Vietnamese workers

HCM City to implement third relief package worth 7.3 trillion VND Ho Chi Minh City will carry out the third relief package worth 7.3 trillion VND (around 320.7 million USD) sourced from the local budget to help more households and informal workers affected by the COVID-19 pandemic, said Vo Van Hoan, Vice Chairman of the municipal People’s Committee. Speaking at a press conference held by the city’s Steering Committee for COVID-19 Prevention and Control on September 20, Hoan said given complicated developments of the COVID-19 pandemic in the city and prolonged social distancing, people face more difficulties due to job loss and having no income. Therefore, in addition to the social security relief packages of the city's Vietnam Fatherland Front Committee and other organisations and individuals, the municipal People's Committee continues to implement the third relief package to help ease difficulties for local residents. According to reports from the People's Committees of … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 21

Hanoi-based enterprises and experts shared with The Hanoi Times about their initiatives to ensure smooth operation with anti-pandemic prevention measures in place. Do Thanh Tam, Deputy General Director of Son Ha Group: Uniting to overcome challenges Do Thanh Tam, Deputy General Director of Son Ha Group. HNT Photos: Hoang Anh As Hanoi's authorities have eased the anti-pandemic restrictions, we have built safe operation plans at production facilities, which strictly complied with the 5K protocol (in Vietnamese) Khau tran g (facemask) - Khu khuan (disinfection) - Khoang cach (distance) - Khong tu tap (No gathering) - Khai bao y te (health declaration). We also tightened the implementation of anti-disease measures according to the Prime Minister's Directive. The “three on-site”option continues to be applied at some factories in high-risk areas to ensure the safety of all employees as well as uninterrupted production activities. Logistics units … [Read more...] about Hanoi-based firms ensure safe production in new normal

A Vietjet Air plane (Photo: Vietjet Air) Hanoi (VNA) - Vietjet Aviation Joint Stock Company (HOSE: VJC) has released its half-year audited financial statements for 2021, which saw a bigger post-tax profit of the parent company over its compiled reports. According to the financial statement s audited by PwC, Vietjet as a parent company had its transport revenue reaching 5,022 billion VND (approx. 220 million USD) for the first six months of this year. Its profit after tax was reported at 34.2 billion VND (approx. 1.5 million USD), a year-on-year leap of 102 percent thanks to profits gained from new project investments. The airline’s audited after-tax profit has also increased by 148 percent compared to that in its compiled reports. Vietjet posted its consolidated revenue at 7,556 billion VND (approx. 332 million USD) while the consolidated profit after tax reached 121.8 billion VND (approx. 5.3 million USD), showing a remarkable year-on-year growth of 161 percent. … [Read more...] about Vietjet’s audited report confirms positive results in H1

The merit and insignia contribute to affirming the imprint of the businesswoman in the Vietnamese and international markets in business development and social activities. On behalf of the President of the Republic of Italy Sergio Mattarella, Dante Brandi, Consul General of Italy in Ho Chi Minh City emphasized Tien's leadership ability that has contributed to IPPG's sustainable development, becoming a reference model in the sector of high, medium and consumer goods. Le Hong Thuy Tien holds the merit and the insignia of the knighthood of the Order of the Star of Italy by the President of the Republic of Italy. Photo by: IPPG According to the Italian Consul, Tien has always acted as an effective promoter of female participation in business in Vietnam, and the cause of meritocracy and equal treatment in the private sector. She has inspired many young Vietnamese entrepreneurs. "In her professional capacity, Tien has constantly contributed to the development of the group … [Read more...] about IPPG’s CEO awarded Knighthood of the Order of the Star of Italy

Workers check bags of instant coffee at Trung Nguyên Co's factory in Bắc Giang Province. Building a stronger private sector is key to Việt Nam's economic transformation. — VNA/VNS Photo Danh Lam HÀ NỘI — As Việt Nam moves toward recovery, the development of a productive and diversified private sector will become more imperative given scarce public resources, international experts have recommended. Việt Nam has demonstrated leadership and swift action in containing the virus since it broke out in early 2020 which made it one of the few countries in the world to register positive growth last year. However, the latest wave of COVID-19 infections since July this year has dealt a severe blow to business and employment, mirroring the downward pressure on Việt Nam’s recovery path. To resume its ambition of realising a high-income growth trajectory by 2045, Việt Nam needs to strengthen private sector development to help the country recover from the … [Read more...] about Productive and diversified private sector key to Việt Nam’s economic transformation

Workers check bags of instant coffee at Trung Nguyen Co's factory in Bac Giang Province. Building a stronger private sector is key to Viet Nam's economic transformation. — VNA/VNS Photo Danh Lam As Viet Nam moves toward recovery, the development of a productive and diversified private sector will become more imperative given scarce public resources, international experts have recommended. Viet Nam has demonstrated leadership and swift action in containing the virus since it broke out in early 2020 which made it one of the few countries in the world to register positive growth last year. However, the latest wave of COVID-19 infections since July this year has dealt a severe blow to business and employment, mirroring the downward pressure on Viet Nam’s recovery path. To resume its ambition of realising a high-income growth trajectory by 2045, Viet Nam needs to strengthen private sector development to help the country recover from the pandemic and unlock its potential, according … [Read more...] about Productive and diversified private sector key to Viet Nam’s economic transformation