Despite formidable challenges, most of the Vietnamese workers said that they are able to cover basic living expenses with average monthly income of 5.53 million VND (237.79 USD), according to a survey released on July 12 by the Vietnam General Confederation of Labour (VGCL).
Most of the Vietnamese workers said that they are able to cover basic living expenses. (Photo: VNA)
Hanoi (VNA) – Despite formidable challenges, most of the Vietnameseworkers said that they are able to cover basic living expenses with averagemonthly income of 5.53 million VND (237.79 USD), according to a survey releasedon July 12 by the Vietnam General Confederation of Labour (VGCL).
The survey was conducted by the VGCL’s Institute of Workers and Trade Union in25 cities and provinces with high concentration of workers, as well as inconstruction and railway sectors. More than 3,000 open questions were deliveredto workers in 150 enterprises, said Director of the institute Vu Quang Tho.
It is revealed that 43.7 percent of the workers said their income was justenough to pay off their living costs, down 7.6 percent compared to 2017.
However, the number of spendthrifts rose 5.8 percent as 26.5 percent have to bethrifty on their spending. Up to 12.5 percent said that they need to work extrahours to cover living expenditures, increasing 0.5 percent compared to previousyear.
Only 17.4 percent of the interviewees have savings, a slight increase of 1.3percent.
Some 32.1 percent of the respondents claimed that their families earn enoughmoney to deposit on average 1.5 million VND (64.5 USD) in saving accounts,which are set aside in case of illness, accidents, unemployment, holidayspending, and children’s education.
The survey found that money is still a main challenge for workers, with 25.7percent not happy with their current salary and lack of opportunities to earnextra income.
Also, workers expressed their dissatisfaction over payment in excessive hours,salary not being commensurate with the labour, lack of transparency in wagepolicies, and failure to carry out higher pay.
No resettlement of the issues made the workers go on strikes. The confederationsaid that in the first half of 2018, there were 131 strikes, with 103 recordedin foreign direct investment (FDI) companies.-VNA
Commercial banks are expecting the revenue from fees and retail banking services to become their main income sources this year, as a result of rising market demands.
People with low-incomes are now confronting a crisis as the preferential loan package of 30 trillion VND for affordable home purchases ended in 2016, with no workable alternative currently on offer.
The 12th-tenure of the Central Committee of the Communist Party of Vietnam (CPV) discussed salary reform for officials, public servants, the armed forces and workers in the afternoon of May 9, the third day of its seventh plenary meeting.
Economic growth and job creation must be taken into consideration when it comes to adjusting retirement age, Deputy Prime Minister Vuong Dinh Hue told lawmakers during a question-and-answer session on June 6 as part of the 14th National Assembly’s ongoing fifth session in Hanoi.
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.
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Most of the Vietnamese workers said that they are able to cover basic living expenses.
