On December 29, the Vietnamese government announced that the country’s gross domestic product (GDP) in 2021 increase only by 2.58%, lower than the 2.91% rate of 2020 and also the lowest increase in the past decade. The General Statistics Office…
The State Bank of Vietnam has just announced that the number of remittances sent to Vietnam in 2021 hit about $12.5 billion, up 10% on the year. Previous statistics in November 2021 of the World Bank said that, although the…
In Vietnam, over the past two weeks, the number of Covid-19 virus infections has continuously exceeded the threshold of more than 10,000 people a day. On December 10, 2021, the Ministry of Health recorded more than 14,000 cases, and the…
On January 11, Vietnam’s highest legislative body National Assembly approved an economic support package worth nearly VND350 trillion ($15.4 billion) for the period 2022-2023, to support businesses and people affected by the COVID-19 pandemic. The information page of the National…
The state of workers’ strike continued into the third day on January 10 at a factory in Vietnam’s southern province of Dong Nai owned by Pouchen Group, the world’s largest footwear manufacturer in Taiwan, because workers were not satisfied with…
One year ago, on January 1, 2021, the revised Labor Law, passed by Vietnam’s legislative body National Assembly in November 2019, took effect. But so far, the establishment of independent trade unions, as provided for in the new Labor Law,…
Thousands of trucks carrying agricultural products, mainly fruit, are still stuck at the main border gate on the Vietnam-China border as Beijing authorities tighten import restriction measures to prevent the spread of the virus. Covid pandemic. In a report sent…
The leaders of VinFast automobile company belonging to Vingroup group of Vietnamese billionaire Pham Nhat Vuong recently announced that the company is about to stop producing gasoline-powered cars and focus on making electric cars. This move caused a stir in…
According to the latest statistics of Vietnam, the number of people of working age who lost their jobs in 2021 is more than 1.4 million people, while the income of workers in almost all occupations decreased significantly because of the…
Citing information from the Ministry of Public Security, Vietnam’s state-controlled media on January 7, 2022, reported that Viet A Company inflated the price of COVID-19 test kits by about 45% and gave bribes to “partners” VND800 billion ($34.7 million). The…
