Although these are due for more than three weeks, the ministry only received reports from some 30 localities, most of them industrial zones and mountainous provinces, so the ministry lacks the data to present an overall picture of wages and bonuses for the whole country. It is expected that by the end of January, the ministry will have completed general information about the situation for the entire country. … [Read more...] about Companies scramble to ensure Lunar New Year pay bonuses
Small company hr management
P2P lending needs better management to avoid black credit
Also in 2020, the city police investigated apps led by Chinese citizens which lent to more than 60,000 people in 60 provinces and cities for a total of about VND100 billion (US$4.3 million). These applications, namely "Vaytocdo", "Moreloan" or "VD online", provided loans with "exorbitant" interest rates of 2.5 per cent per day, equivalent to 17.5 per cent per week, 75 per cent per month and 912.5 per cent per year. … [Read more...] about P2P lending needs better management to avoid black credit
Ford recognised for leadership in corporate sustainability
Since 2000, Ford’s annual sustainability report has tracked the company’s wide-ranging approach to and significant achievements in corporate social responsibility related to climate change, water conservation and air quality, among other issues. — VNS … [Read more...] about Ford recognised for leadership in corporate sustainability
VIETNAM BUSINESS NEWS JANUARY 28
The sector will continue to develop high-quality livestock breeds for production, with priority given to the import of appropriate breeds that are suitable for each ecological region. The production of industrial animal feed will be accelerated to meet domestic demand and exports. The relevant agencies should enhance the management and improve the efficiency of animal feed use to reduce production costs, ensure food safety and protect the environment. It is also crucial to disseminate methods of using animal feed safely and effectively among farming households. Hi-tech applications are needed in the field of livestock breeds, with priority given to indigenous breeds; animal feed, breeding conditions, equipment and facilities and veterinary hygiene. The synchronous measures are expected to turn livestock into a conditional production and business industry, ensuring biosafety, food safety, environmental protection and high economic value. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 28
Corporate bond market forecast to be robust this year
However, not every enterprise was in a safe enough situation for bond issuance, Duong said, adding that there were many of small scale, especially those operating in real estate development, but issue corporate bonds much higher than their equity, posing risks to the market if these enterprises fell into difficulty and failed to pay debts. … [Read more...] about Corporate bond market forecast to be robust this year