Firms get advice on inflation response

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The Australian Chamber of Commerce in Vietnam in Hanoi will co-host a business briefing next week on ways for companies to respond to high inflation in Vietnam.

Inflation in Vietnam was estimated at 19.83 percent late last month, raising employees' concerns about the escalated cost of living as well as expectations that companies would increase their salaries.

But multinational corporations can only give 13.3 percent salary increases on average.

The British Business Group Vietnam briefing will provide data for businesses to study and apply in this economic situation.

Vietnamese-Canadian speaker Hoa Nguyen has 20 years of experience in human resource consulting and compensation surveys. She has a good understanding of the Vietnamese labor market and strong relationships with HR leaders within the field.

The briefing will be held between 6 p.m. and 8 p.m. on Wednesday, December 7 at Ly Club, 4 Le Phung Hieu St., Hanoi.

Tickets cost VND250,000 (US$12) for members and co-hosts, and VND350,000 for non-members.

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