Number of new businesses in Vietnam up 7% in Q1
Vietnam’s General Statistics Office (GSO) estimates 36,200 new businesses entered the market in Q1/2024, up 6.9% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Q1 unemployment rate slips slightly to 2.24%
Vietnam’s unemployment rate is estimated to have dropped to 2.24% in the first quarter of this year, down 0.02 percentage points from the previous quarter and 0.01 percentage points from the same period last year.
Top News - Mon, Dec 22, 2021 | 11:30 am GMT+7
Apple supplier Luxshare-ICT to hire 1,500 people a month in central Vietnam
Luxshare-ICT (Nghe An) Limited, a subsidiary of major Chinese electronics producer Luxshare-ICT, is looking to recruit 1,500 people a month for the second phase of its project in Nghe An province.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should promote workforce investments, clear regulations: Bosch
Vietnam should encourage the government and businesses to invest more in human resources and build a clear regulatory framework, Dominik Meichle, managing director of Bosch Vietnam, said at the Vietnam Business Forum (VBF) on Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Apple supplier Luxshare-ICT looks for 1,000 new workers in central Vietnam
Luxshare-ICT (Nghe An) Limited, a subsidiary of major Chinese electronics producer Luxshare-ICT and a supplier for Apple Inc., is recruiting an additional 1,010 laborers after the Lunar New Year (Tet) holiday, as the firm anticipates rising orders.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam offers tax, working conditions incentives for high-tech parks
Vietnam will provide tax and working conditions incentives for high-tech parks and businesses therein under new Government Decree 10/2024, effective March 25.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Siemens, Vietnam’s National Innovation Center to cooperate in smart factory
The National Innovation Center (NIC), under Vietnam’s Ministry of Planning and Investment, and German technology giant Siemens signed a cooperation deal on Friday, focusing on smart factory in the Southeast Asian nation.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
US semiconductor firm Marvell seeks investments in Vietnam’s Danang city
Danang will facilitate Marvell's plans to invest in the central city, Danang Vice Chairman Ho Ky Minh affirmed at a Monday meeting with a delegation from the U.S. semiconductor giant.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Business confidence in Vietnam improves again: EuroCham
EuroCham’s Business Confidence Index (BCI) for Vietnam rose again to 46.3 in the last quarter of 2023, the second growth in a row since Q1/2022.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Risk factors: market demand, skilled labor shortage worry German firms in Vietnam
Low market demand and shortage of skilled labor are the biggest risk factors that German firms see in Vietnam over the next 12 months, a new study says.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s sustainable growth hinges on workforce training, stable business environment: Bosch exec
Vietnam can ensure sustainable growth and successful operations of foreign businesses by focusing on workforce training and maintaining a stable business environment, said a Bosch executive.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam to see new quality US investment wave following relationship upgrade
The recent upgrade of Vietnam-U.S. ties to a comprehensive strategic partnership is expected to ignite a new wave of investment from America in the Southeast Asian country, which has proven its resilience during the Covid-19 pandemic and global economic doldrums, experts have said.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM asks labor ministry to draft minimum wage hike
Prime Minister Pham Minh Chinh has asked Vietnam’s Ministry of Labor, Invalids and Social Affairs to compile a draft minimum wage hike for workers.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam employees upbeat about AI-created opportunities: PwC study
Overall business sentiment is positive with 54% of Vietnam respondents in an Asia Pacific personnel survey by PwC believing that their organizations will be in business for more than 10 years if they remain on their current paths.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
50% of firms eye more recruitment in Vietnam this year: sector report
More than half of businesses in Vietnam plan to boost recruitment this year, indicating positive developments in the labor market, according to a new report by TopCV, a popular human resources company in the country.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam’s unemployment falls to 2.25% in Q1
Vietnam’s unemployment rate fell 0.21 percentage points year-on-year to 2.25% in the first quarter of this year, while its workforce grew to 52.2 million, up by 1.04 million or 2.03% year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Australia workforce solution firm Weploy launches Vietnam unit
Weploy, an Australia-based on-demand temporary staffing platform, launched its Vietnam unit on Thursday after securing $5 million in investment from London-based Skymind Global Ventures.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
1.08 mln Vietnamese people unemployed in Q4
Vietnam recorded 1.08 million unemployed people in the fourth quarter of 2022, up 24,900 from the previous quarter, but down 520,000 year-on-year.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Q4 unemployment rises to 2.32%
Vietnam’s unemployment rate inched up 0.04 percentage points from the third quarter of this year to 2.32% in the fourth quarter, the General Statistics Office (GSO) reported.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Hotels, accommodation facilities face staff shortage after pandemic
About 40-50% of workers at hotels and other accommodation establishments left their jobs in 2020-2021 due to the Covid-19 pandemic and have yet to return to work after the country reopened to international tourism in March, leading to labor shortages in the sector.
Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7
Salaries at foreign firms 31% higher than Vietnamese peers
The average basic salaries at multinational corporations (MNCs) in Vietnam is 31% higher than those of domestic companies, according to HR consulting firms Talentnet and Mercer.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam Q3 unemployment lowest in 3 years
Vietnam's unemployment rate dropped 1.7 percentage points year-on-year to 2.28% in the third quarter, the lowest since 2020.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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