After more than three years serving as U.S. Consul General in HCMC, Mary Tarnowka has been appointed as executive director of the American Chamber of Commerce in Vietnam HCMC. In an interview with The Saigon Times, Tarnowka said she will lead AmCham Vietnam HCMC as a bridge to promote bilateral trade and investment between the United States and Vietnam in the coming time.
The Japanese Chamber of Commerce and Industry in Vietnam (JCCI) has proposed increasing maximum overtime to 300 hours per year, instead of the current 200 hours, in the new Labour Code.
Numerous large-scale groups have relocated their facilities from China to Vietnam in order to avoid the impact of the US-China trade war, showing the potential for strong development of industrial real estate.
Vietnam’s labour productivity has improved but is still low in comparison with other ASEAN members, according to a report by the Ministry of Planning and Investment.
The country’s Consumer Price Index rose in August, according to the General Statistics Office.
Source: 14 central provinces with huge economic potential
The total foreign direct investment (FDI) disbursement in the first eight months of 2019 witnessed an on-year increase of 6.3 per cent, reaching $11.96 billion, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
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Prime Minister Nguyen Xuan Phuc has demanded ministries, sectors and localities take stronger actions to speed up the disbursement of public investment capital for 2019, as disbursement is at a critically low level.
By now, I hope you have heard our big news that Mary Tarnowka, the former U.S. Consul General to Vietnam, has joined AmCham Vietnam as its new Executive Director in Ho Chi Minh City. Mary’s experience in both the private sector and foreign service, including the past three years serving as one of the top