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Foods, holiday season may push CPI up

December's Consumer Price Index was forecast to increase by 0.5 to 0.6 per cent compared to the previous month due to the advent of Christmas and Tet holidays alongside flooding in several areas.

Social insurance fees bite 24% chunk out of wages

Compulsory social insurance fees for workers will increase by two per cent to 24 per cent of their monthly basic wage as of the beginning of the year, according to the Viet Nam Social Insurance office.

High prices boost farm exports

Exports of agricultural products during the first 10 months of this year reached a total of US$11.6 billion, a year-on-year increase of nearly 45 per cent, with export value bolstered by high prices.

Trimming the trade deficit

The national trade deficit in the first 10 months of this year was kept at nearly US$8.4 billion while the figure of the same period last year was $9.5 billion, according to the General Statistics Office (GSO).

Power cuts to hit capital next year

The capital is set to experience power shortages of 15-20 per cent during the course of next year due to slow progress in the instalment of a power transmission line system and transformer stations.

Pay rises fail to compensate for inflation spike

Salary increases this year are much lower than inflation rates, a survey by Mercer, the leading global provider of human resource services and its associate, Talentnet Corporation, has found.

Export value of hi-tech zones hits $626m

The total export value of high-tech zone (HTZ) enterprises in HCM City were reported to have reached US$626 million, a year-on-year increase of 165 per cent, accounting for 99 per cent of total production value.

CPI to rise 0.5% in Sept; to hit 18% at year end

The consumer price index (CPI) this month is expected to increase 0.5 per cent against last month, but the estimated increase in the nation's CPI for this year is still expected to...

City posts moderate economic growth

HCM City achieved reasonable growth rates in several economic parameters in the first eight months despite the global economic turmoil and its impact on the national economy, figures released by the People's Committee last week show.

Brand forum to promote Viet Nam

The Trade Promotion Agency, run by the Ministry of Industry and Trade, joined hands with the Viet Nam News Agency in organising a forum based on the Vietnamese brand in Ha Noi this coming Wednesday.

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From Life Style

Paris spotlights traditional festivals

A place of culture: A customer sights photos in an exhibition that explores traditional Vietnamese culture and festivals. The exhibition has been held in the Vietnamese Culture Center in Paris. Photo PARIS — An exhibit of 80 photos of traditional Vietnamese traditional is happening at theVietnamese Culture Center in Paris, organised through the Vietnamese community in France to celebrate the 122nd birthday from the late Leader Ho Chi Minh.The

Art auction to aid cleft palate surgery for kids

With higher cause: Wild Dream, an oil on canvas painting by Ha Hung Dung, is going to be offered in a charitable organisation auction held by Operation Smile Viet Nam in HCM City now. HCM CITY — Functions by several popular artists goes underneath the hammer in an annual charitable organisation dinner in HCM City on Saturday to boost funds for carrying out cleft palate procedures for Vietnamese children, this time around in Nghe An Province.To