Vietnamese labourers’ average income up 6.9% in 2023
The monthly average income of Vietnamese labourers in 2023 reached 7.1 million VND (over 291 USD) per person, up 6.9% compared to 2022, according to the General Statistics Office (GSO).
The monthly average income of Vietnamese labourers in 2023 reaches 7.1 million VND.- Illustrative image (Photo: VNA)
Hanoi (VNA) - The monthly average income of Vietnamese labourers in 2023 reached7.1 million VND (over 291 USD) per person, up 6.9% compared to 2022, accordingto the General Statistics Office (GSO).
Meanwhile, the average income of male and female workers stoodat 8.1 million VND and 6 million VND, respectively.
In the fourth quarter of 2023, the living standard of workerswas improved as the average income rose by 180,000 VND per month compared tothe previous quarter to 7.3 million VND, or 2.5% quarter-on-quarter, nearly doubling the rate recordedin the fourth quarter of 2022 – the time just after the end of the COVID-19 pandemic.
The improvement in income for labourers was attributed toenterprises ramping up production and business activities driven by anincreasing number of orders.
Increase in average income in the last quarter of 2023 was seen across regions nationwide, with the Red River Delta region experiencing the highest growth of 3.5% quarter-on-quarter and 8.2% year-on-year. Meanwhile, the Southeast region recorded the lowestgrowth, approximately at 2.3%.
Although income growth in the Southeast region is slowercompared to other areas, it no longer leads in terms of unemployment rateamong the working-age population. Notably, the unemployment rate in Ho Chi Minh City has decreasedto 2.91% as many businesses have more orders and expand production, leading to an increasing demandfor recruiting workers.
The office reported that localities nationwide have strengthenedjob transaction connections, contributing to increasing the number of employed labourersto 51.3 million people in the fourth quarter of 2023, up 130,000 compared tothe previous quarter.
The number of labourers losing their jobs in the perioddecreased by nearly 33,000 to 85,000, it said./.
The International Monetary Fund (IMF) hopes it would support Vietnam to become a country with higher average income and even high income in the next decade, said Changyong Rhee, Director of the IMF’s Asia and Pacific Department.
Vietnam saw a year-on-year fall in the number of workers joining the labour market in the first quarter but increases in average income, according to Pham Hoai Nam, Director of the Population and Labour Statistics Department at the General Statistics Office (GSO).
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