Economy

UOB projects Việt Nam’s Q2 GDP growth rate to hit 6 per cent

Singapore - based United Overseas Bank (UOB) has projected the economic growth rate of Việt Nam at 6 per cent in the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies as well as ongoing supply chain shifts.
Economy

Reduced working hours must go hand-in-hand with improved productivity

The Vietnam General Confederation of Labour (VGCL), the sole representative of Vietnamese worker's interests and unified trade union organisation in the country, for the second time this year, has called on the government to reduce the weekly working hours for private sector workers from 48 to 44, and eventually to 40 hours per week.
Economy

Korea and central Việt Nam expand co-operation in ICT

Central Việt Nam is being seen as a favourable destination for information and communication technology (ICT) investment from Korea, and Đà Nẵng City has become a centre of IT, with universities training manpower and the city a major draw for Korean investors.

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