- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: [email protected]
Update news salary
The Government requires enterprises to give sufficient salaries and year-end bonuses to workers, and have policies to encourage workers to return to work after the Tet (Lunar New Year) holiday.
A move to increase the base salary for civil servants is necessary to raise the standard of living conditions for Vietnamese people.
The Government proposes that the NA will not implement salary reform under Resolution No.27-NQ/TW in 2023, but from July 1, 2023, the base salary for officials, civil servants, and public officials will be raised to the level of VND1.8 million/month.
Despite the Covid-19 pandemic, the total remuneration for chairmen of many local banks in the first half of 2021 was over VND200 million (over $9,000) per month, higher than the same period of last year.
The body that represents workers' rights in Vietnam is calling on the Government to increase minimum wage as the country's economy begins to show positive signs of recovery.
Average income of Vietnamese workers surged by 35% in 2016-2020 period, according to the Viet Nam General Confederation of Labor (VGCL).
Associate Professor Dinh Trong Thinh, a senior lecture of the Academy of Finance speaks about the Government’s proposal to not increase the monthly basic salary for civil servants and public employees next year.
Salaries increased by 6.5% this year at multinational companies (MNCs) and 5.2% at Vietnamese companies, and are forecast to increase by 7 per cent and 7.7% next year, according to the Talentnet – Mercer Total Remuneration Survey.
The National Wage Council has advised the Government to keep the minimum wage unchanged until the end of 2021 instead of raising it as planned.
According to audited financial reports 2018 from 20 Vietnamese banks, the average monthly income of banking employees in 2018 were VND12.37 million-34 million (USD521.73-1,478).
The monthly salary offered to chairs and CEO of state-owned enterprises (SOEs) has been described as ‘too low’ compared with the managers of private enterprises. However, many workers still compete for the posts.
VietNamNet Bridge - Reports show that the Vietnamese brain drain is affecting employers and businesses.
VietNamNet Bridge – Many enterprises in the information technology sector plan wage hikes to retain their employees, particularly talents,
As workers struggle to make ends meet, Deputy Minister of Labour, Invalids and Social Affairs Pham Minh Huan talks to Thoi bao Ngan Hang (Banking Times) about how employers keep salaries low.
VietNamNet Bridge - For the first time, the Ministry of Trade and Industry made public the salary of 120 high-ranking officials at 11 state-owned corporations in 2013.
The Health Ministry has warned of unpredictable development of diseases and epidemics during the hot summer and urged prompt preventive measures.
VietNamNet Bridge – Though Vietnamese businesses are experiencing the toughest days in their histories due to the economic downturn, their CEOs still “live well” with surprisingly high incomes.
VietNamNet Bridge – At present, the salary of domestic helpers is about VND3 million ($150) per month, while newly graduated bachelors receive only about VND2 million ($100).
VietNamNet Bridge – The managers of the state owned air carriers, power, petroleum and food corporations still can receive VND1 billion a year despite the bad business performance.
Those who work for big banks like Military Bank or Vietinbank, can get toweringly high pay, but they have to work very hard. Meanwhile, those, who work for smaller banks, still can earn VND8 million a month at least, despite the low productivity.