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Update news VCCI
VietNamNet Bridge - The Ministry of Science and Technology (MST) said it would propose to not continue investments in national key laboratories if the current management policy does not change.
VietNamNet Bridge - It is estimated that Vietnam will need 7,770 more teachers of English by 2020 to implement the national program on teaching English, under which third, fourth and fifth graders would have four English sessions a week.
Nguyen Thi Kim Ngan, who took office as the new Chair of the National Assembly, has admitted the failure of the plan on developing Vietnam into an industrialized country which marches towards modernization.
VietNamNet Bridge - E-United has unexpectedly expressed its willingness to come back to Vietnam to develop the Guang Lian steel project which it once gave up because of financial problems.
VietNamNet Bridge - The Ministry of Education and Training (MOET) has told primary school teachers not to give home exercises to students who have two learning shifts a day. But students still have too many exercises to do.
VietNamNet Bridge - Drought, saline intrusion and unmethodical business plans all have dealt a blow on enterprises, leaving them with a material shortage.
Monitoring data shows that the saltwater has intruded deep into the inner HCM City since early April. The salinity in Nha Be, Sai Gon rivers and several canals in Binh Chanh and other districts is above last year’s levels.
Many well-known high-cylinder capacity motorbike brands have arrived in Vietnam. The super-motorbikes, with high technology, strong engine and sky-high selling prices of between hundreds of millions of dong and billions of dong, have been marketed.
VietNamNet Bridge - With Idemitsu and its partner KPI planning to distribute petroleum products from Nghi Son Oil Refinery, a way out for Nghi Son has been found.
VietNamNet Bridge - An environmental disaster has occurred: fish have died en masse, running adrift to the central coastline. The incident was allegedly caused by untreated waste water from Formosa’s factory.
VietNamNet Bridge - From the beginning of the year to mid-April, the Institute of Social Sciences of the Vietnam Academy of Social Sciences produced one PhD every 1.5 days.
VietNamNet Bridge - More than 20,000 businesses were dissolved or stopped operation within one quarter.
A total of 428,000 enterprises, accounting for 45.5 per cent of all those registered, ceased or suspended business operations in the 2007-2015 period according to the Vietnam Chamber of Commerce and Industry’s report.
VietNamNet Bridge - With a score of 68.34, Da Nang once again ranks first in the country for provincial competitiveness. The next positions belong to Dong Thap, Quang Ninh, Vinh Phuc and Lao Cai.
VietNamNet Bridge – The National Wage Council is expected to launch a survey in late March or early April to collect data for region-based minimum wage increases in 2017.
VietNamNet Bridge - While Vietnam makes every effort to strive for trade liberalization internationally, it has limited liberalization internally, according to Pham Chi Lan, a renowned economist.
VietNamNet Bridge - Many imported products and services are sold in the domestic market at incredibly low prices. However, Vietnamese businesses are reluctant to file anti-dumping lawsuits.
VietNamNet Bridge - The sharp minimum wage increase of 12.4 percent and the new insurance premium calculations to be applied from 2016 have caused concern among businesses.
VietNamNet Bridge - The Vietnam Chamber of Commerce and Industry (VCCI) has reported that 70 percent of businesses are unprofitable, but the General Department of Taxation (GDT) said it does not know where the figure comes from.
VietNamNet Bridge - Businesses say that a proposed minimum wage of 16 percent in 2016 will cause them to go bankrupt, and local products would not have export markets if workers are laid off.