Despite WTO, Vietnam faces problems in garment exports

A female worker is pictured at a shirts’ production line of a local garment company in Hanoi. Vietnam is expected to earn around $9.2-9.3 billion this year from textile and garment exports.

Since Vietnam joined the WTO, its textile and garment sector has enjoyed opportunities to expand markets but also faced difficulties resulting from possible US [...]

EVN slammed for fat bonus appeal despite loss claims

EVN employees at work fixing power lines.

Electricity of Vietnam (EVN) repeatedly proclaims its losses and lack of investment funds, but does not shy away from asking for huge bonuses to its staff, a National Assembly deputy said in a rebuke to an EVN request.

In early 2007, the monopoly power provider, saying it [...]

Vietnamese wood exports grow despite US recession

Kelvin Ho, marketing executive of the International Furniture Fair Singapore Pte., Ltd., examines a wooden boat manufactured by local company Old-Modern Handicrafts JSC at the EXPO 2008 fair Wednesday.

Vietnam’s wood exports have strengthened over the past few months despite experts who said the sector would be hit hard by the US financial crisis. [...]

Businesses still throwing money into ads, despite high inflation

–Experts say advertising turnover has been increasing steadily since the beginning of the year, though a lot of businesses have cut their budgets for advertising campaigns to cope with difficulties.

In May 2008, Vinamilk announced a $2mil campaign, with the money spent on using logos and images of Arsenal’s footballers to popularise the Moment coffee [...]