Average workers' monthly income reaches $336

The average monthly income of Vietnamese workers in the first quarter of 2023 was VND7.9 million ($336), the Ministry of Planning and Investment reported.

This marked an increase of nearly VND578,000 ($24.60), or 8%, compared to the same period in 2022, according to the Ministry of Planning and Investment in a report to the National Economic Committee on Friday.

Workers leave their factories in Tan Uyen Town, Binh Duong Province, southern Vietnam.

The ministry said the recovery of employment in the first three months had been positive.

The unemployment rate is about 2.25%, down 0.07 percentage points compared to the previous quarter.

The nationwide online job exchange has been piloted for the first time, supporting people who have lost their jobs or been given reduced working hours.

According to a report by the General Statistics Office (GSO), the average monthly income of men was 1.3 times higher than for women. The income level of workers in urban areas is more than 1.4 times higher than those in rural areas.

The GSO also said that income growth was uneven across economic sectors.

Last year, the National Assembly failed to meet two of its targets: the growth rate for the size of the manufacturing industry, and that for labor productivity.

The Ministry of Planning and Investment explained that production, business and investment activities faced difficulties in the fourth quarter of last year. Gasoline, raw materials and input materials prices fluctuated strongly.

In addition, exports faced challenges when demand from large traditional markets declined. Meanwhile, the internal capacity and autonomy of the economy still depend heavily on imported materials. These factors created great pressure on the growth of the processing and manufacturing industry.

In the first three months of this year, the processing and manufacturing sector declined by 2.4% in production. Some key processing industries, such as textiles, leather and footwear, electronic products and computers, reduced production by 2-8%.

According to a GSO survey, in the first quarter, about 39% of manufacturing enterprises saw reduced production orders compared to the same period last year. Orders for textiles, footwear, and wood furniture decreased by 15-20%. Seafood exports dropped more than 20%.

Labour market continues recovering in Q1

Vietnam’s labour market continued to maintain recovery momentum in the first quarter of 2023, Deputy Director General of the General Statistics Office (GSO) Nguyen Trung Tien said at a press conference in Hanoi on April 6.

 

Businesses in Bac Giang IP plan to employ over 20,000 labours in second quarter

(BGO) – Many businesses in the industrial parks (IP) in Bac Giang province employed about 4,000 labours in the first quarter and planned to employ 20,000 people more in second quarter of 2023.

 

3,600 labours in Bac Giang consulted and employed at job transaction sessions

(BGO) – 3,600 labours in Bac Giang province have been consulted and employed to work for companies in and outside the province at 16 job transaction sessions launched by provincial Job Service Center (Center) in the first quarter of this year (accounting for 21 percent of yearly plan).

 

Bac Giang pays due attention to social insurance policy, ensures benefit for labours

(BGO) – On March 15, Permanent Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Mai Son cum Head of the Steering Board for implementing social insurance and health insurance policies in the province chaired a meeting to review 2023 task, witness the signing ceremony of cooperation agreement to protect the labours’ rights in term of salary, social insurance and unemployment insurance.

 

Bac Giang creates jobs to nearly 8,300 labours

(BGO) – The Department of Labour, Invalids and Social Affairs (DoLISA) in Bac Giang province forecast that the province demands to employ about 65,000 labours in 2023, over 60,000 of whom will work at the industrial parks and clusters. In the first quarter, nearly 8,300 labours are expected to find suitable jobs in domestic company and overseas.

 

Source: VnExpress