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Regional monthly minimum wage to rise in January 2019
Regional monthly minimum wage applied to labourers working under contracts in Vietnam will range from 2.92 million VND (125 USD) to 4.18 million VND (180 USD), depending on each region, as from January 2019. The Government has issued Decree 157/2018/ND-CP regulating the regional monthly minimum wage for those working in businesses. As of January 1
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Groundbreaking ceremony of ViMariel Economic Zone in Mariel Special Development Zone (ZEDM) – Cuba: Viglacera implements multinational business development strategy
On 28th November 2018, Viglacera Corporation – JSC organized the groundbreaking ceremony of ViMariel Economic Zone in Mariel Special Development Zone (ZEDM), Cuba. This is the first economic zone that Viglacera invested overseas. This event marked the determination to implement the Viglacera’s multinational business development strategy to expand the market outside the territory of Vietnam.
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South Korean enterprises to continue investing in Phu Ha Industrial Park
ActRo Vina Co., Ltd, a 100% foreign- invested enterprise from South Korea, decided to choose Phu Ha Industrial Park (Phu Tho province) which is owned by Viglacera, as its stop to build factories and expand production. On October 23, 2018, Viglacera Land, a real estate trading company under Viglacera Group, conducted the Signing Ceremony of
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Dong Mai Industrial Park (Quang Ninh) attracts investors
On 1 September, 2018, the Ha Long – Hai Phong Expressway officially opened to traffic. As a result, Quang Ninh Province and Dong Mai Industrial Park (Quang Ninh) promise to become the potential destination for investors in the northern market. The Ha Long – Hai Phong Expressway plays an important role to promote regional connectivity
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ECONOMIC COOPERATION VIETNAM – CUBA: MANY INVESTMENT FROM VIGLACERA
On March 29, the Cuban Government issued a license to invest in the Mariel Development Zone for ViMariel SA – the first fully foreign-invested enterprise in Cuba invested by Viglacera. The two governments expected that this will strongly improve to the economic development of the Caribbean island. On behalf of the Cuban Government, Mrs. Ana
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