Salary

Hanoi (VNA) - Civil servants, public employees and members of the armed forces will be likely to enjoy a new basic salary from July 1, 2020. Under a draft decree on new basic salary proposed by the Ministry of Home Affairs, their monthly basic salary will increase from 1.49 million VND (64.5 USD) to 1.6 million VND (69.2 USD). The 110,000 VND (4.7 USD) increase is equivalent to a rise of 7.38 percent compared to the current level, marking the highest hike in the past eight years. All public officials and employees working at State agencies from commune-level to the central level, civil servants working at public socio-political organisations, and the armed forces will be eligible for the raise. The ministry said the current basic salary has reached 42.39 percent of average regional minimum wage in 2019 – which was more than 3.5 million VND (152 USD) per month – and 40.16 percent of this year’s average regional amount – which is more than 3.7 million VND (160 … [Read more...] about Ministry proposes basic salary hike for civil servants

Shortages came as training fails to fulfill business demand as technology development occurs faster than changes in school programs, the study revealed. IT students also lack soft skills and English fluency, it was added. … [Read more...] about IT bonuses hit 6-month salary level

The ministry said the current basic salary has reached 42.39 per cent of average regional minimum wage in 2019 – which was more than VNĐ3.5 million ($152) per month – and 40.16 per cent of this year’s average regional amount – which is more than VNĐ3.7 million ($160) per month. … [Read more...] about Draft decree to boost public employees’ wages

The logistics, retail and education sectors are expected to pay the lowest bonuses of 13.8 percent, 14.8 percent and 15.4 percent respectively, showed the survey which polled 605 multinational corporations and local conglomerates in 16 industries, including technology, consumer goods, chemicals, and life sciences. … [Read more...] about Non-banking financial sector to pay highest bonuses in 2019: survey

Hanoi (VNA) – Japan has continued to be the largest market for Vietnamese labourers so far, and it is expected to offer many more job opportunities with high income in the remaining months of the year. In the first nine months of 2019, Vietnam sent 104,615 labourers abroad, including 35,815 women, equivalent to 87.2 percent of the year’s target of 120,000, according to the latest report of the Department of Overseas Labour under the Ministry of Labour, Invalids and Social Affairs (MoLISA). During the reviewed period, Japan was the biggest recipient with 53,610 Vietnamese labourers, including 20,250 women. It was followed by Taiwan (China) 41,174, the Republic of Korea 5,898, Romania 1,103, Saudi Arabia 817, Macau (China) 324, and Malaysia 304. In September alone, 12,950 people went to work abroad, equivalent to 80 percent of the figure in the same period last year. Nguyen Gia Liem, Deputy Director of the Department of Overseas Labour, said Taiwan (China) and Japan are … [Read more...] about Over 104,000 workers sent abroad in nine months