Today: 20/10/2019 10:01:38 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Vietnam labor federation wants minimum wage raised 8 pct

Vietnam General Confederation of Labor proposed an 8.18 percent increase in minimum wages while VCCI, which represents employers, suggested 2 percent.

Vietnam General Confederation of Labor proposed an 8.18 percent increase in minimum wages while VCCI, which represents employers, suggested 2 percent.

At a meeting held by the National Wage Council, the confederation (VGCL), a national union representing Vietnamese workers, proposed two options for 2020.

Vietnam labor federation, minimum wage, VCCI, Vietnamese workers, socio-economic conditions, labour productivity

Workers arrange steel structure in Hanoi, Vietnam.

One was to increase minimum wages by an average of 8.18 percent, in the range of VND180,000-380,000 ($7.7 - 16.3) a month, varying by region. The second option would be an average increase of 7.06 percent, or between VND160,000-330,000 ($6.9- $14).

The option chosen would depend on actual socio-economic conditions. These proposals are based on forecasts that GDP will rise by 7 percent, consumer price index (CPI) by 4 percent, and labour productivity by 5 percent, according to the VGCL.

Le Dinh Quang, deputy head of the VGCL’s Labor Relations Department, said workers’ lives would be very difficult if the proposed increase was not made.

In stark contrast, the Vietnam Chamber of Commerce and Industry (VCCI), which represents employers in the country, suggested an increase of 2 percent.

It said that generally, businesses have paid above regional minimum wages in 2019, adding that 72 percent of businesses were paying at least 6 percent above the minimum wage.

The National Wage Council will hold one or two more meetings to debate the issue and come up with a final proposal on adjustments for 2020. This proposal is expected to be finalized and submitted to the government by July.

Currently, Vietnam’s minimum monthly wage is divided into four levels, depending on region - VND4.18 million ($179) for region 1, VND3.71 million ($159) for region 2, VND3.25 million ($139) for region 3, and VND2.92 million ($125) for region 4.

The four different minimum wage regions reflect the cost of living in each area. Region 1, including Hanoi and Ho Chi Minh City, has the highest minimum wage, while region 4, rural areas, has the lowest.

Deputy PM Vu Duc Dam pays visit to Bac Giang’s enterprises and laborers after Tet holiday
(BGO) – On February 11, the Member of the Central Party Committee, Deputy Prime Minister Vu Duc Dam paid a visit to encourage the enteprises and laborers in the northern province of Bac Giang after 9-day Lunar New Year holiday. He was accompanied by Chairman of the provincial People’s Committee (PPC) Nguyen Van Linh; Vice PPC Chairman Le Anh Duong and Vice President of Vietnam General Confederation of Labor Ngo Duy Hieu.  
 
Laborers in industrial zones and clusters resume stable work after Tet
(BGO) - Almost all workers at the industrial parks and clusters in the northern province of Bac Giang returned to work on the first day after the week- long Tet holiday. The stable human resources with a high sense of discipline facilitate implementation of the production and business plans of the enterprises in the new year. 
 
56.7 billion VND spent on Tet bonus to laborers
(BGO) – Ahead of the Lunar New Year festival (Year of the Pig), leaders of Taiwanese invested New Wing Interconnect Technology Company Limited (in Van Trung Industrial Park, Viet Yen district, Bac Giang province) mobilized 56.7 billion VND (over 2.4 million USD) to provide Tet bonus to nearly 12,600 laborers. 
 
All laborers and unionists cared on Tet occasion
(BGO) – Implementing the recently issued plan, the Labor Confederation in Bac Giang province instructed trade unions of all levels to launch several activities to ensure 100 percents of the trade union members, workers, officers and laborers cared on Lunar New Year 2019. 
 
More than 30,000 new jobs created to Bac Giang laborers
(BGO) - According to the provincial Department of Labour, Invalids and Social Affairs (DOLISA), more than 30,000 laborers have been recruited in the northern province of Bac Giang, up 3.4 percent against the target of 2018. 
 

Source: VnExpress

Vietnam labor federation, minimum wage, VCCI, Vietnamese workers, socio-economic conditions, labour productivity
 
New comment has just been added. Click here
Sort:NewBest News