income

Update news income

Most workers said income sufficient to cover living expenses: survey

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.

NA talks undeclared income

 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.

Hanoians save while Saigonese prefer investing

 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.

How much do Vietnamese workers really earn?

 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”.  

Big banks’ CEOs poorer than small banks’ CEOs

 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.

Vietnamese crazy about expensive branded goods

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.

Vietnam gets richer as middle class rises strongly

 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.

Despite difficulties, bank workers still have highest incomes

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.

BUSINESS IN BRIEF 3/8

 ACB gets ready to sell debt; New cyber service to provide online gold trading; Power price rises on back of coal, gas hike; Seven month retail figures post 4.9 percent increase

BUSINESS IN BRIEF 23/6

 Inter-bank interest rates stay low; Customs formality highly lamentable; HPT, Microsoft clinch strategic deal; Falling demand forces Vinacomin to ease coal production

High-class personnel market heats up

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.

Tears of the middle class and the LV bag

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.

Six years with WTO and the dream of three bowls of pho

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 don’t cooperate to overcome difficulties, but try to sink others

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.

Tet bonus: the stories of the teachers in the lowland and highland

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 Vietnamese young ladies with colossal fortunes

The number of Vietnamese millionaires has been increasing rapidly, while the rich businessmen tend to be younger in recent years.

Experts say stop criticizing Vietnamese scientists

Vietnamese scientists have been criticized heavily for their modest scientific research achievements. However, it is really unfair to condemn them.

Foreigners dazzled about Vietnamese fast set

In the next 10 years, urban areas would remain the potential destinations for foreign luxurious products, especially cars and beauty products.

Telcos weep, because revenue from fixed line services down dramatically

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.

What do the big bosses receive for Tet gift in the Year of Snake?

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.