Reports

A survey in Binh Duong province near HCM City shows that workers in the industrial zones there are poorly nourished. Workers buy xôi (steamed glutinous rice) before work begins. Companies budget eight to ten thousand dong per meal per worker, but after deducting the fee for contractors and other service costs, the true value of a...

VnnNews – Travel firms offer a lot of low cost tours under tourism promotion programmes, but they come with strings attached. The director of a travel firm in the north told VietNamNet that at the Yen Tu and Huong Pagodas, he heard a lot of people speaking with a southern accent. Trip packages multiply Discounted air tickets...

VNNB summarizes the local media’s accounts that has been triggered by Chinese document submitted to the UN Law of the Sea Commission in support of its territorial claims in the East Sea. China’s U-shaped line in the East Sea. The dotted line – drawn in the East Sea on the Chinese map – is referred to as the...

VnnNews – The new decision by SBV was thought to help promote lending. The results however, have been minimal. Commercial banks still “dodging” the laws One week after the SBV decision took effect, borrowers paying bank debts and hoping to get new loans have been asked to sign contracts on medium loans, even though they...

VietNamNet Bridge – The Ministry of Construction ended a vigorous debate when it ruled that business offices cannot be set up in residential apartment buildings. According to Dau tu, the highest percentage of apartments used as business premises in the Hanoi area are found in Trung Hoa-Nhan Chinh, My Dinh and Linh Dam neighborhoods, in...

VnnNews – Salt fields are filled, but workers are not hurrying to harvest it. They know they will not be able to sell salt for much money. Saigon Tiep Thi reporters met Nguyen Xuan Hay, 67, in a salt field. His cooperative assigned Hay and 18 other salt workers three hectares of salt. They must produce 300 tons and pay the cooperative...

Economist Nguyen Dai Lai urges drastic measures to fight what he believes to be the germ of high inflation. Lai is the Deputy Director of the State Bank’s Banking Strategy Department.  He told Tien Phong reporters that Vietnam ought to follow very strict administrative measures to fight inflation.  He suggests formation of...

VnnNews – Contrary to all predictions, small merchants have not raised prices in spite of input price increases. A Saigon Tiep Thi reporter went to Tan Son Nhat Market a few days ago to have his jeans repaired. To his surprise, the tailor asked for only 10,000 dong instead of 15,000 as usual. The shop’s tailor explained: “If...

Following recent announcements by the PM and the Party Secretariat suggesting further liberalization of the climate for private enterprise, the public is watching intently for follow-through.  The warehouse of a private coffee company.VietNamNet Bridge – Following recent announcements by the Prime Minister and the Party Secretariat...

VnnNews – Reporters from Tien Phong found that the laws on foreign currency management themselves have lent a hand to ‘dollarization.’ Dollars in, dollars out The director of one private company told the Tien Phong reporters that he converts all the firm’s income into dollars and deposits these into the bank. Keeping...