return icon

Minimum wage for civil servants rises

VietNamNet Bridge – Civil servants, members of the armed forces and socio-political organisation stafff will enjoy an increase of 9.5 per cent to their monthly minimum wage from July 1.

VietNamNet Bridge – Civil servants, members of the armed forces and socio-political organisation stafff will enjoy an increase of 9.5 per cent to their monthly minimum wage from July 1.



According to a new government decree issued yesterday, July 1, the wage would rise by VND100,000 (US$4.76) from the previous VND1,050,000 ($50).

The decree stated the adjustment was based on the State budget's capacity, consumer price index and the country's economic growth.

This is the fifth minimum wage increase in the past five years. In 2009, it was VND650,000 ($30.9) and in 2010, it had climbed to VND730,000 ($34.7). In May 2011, it increased to VND830,000 ($39.5), while a year later it rose 26.5 per cent to VND1,050,000. The increase would put more pressure on the social insurance fund, which already suffered a severe imbalance between collection and spending, deputy minister for Labour, Invalid and Social Affairs Pham Minh Huan told Dau Tu (Investment) newspaper.

Statistics showed the fund's collection rate rose 18 per cent between 2011 and 2012, while spending increased by 28 per cent.

Huan said that currently, only 20 per cent of the labour force paid social insurance, while the ratio of people paying social insurance per pensioner had declined from 217:1 in 1996 to the current 10:1.

Source: VNS


Bamboo Airways to issue nearly one billion shares

Bamboo Airways has revealed plans to raise nearly VND10 trillion (US$424.1 million) by issuing 996.2 million shares.

SEA Games torch carried through streets of Hanoi

Brimming with symbolism, the torch was ceremoniously lit from a small lamp that had landed on Vietnam’s soil two days prior, and had been carefully guarded at the Cambodian Embassy.

British experts discover new untouched caves in Quang Binh

Five new caves where humans have never set foot were recently discovered in Lam Hoa commune of Tuyen Hoa district in the central province of Quang Binh by experts of the British Royal Cave Association.

30 Indonesians fall victim to Malaysia human trafficking ring in Vietnam

The police in Ho Chi Minh City have busted a human trafficking ring involving Malaysian nationals that allegedly deceived 30 Indonesians for property appropriation in Vietnam.

Over 103,000 TB cases detected in Vietnam last year

Vietnam detected 103,120 tuberculosis (TB) patients in 2022, up nearly 31% year-on-year, and 1.8% against that of 2020.

Vietnam commits to cross-border water development goals: Deputy PM

Vietnam pledges to further enhance cooperation with international organisations and partners to achieve sustainable cross-border water development goals, Deputy Prime Minister Tran Hong Ha has said.

Vietnam tourism promoted in Japan

A workshop on Vietnamese tourism and carriers, co-hosted by Vietnam Airlines and travel operator Thien Minh Group (TMG), took place in Tokyo on March 24, gathering 80 travel companies and airlines from both nations.

Hanoi seeks support from UNESCO in restoration of Kinh Thien Palace

Hanoi asked for continued support from the UNESCO World Heritage Centre (WHC) for a project to restore Kinh Thien Palace in the Thang Long Imperial Citadel in Hanoi, which was recognised as a UNESCO World Heritage Site in 2010.

CAAV suggests more time for piloting biometric authentication

The Civil Aviation Authority of Vietnam (CAAV) has proposed continuing pilot application of biometric authentication (facial recognition) at airports’ check-in desks.

Netflix to set up representative legal entity in Vietnam

Netflix is carrying out procedures with the Ministry of Planning and Investment to establish its representative legal entity in Vietnam.

Vietnamese Fintech unicorn among top 10 global financial platforms

Vietnam has one representative in the Global Platforms Ranking 2023, announced by TABInsights under The Asian Banker.

Newspapers should use AI wisely

AI can help journalists recognize if they are wasting resources by creating similar press products. However, journalists should only not depend on or be controlled by artificial intelligence (AI).

Pirated games flood the market as discounts are slashed on app stores

With app stores’ decisions to reduce discounts and support from payment service providers such as credit cards and e-wallets (MoMo), pirated games of international distributors, especially Chinese games, can easily enter Vietnam.

Vietnam needs to learn lessons in developing renewable energy

Dr Le Hai Hung says renewable power plants occupy much land, but environmental concerns remain controversial, and in the next 10 years, it will not be a reliable energy source for business production and people’s daily life.

High-end real estate developers advised to develop social housing

Realtors who specialize in high-end real estate projects should think of adding social housing projects to their business strategies, because the projects ensure sustainability and stability for them.