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Workers’ average monthly income grows 5.3% in H1

Workers’ average monthly income stood at 6.5 million VND (278 USD) in the first half of this year, respectively rising 5.3% and 11% from the same period of 2021 and 2020, statistics showed.

In particular, workers in the processing - manufacturing industry had average income of 7.3 million VND, rising by some 476,000 VND year on year, while salary earners saw an increase of 417,000 VND in their monthly income to 7.4 million VND, Pham Hoai Nam, Director of the Population and Labour Statistics Department under the General Statistics Office, told a press meeting in Hanoi on July 6.

Workers’ income,  average monthly income, grows 5.3%, H1, processing - manufacturing industry, economic sectors, workers’ life

Workers’ average monthly income grows 5.3% in H1.

In the second quarter, all the 21 economic sectors recorded year-on-year hikes in workers’ average income, including mining (9.7 million VND, up 17.1%) and processing - manufacturing (7.4 million VND, up 12.4%).

He said during 2019 - 2021, workers’ income in Q2 often declined from the previous quarter since additional earnings coming from year-end extra work and Lunar New Year bonuses are usually paid in Q1.

However, the situation was different this year, when the Q2 average income did not decrease but went up both quarter on quarter and year on year.

It rose by 8.9 percent (about 542,000 VND) from the same period of 2021 - when the Covid-19 situation was getting complicated in many localities, and by 19.7 percent (nearly 1.1 million VND) from Q2 of 2020.

This is a sign indicating that the Vietnamese economy is growing positively and strongly, Nam noted, adding that workers’ life is gradually returning to the pre-pandemic levels.

212 billion VND loan for salary in production recovery and severance
(BGO) – Implementing Government’s Resolution No.68 on July 1, 2021 and PM’s Decision No.23 on July 7, 2021 about implementation of policies to support employers and employees affected by Covid-19 pandemic, so far the Bac Giang branch of Social Policy Bank has disbursed nearly 212 billion VND (9.3 million USD) as the loan for 64 businesses.
 
Nearly 93 billion VND disbursed to pay for salary in suspension period and production recovery
(BGO) – Following Government’s Resolution No.68 on July 1, 2021 and PM’s Decision No.23 on July 7, 2021 about implementation of policies to support employer and employee in difficulties due to Covid-19 pandemic, the Bac Giang provincial branch of Social Policy Bank has to date disbursed nearly 93 billion VND (4 million USD) to 54 companies under bank loan.
 
19 billion VND disbursed for workers’ salary to support production recovery
(BGO) – Bac Giang branch of the Social Policy Bank (SPB) on July 27 held a ceremony to ink the loan credit contract to pay for labours’ salary during business suspension time and production recovery in line with the Government’s Resolution No.68/NQ-CP on July 1, 2021 and PM’s Decision No.23/2021/QD-TTg on July 7, 2021 that regulated about the implementation of several policies to assist employers and employees affected by Covid-19 pandemic.
 
Drastic measures in site work conducted in Bac Giang province to create land source attracting new investment wage
(BGO) – The Chairman of Bac Giang provincial People’s Committee Duong Van Thai on May 28 chaired May regular meeting with chairmen of the People’s Committee in the districts and city, directors of the departments and organizations about the socio-economic growth, site clearance and compensation for key projects...
 
Minimum wage proposed to remain unchanged in 2021
The National Wage Council has advised the Government to keep the minimum wage unchanged until the end of 2021 instead of raising it as planned.
 

Source: NDO/VNA

Workers’ income, average monthly income, grows 5.3%, H1, processing - manufacturing industry, economic sectors, workers’ life
 
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