wage

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Collective wage talks key to aiding growth

Proposals are being looked at to change the timeframe of when wage rises are implemented on an annual basis.

Pay rises hinging on recovery policy

If adopted, an increase in the region-based minimum wage for non-state employees next year will further pressurise local businesses, almost all of which are making efforts to deal with the aftermath of the global health crisis.

Rising wages to support consumer demand In Vietnam: Fitch Solution

Fitch Solution's outlook for consumer spending in Vietnam is positive in 2020 with improved labour market dynamics, being spurred by an influx  of companies from  China. 

German wage talks to include new focus: reduced working hours

 The trade union powerhouse that won the 35-hour work week for Germans more than two decades ago is mobilizing for a new campaign to reduce working hours at annual wage negotiations about to kick off nationwide.

HCM City wage hike aims to attract more scientists

 VietNamNet Bridge – HCM City plans to attract more scientists with a new policy raising scientists' State-paid wages to VND150 million (US$7,140) per month.

Ministry publicizes wages of leaders of state-owned corporations

 VietNamNet Bridge - For the first time, the Ministry of Trade and Industry made public the salary of 120 high-ranking officials at 11 state-owned corporations in 2013.

BUSINESS IN BRIEF 10/4

 Soft loans help boost agricultural productivity; Many Spanish firms come knocking; Seafood industry spends low on after-harvest technology; Producers object to special tax for carbonated drinks

Workers “beat” their bosses for wage debt

VietNamNet Bridge – The New Year is coming but many workers are still not paid. Hiring gangsters to acquire wage debts, threatening to sue or even beating employers are tragicomedies about workers’ claim of wage these days.

The highest Tet bonus fixed at VND650 million

According to reports of enterprises, the lunar New Year (Tet) bonus this year increases from last year. In particular, the highest Tet bonus belongs to a company in the southern province of Dong Nai, with VND650 million ($32,000).

Where workers fear New Year holiday

HCM City has over 250,000 workers in the industrial and export-processing zones. Up to 70%  of them come from other provinces. Everyone wants the family reunion during the lunar New Year, but many workers "don't dare" to return home...