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Amway’s strong foundation for long-term growth

(1 vote, average 5.00 out of 5)

Amway Vietnam, a direct selling (or multi-level marketing) company  last week opened a new representative office in Hanoi to further focus on training and development for its distributor force as well as to expand its business operatio [ … ]


Regulation on minimum wage torments workers

A paradox has been existing that the salaries of workers in foreign invested enterprises (FIEs) are even lower than that of workers in state owned enterprises. It is because of the unreasona [ … ]


EVN’s actual salary found lower than reported

The average monthly salary at the Electricity of Vietnam Group (EVN) in 2010 is VND7.62 million (US$365), far lower than the figure previously announced by the State Audit Office, said inspe [ … ]


First inspection results show EVN's high salaries despite losses

The Ministries of Labour, Invalids and Social Affairs (MoLISA) and Industry and Trade (MoIT) met yesterday to assess the first results of the inspection into salary payment at the Electricit [ … ]


PVC puts into operation new chemical plant

PetroVietnam Drilling Chemical Joint Stock Corp (coded PVC) announced to officially put into operation the new petroleum chemical plant in Cai Mep-Vung Tau Industrial Park in Q2.


EVN chairman vacancy yet to be filled

The Ministry of Industry and Trade has yet to decide who will take over the chairman’s seat at Electricity Group of Vietnam (EVN), Deputy Minister Nguyen Nam Hai said at a press meeting Mond [ … ]


Massive losses cost EVN chairman his seat

The Prime Minister has dismissed Dao Van Hung, chairman of the Electricity Group of Vietnam (EVN), which has been making losses while under his control, with the loss-stricken EVN Telecom th [ … ]


Vinalines reports shock 2011 profits after huge first-half losses

The Vietnam National Shipping Lines (Vinalines) announced a pre-tax profit of VND62 billion (USD2.95 million) after total revenue of VND24.7 trillion (USD1.16 billion) in 2011.


Bridgestone sets its 50th manufacturing base in Dinh Vu IZ

Bridgestone Tire Manufacturing Vietnam, an affiliate company of Japan’s Bridgestone Corporation today received an investment certificate to build a passenger car tire manufacturing plant in [ … ]


Lotte Mart earns licenses for new shopping centers

Representatives of Lotte Vietnam Shopping Co. and Dong Nai Province government at the ceremony to award investment certificate for development of a Lotte shopping center in Dong Nai’s Bien H [ … ]


Hitachi champions young regional leaders’ potential

Hitachi last week held the 11th Hitachi Young Leaders Initiative, that saw regional politicians and key leaders from the region gather.


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