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Update news income
With average monthly income of VND5.5 million (US$261), nearly half of workers in Vietnam felt that their income was enough to cover basic living expenses, according to a recent wage survey.
VietNamNet Bridge – Lawmakers yesterday weighed in on the draft amendment to the corruption law, debating whether to apply a 45 per cent tax on extra personal income that public servants fail to declare.
VietNamNet Bridge - HCM City people said that they would look for every opportunity, even take risks to invest to earn profits while Hanoi people put up to 80% of the earnings into the safebox.
VietNamNet Bridge – The average monthly income of a Vietnamese worker was ND4.6 million in the second quarter of the year, a figure that the Ministry of Labor, War Invalids and Social Affairs in its report called “fabulous”.
VietNamNet Bridge – A paradox exists that the bosses of small banks are very rich, while the big bankers complain that their salaries are too modest.
More and more Vietnamese have got keen on luxurious goods and willing to pay money on branded products, even though they are much more expensive than the average income.
VietNamNet Brige – The rapid increase of the Vietnamese income and the strong rise of the middle class explains why most of the big guys in the world want to sell their goods to Vietnam.
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.
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VietNamNet Bridge – Ten years after receiving the first job websites, Vietnam has witnessed the boom of job websites in recent years together with the Internet boom.
It is incomprehensible for many foreigners when LV bags or Salvatore Ferragamo shoes priced at nearly $2,000 are sold well in Vietnam. But Vietnamese are familiar with this cryptic thing.
The price for a bowl of "pho" at present remains the same with that in 2011. This is a rare thing because for many years, the growth rate of the essential food was relatively stable. However, it was the stability of the price growth, not the price.
Travel firms complain that their business have never been so bad. Not only facing the sharp fall in the number of travelers, they have also struggle to escape the tricks played by rivals.
The teachers of some schools in HCM City receive VND6-20 million as Tet bonus. Meanwhile, the concept of “Tet bonus” remains unfamiliar to the teachers in the highland.
The number of Vietnamese millionaires has been increasing rapidly, while the rich businessmen tend to be younger in recent years.
Vietnamese scientists have been criticized heavily for their modest scientific research achievements. However, it is really unfair to condemn them.
In the next 10 years, urban areas would remain the potential destinations for foreign luxurious products, especially cars and beauty products.
VietNamNet Bridge – In previous years, fixed line services brought high revenue to the national telecom group VNPT. But nowadays, it incurs the loss of trillions of dong from the services.
VietNamNet Bridge – Despite the economic downturn and the decrease in incomes, Vietnamese still hunt for luxurious and expensive things to give to their “big bosses” as the thanks for job opportunities.