Vietnamnet.vn
Podcast
cheap labour
Update news cheap labour
Challenges face textile sector as cheap labour no longer an advantage
Textiles are often regarded as one of Vietnam’s key export sectors with an average annual growth rate of 15% during 2010-2015. However, it is also faced with a range of challenges.
Hanoi plans 13 more industrial parks
VietNamNet Bridge – The capital will have 13 more industrial parks (IPs) spread over 6,000 hectares by 2020, a 300 per cent increase in comparison with the current number of parks.
Low-cost strategy dictates FDI recruitment
VietNamNet Bridge – Foreign investors have distributed US$1.12 billion in foreign direct investment (FDI) projects in Viet Nam during the first two months of 2014, up 6.7 per cent from one year ago,
Vietnam's economy regaining growth momentum
VietNamNet Bridge – Vietnam’s gross domestic product (GDP) expanded 5.5 percent in the third quarter of 2013. Compared with the second quarter, the growth is 0.5 percent higher.
Halcyon days of cheap labour over
VietNamNet Bridge – Rising wages in Vietnam are prompting many foreign investors in labour-intensive industries to look to other countries with cheaper labour cost to make investments.
