Assistance payment worker

"With no certificates, I can only apply for a blue-collar job, but most factories turned me down," the 24-year-old woman said. Factories in Vietnam demanded that she work faster than in Japan for one-fifth of the salary she got there, at around VND6 million ($256) a month. In Japan she received VND30 million a month and was able to send two-thirds of it back to her family and live comfortably with the remaining one-third. "I had enough to spare, but in Vietnam, I run out of money very quickly." Nguyet is among nearly 548,700 Vietnamese citizens who’d gone abroad to work in the last five years to earn higher incomes and help their families back home. However, many of them are returning home to great disappointment, their expectations of resuming work at home for decent pay belied in no uncertain manner. Data from the Ministry of Labor, Invalids and Social Affairs shows that in Japan and South Korea, the two major labor markets for Vietnam, Vietnamese workers can earn … [Read more...] about Overseas workers return home to underpaid jobs

A type of cashless payment (Photo: VNA) Another member of the Committee, Hoang Van Cuong, voiced that the law amendment must ensure anti-corruption. With that in mind, any transactions worth over VND100 million (US$4,275) must be done via a bank, and real estate purchases must be carried out in a cashless way. Functional agencies then only need to carefully monitor money sources of banks and compare these data with the self-declaration of subjects when necessary. He stressed that this strict regulation can also prevent money laundering and control inflation. As to real estate transactions, Pham Van Thinh from Bac Giang Province proposed that the draft law should force the input of the real value of these transactions on corresponding contracts, besides cashless payment. Vice Chairman of the National Assembly Nguyen Duc Hai admitted that it is a huge workload to review all of the content of the draft law in just one meeting. He then asked that related agencies cooperate with … [Read more...] about Vietnam to release strict regulation on cashless payment

Being gay is not a disease, Vietnam has told its doctors, as it called on medical workers to end discrimination against the LGBT community. A couple pose for a photo ahead of a bike rally in Hanoi, Vietnam, in a September 24, 2017 file photo, to promote LGBTQ rights during the annual pride festival. Campaigners told AFP on Tuesday the statement was a major step forward for LGBT rights in the Southeast Asian nation, where gay, bisexual and transgender people have long felt marginalised. In an official document released last week, the health ministry said that "homosexuality cannot be 'cured', does not need 'to be cured' and cannot be changed". It urged medical professionals to be "respectful" of gender and sexual orientation after receiving reports of doctors claiming they could treat gender minorities. "Do not consider homosexuality, bisexuality or being transgender a disease," it said. Although Vietnam is seen as relatively progressive on LGBT issues … [Read more...] about Being gay is not a disease, Vietnam tells medical workers

A worker talking to an investor at MB Securities' office. — Photo courtesy of MBS Despite poor business results in the second quarter, many securities stocks have rebounded sharply after hitting the bottom on June 20-21. Accordingly, Viet Dragon Securities JSC (VDS)'s shares gained 84.7 per cent from VND7,200 a share to VND13,300, while shares of Saigon - Hanoi Securities JSC(SHS) also increased by 65 per cent from VND8,904 to VND14,700. Shares of MB Securities JSC (MBS) jumped 61.3 per cent. Leading securities stocks like SSI Securities Corporation (SSI), Ho Chi Minh City Securities Corporation (HCM) and VNDirect Securities Corporation (VND) to small stocks such as Vietnam Industrial & Commercial Securities Corporation (VIG), Hoa Binh Securities JSC (HBS), and Agribank Securities Corporation (AGR) also surged 30-50 per cent in the last month and a half. Securities stocks have reported a good recovery as the general stock market picked up significantly from the area of … [Read more...] about Securities firms raise capital on recovery of stock prices

The whole military has built 1,769 gratitude houses, worth more than VND 141 billion, for national contributors and policy beneficiaries across the country. The Ministry of National Defense alone has donated VND 6 billion to assist the construction of 75 gratitude houses for national contributors. In addition, defense agencies and military units currently take care of 1,489 heroic Vietnamese mothers and foster 121 children of wounded and sick soldiers. They have presented 505 savings books, worth more than VND 5 million, to national contributors and policy beneficiaries. Apart from that, units in the whole military have bought medical equipment and facilities for convalescent centers for national contributors and provided military uniforms for wounded soldiers who are being treated at centers. Furthermore, in response to the movement of building gratitude fund in 2022, defense agencies and units have mobilized different sources to donate an estimated amount of VND 92 billion. … [Read more...] about Military units well carry out gratitude work

Hanoi – The northern mountainous province of Yen Bai has received and implemented 21 programmes and projects funded by the World Bank (WB) with total investment of 4.67 trillion VND (199.65 million USD) since 2000, according to a local official. Chairman of the Yen Bai province People’s Committee Tran Huy Tuan and WB Country Director for Vietnam Carolyn Turk. (Photo: VNA) Chairman of the provincial People’s Committee Tran Huy Tuan told WB Country Director for Vietnam Carolyn Turk on August 9 that 18 out of the 21 projects have been put into use, while three are underway. These projects have significantly contributed to local development in essential sectors like poverty reduction, construction, healthcare, rural transport and urban infrastructure, he stressed. Turk was in Yen Bai province to discuss the implementation of the dynamic cities integrated development project, which includes Yen Bai city, with total investment amounting to 63.27 million USD, of which 39.46 … [Read more...] about Yen Bai deploys 21 World Bank-funded projects