Average Tet bonus jumps 11.4 percent Society

Average Tet bonus jumps 11.4 percent

Bonuses for the upcoming Tet (Lunar New Year) at most companies nationwide are worth one month’s salary on average, which is around 6.3 million VND (271.68 USD), or 11.4 percent higher than 2018.

MARD accelerates restructuring process

The Ministry of Agriculture and Rural Development (MARD) has issued a plan to reorganise agricultural production in the 2014-2020 period, with focuses on equitisation and state divestments in its corporations and groups, the Vietnam Economic News reported.

Vinacomin looks for ways to boost turnover

The Vietnam National Coal and Mineral Industries Corporation (Vinacomin)'s turnover was 26 trillion VND (1.23 billion USD) in the first quarter of this year, while its profit was 550 billion VND (26.1 million USD).

Viettel to remain wholly State-owned

T he Military Telecom Corporation (Viettel), one of the biggest mobile network operators in Vietnam, will remain a wholly State-owned enterprise, according to the Prime Minister's direction.
Government raises minimum salary Society

Government raises minimum salary

Another 220,000 VND (10 USD) will be added to the monthly minimum wage from May 1, according to a new Government decree issued on April 12.