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New wave of data center investment in Viet Nam
With the surging demand for artificial intelligence (AI), the race to build and upgrade data centers is becoming increasingly competitive in Viet Nam, noted investment promotion portal Invest Viet Nam.
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Foreign workers allowed to join trade unions
Foreign workers employed in Viet Nam under labor contracts of 12 months or more shall be allowed to join trade unions at their workplaces.
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Gov't chief orders effective implementation of laws on land, housing and real estate business
Prime Minister Pham Minh Chinh has urged ministries, agencies and localities to effectively implement the Land Law, Housing Law, and Real Estate Business Law in favor of socio-economic development.
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Viet Nam still remains FDI hub: HSBC
Viet Nam has sustainably enjoyed foreign direct investment (FDI) inflows well above 4 percent of its GDP, among the highest in ASEAN (as a share of GDP), noted HSBC in its report Viet Nam at a glance released on August 8.
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Fresh regional minimum wage policy released
The Government issued Decree 74/2024/ND-CP dated June 30, 2024 providing for regional minimum wage, applicable from July 1, 2024
