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VIETNAM BUSINESS NEWS AUGUST 8

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Worker shortage prolonged by pandemic, firms struggle - VnExpress International


Worker shortage prolonged by pandemic, firms struggle
By Dat Nguyen   July 9, 2021 | 07:06 am GMT+7
Medical staff takes samples of employees at a factory to test for the novel coronavirus in Ho Chi Minh City. Photo by VnExpress/Huu Khoa.
The fourth Covid-19 wave has made it more difficult for businesses to hire the employees they need to fulfill the increased orders that they have been getting.
The Bac Giang Garment Corporation (LGG) in northern Vietnam is experiencing a major labor shortage with only 10 percent of its employees working.
CEO Luu Tien Chung said at a recent meeting that most of LGG’s employees are isolated at home, with the province being the second largest Covid-19 hotspot in the country behind Ho Chi Minh City. ....

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Vietnam's north-south railway section blocked due to bomb detection


Saturday, June 05, 2021, 11:20 GMT+7
This supplied photo shows the location of the unexploded bomb detected in Kim Hoa Commune, Tuyen Hoa District, Quang Binh Province on June 4, 2021.
An unexploded bomb was found underground near the national rail in central Vietnam on Friday, resulting in the blockade of a railway section and thereby affecting many passenger and cargo trains.
A north-south railway section that runs through Quang Binh Province’s Tuyen Hoa District was blocked at 1:00 pm on Friday after the explosive item was found several meters away from the track, the Vietnam Railways Corporation (VRC) reported the same day.
Construction workers detected the bomb, left over from wartime, while they were working on a project upgrading the railway section, Nguyen Quoc Anh, deputy general director of VRC told ....

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Enterprises bump up prices on rising raw material costs


Enterprises bump up prices on rising raw material costs
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 07/05/2021
  
11:03
GMT+7
With raw materials prices rising, enterprises are hiking prices to protect their profit margins.
Cement producers in Vietnam are raising prices by VND30,000-40,000 (US$1.31-1.74) per tonne as costs surge.  Photo dangcongsan.vn
Cement producers have increased prices by VND30,000-40,000 (US$1.31-1.74), according to Luong Duc Long, vice president and general secretary of the Vietnam Cement Association.
Sai Gon Food Joint Stock Company hiked prices by 5-15 per cent in the first and second quarters, and the rise in the third and fourth quarters might reach 25 per cent, its representative said. ....

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