Vietnamplus

The property market is “struggling and risks falling into a slump,” Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association, has warned.

Many businesses are planning to reduce the number of employees on their payroll in the next few months.

The restructuring and streamlining of administrative apparatus and preparing the budget for the reformed salary project are key to wage reform.

The northern province of Vinh Phuc is pushing the review of functions, tasks, power and organization of provincial and district-level departments of the local administrations with a view to streamlining the apparatus.

The Government is planning to implement job competition mechanisms and remove its lifetime employment policy to improve the quality of staff, civil servants and officials.

Completing a job restructuring project this year is a key task for public sector salary reform, said Deputy Prime Minister Vuong Dinh Hue.

The Government has issued a decree to update provisions of the Labour Code relating to wages.

As many as 265,106 civil servants will be included in the State payroll this year, a year-on-year decrease of about 4,000, according to a Prime Minister’s decision that takes effect this month.

Deputy Prime Minister Trinh Dinh Dung asked the Vietnam National Coal and Minerals Group (Vinacomin) to focus on labour and environmental safety as it develops a specialised management model.

When Pham Sy Liem, former deputy minister of construction, recommended that the Government hire private construction inspection services, he met with mixed opinions from experts.

The National Assembly adopted the Resolution on State budget estimate for 2018 during its ongoing fourth session in Hanoi on November 13 with 86.56 percent of approval

The Government affirmed its efforts to cut spending in the time to come at the October 23 afternoon session of the ongoing fouth session of the 14th National Assembly.

Prime Minister Nguyen Xuan Phuc has agreed with a proposal to establish regional representative offices of the Vietnam News Agency in New York (the US) and Brussels (Belgium).

The Vietnamese Government has failed to downsize its large staff, with the number of officials continuing to increase.

In a bid to ease payroll pressure on the national budget and improve staff performance, the PM has decided to reduce the number of those on the State payroll by 1.4 percent at all levels next year.

Renewing management mechanisms and reducing the number of employees on the State payroll are needed to replace incompetent civil servants with qualified ones.