Scandals due to compensation issues around incentives base pay or benefits

Vietnam says that its trade relations with the US have coincided with the World Trade Organization's regulations. Vietnam stands ready to discuss with the US to address issues emerging in trade, Spokeswoman of the Ministry of Foreign Affairs Le Thi Thu Hang said today. Vietnam has always worked with the US through existing mechanisms, including Trade and Investment Framework Agreements (TIFAs), to boost trade and investment for the sake of businesses and people of both sides, Hang shared the view at the press conference on August 11. Warehouse storage of steel products in Vietnam. Photo: VNA On August 8, the US Department of Commerce (DOC) issued an official notice on the initiation of an investigation into trade remedy evasion with respect to a number of steel pipe products imported from Vietnam. According to ASL law firm , Large US steel pipe producers asked the US to launch an investigation after learning that Vietnam was importing Hot Rolled Steel … [Read more...] about Vietnam willing to work with US on emerging issues: Spokeswoman

Vice director of the HCMC Tourism Department Bui Thi Ngoc Hieu (L) offer a gift to a representative of the delegation of South African visitors. The tourists of Absa Group Limited, a South Africa-based financial services provider traveled to HCMC for meetings from August 11-14. They stayed at InterContinental Saigon hotel and will take sightseeing tours by bus or Vespa scooters to visit the city’s attractions and enjoy Vietnamese dishes, then discover a boat tour on the Saigon River. Vice director of the HCMC Tourism Department Bui Thi Ngoc Hieu (3rd, L) offer  gifts to a representatives of the delegation of South African visitors. Absa’s director extended his heartfelt thanks to leaders of the HCMC Tourism Department and travel companies for a warm welcome. Besides participating in events and exploring the city's sights, South African tourists also look for investment opportunities in HCMC, he said. The visitors said that they will come back to the southern economic … [Read more...] about HCMC receives MICE visitors from South Africa

Accordingly, at the end of 2021, the People's Committee of HCMC issued a decision to recognize the auction-winning results for the Dream Republic Joint Stock Company (lot No.3-5), Sheen Mega Joint Stock Company (lot No.3-8), Binh Minh Investment and Trade Company Limited (lot No.3-9), and Viet Star Real Estate Investment Company Limited (lot No.3-12). The Tax Department of HCMC also issued notices of land-use fees and registration fees for four companies to pay to the State budget. Binh Minh Investment and Trading Company Limited paid VND145.7 billion, and Viet Star Real Estate Investment Company Limited paid VND588.5 billion, or a 20 percent deposit. However, after that, they sent written requests to stop and terminate the purchase contract of the auctioned land. Sheen Mega Joint Stock Company paid a deposit of VND203.7 billion and was forced to deduct money from its bank account because its outstanding amount was VND3.79 trillion; the Dream Republic Joint Stock Company paid a … [Read more...] about Thu Thiem land auction results proposed to be canceled

Police officers on May 18, 2009 announced a decision to deport Viet Tan member Nguyen Van Be, a Vietnamese in Australia. (Photo: VNA) Hanoi (VNA) – The Viet Tan terrorist organization has made use of the internet, especially social media, to conduct propaganda and entice people to join its disguised groups on the internet. Under the cover of making social criticism and struggling for democracy, national sovereignty and territorial integrity, those groups in fact spread distorted information on the Party and State’s policies and guidelines in order to spur the hostile attitude among a part of the people. Making use of East Sea situation to undermine the administration Recently, using the complicated developments in the East Sea after China brought its survey vessels into Vietnam’s exclusive economic zone, Viet Tan coordinated with other reactionary groups and associations to hold a series of demonstrations in many countries in order to incite its members and political … [Read more...] about What’s new in Viet Tan’s schemes?

Illustrative image (Source: VNA) HCM City (VNS/VNA) - As tourism continues to revive, the hotel and tourism industry is suffering from challenges in recruiting qualified human resources post pandemic, industry players warned. Speaking at a seminar on August 9 in HCM City, Dr Nguyen Anh Tuan, director of the Institute for Tourism Development Research, said there was a lack of high-quality staff in the industry. Vu The Binh, chairman of the Vietnam Tourism Association , said that human resources were a weak point for the industry even before the pandemic. “Efficient, hard-working, and resourceful human resources are the backbone of any successful business. It is even more so in the case of the hotel industry.” Successful hotel operations are sustained by customer-oriented and hard-working employees who have adequate competencies, he added. A large number of hotels and resorts stopped operation during the two-year pandemic, and coming back could prove challenging, he … [Read more...] about High-quality human resources key to sustainable tourism industry

The head of the European Space Agency (ESA) has warned economic damage from heatwaves and drought could dwarf Europe's energy crisis as he called for urgent action to tackle climate change. Director General Josef Aschbacher told Reuters successive heatwaves along with wildfires, shrinking rivers and rising land temperatures as measured from space left no doubt about the toll on agriculture and other industries from climate change. "Today, we are very concerned about the energy crisis, and rightly so. But this crisis is very small compared to the impact of climate change, which is of a much bigger magnitude and really has to be tackled extremely fast," he said. He was speaking in an interview as heatwaves and floods generate concerns over extreme weather across the globe. More than 57,200 hectares have been swallowed by wildfire in France this year, nearly six times the full-year average. In Spain, a prolonged dry spell made July the hottest month since at least 1961. … [Read more...] about Climate risks dwarf Europe’s energy crisis, space chief warns