Textile - garment sector sees strong growth Business

Textile - garment sector sees strong growth

The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 percent in revenue to over 5.15 trillion VND (224.26 million USD) in the first quarter of 2022, completing 28.5 percent of its target for the whole year.
Vinatex’s net profit rises sharply last year Business

Vinatex’s net profit rises sharply last year

Vietnam National Textile and Garment Group (Vinatex)’s post-tax profit in the last quarter of 2021 was nearly 500 billion VND (22.03 million USD), tripling the figure recorded in the same period of the previous year.
Enterprises prepare for workforce shortage after Tet Society

Enterprises prepare for workforce shortage after Tet

Every year after the Tet (Lunar New Year) holiday, many businesses face a serious shortage of workers. Last year, due to the impact of social distancing orders, enterprises struggled with a shortage of labour. Therefore, the need to prepare the workforce for the post-Tet period is even more urgent.
Rewards, bonuses for Lunar New Year festival bolster workers’ spirits Society

Rewards, bonuses for Lunar New Year festival bolster workers’ spirits

After a year full of difficulties caused by the COVID-19 pandemic, many enterprises are still trying to provide their workers with rewards and gifts for the Lunar New Year (Tet) festival, to encourage their spirit and enhance bonds with the enterprises, helping to quickly restore production and maintain jobs and incomes for their employees.
Seminar looks into impacts of COVID-19 on garment, footwear workers Business

Seminar looks into impacts of COVID-19 on garment, footwear workers

An online seminar spotlighting impacts of the COVID-19 pandemic on textile, footwear and garment workers and trade union activities was held by the Vietnam General Confederation of Labour (VGCL)’s Institute for Workers and Trade Unions (IWTU), and the Netherlands Trade Union Confederation in Hanoi on December 28.
Hanoi flexibly maintains production amid COVID-19 Business

Hanoi flexibly maintains production amid COVID-19

To maintain business operations amid social distancing order caused by the fourth wave of COVID-19 pandemic, it is necessary to pool the drastic involvement of local authorities, especially flexibly adopting plans to both fight the pandemic and prevent production disruption.