- Gov’t needs to estimate socioeconomic impacts from retirement age increase
- Retirement pension payment via post offices – Safe and convenient
- Building a monument and temple of Uncle Ho with retirement pension
- CPI goes up 4.96 percent year-on-year in first quarter
- CPI in February increases 1.96 percent
Monthly retirement pension and social insurance allowance have increased by 9.6 percent since July 1, according to a recently approved decree of the Vietnamese Government.
According to Decree 73/2013/ND-CP issued on July 15, the increase also applies to monthly allowances paid to officials working at commune, ward and town agencies and members of the People’s Army and People’s Police forces.
In addition, social welfare benefits for those who are no longer capable of working as well as monthly allowance for rubber plantation workers will be raised by the same level.
Hanoians were more economical this year during the month before the Lunar New Year festival, resulting in a slower increase in the capital's consumer price index (CPI). The Hanoi Statistics Office reports that the city's CPI in January increased only 0.96 percent over the previous month and 16.24 percent against the same period last year - the lowest CPI increase in recent years. According to the report, post and telecommunications and education saw no CPI increase. The CPI for food rose 0.44 percent and foodstuffs over 1.5 percent. Statisticians say that retail sales in January increased by nearly 4 percent…... [read more]
PM wants retirement age increase clarified Thuy Dung HANOI - The Prime Minister asks leaders of the Ministry of Labor, Invalids and Social Affairs to clarify eight hot issues, including the planned retirement age hike and child sexual abuse. This is one of the contents at a meeting of the working group of the Prime Minister chaired by Minister-Chairman of the Government Office Mai Tien Dung, with the purpose of checking the performance of the labor ministry. The labor ministry has not yet done three tasks assigned by the Government and the Prime Minister. Since these three tasks require the…... [read more]
The September consumer price index (CPI) in Hanoi has ended up by 0.96 percent month on month with educational products topping the list at 7.17 percent, reported the Hanoi Statistics Office. This is because of an increase in tuition fees at private schools, vocational colleges and universities during the 2010-2011 school year. However, post and telecommunication services remained stable, but most other groups of products witnessed a slight increase of 1 percent in price. Experts from the Hanoi Statistics Office have forecast a CPI growth of 8.63 percent for the whole year. Gold prices rose by 3.57 percent while the…... [read more]
The September consumer price index (CPI) in Hanoi surged 0.96 percent month on month with educational products taking the lead at 7.17 percent, reported the Hanoi Statistics Office. Experts attributed the phenomena to the inauguration of the 2010-11 school year, which was marked with an increase of tuition fees by private schools and vocational colleges and universities. Except post and telecommunication services with stable prices, all the other groups of products witnessed slight increases in prices, fluctuating around 1 percent. Experts from the Hanoi Statistics Office forecast CPI growth at 8.63 percent for the whole year. Gold prices made a…... [read more]
Retirement age increase gets mixed reactions Truc Diem HANOI – Mixed reactions have surfaced over a plan to increase retirement age, a National Assembly (NA) official told a conference on labor relations held on Monday in Hanoi. Bui Sy Loi, deputy head of the NA’s Social Affairs Committee, said there have been opinions supporting the scheme but others opposing it. Proponents said retirement age should be increased to balance the country’s social insurance fund, he told the conference. They argue that people pay little social insurance while at work but earn big later as they usually live long after retirement,…... [read more]
Vietnam 's consumer price index (CPI) in January rose 1 percent against last month, representing a year-on-year increase of 17.27 percent. According to economic experts, the CPI slight rise reflected the fact that a majority of people tightened their belts due to economic difficulties. Among 11 commodity groups, only post and telecom services continued reducing by 0.01 percent. The biggest price hike in the month was seen in garments and footwear (1.97 percent) due to increasing demands to cope with bitter cold in northern provinces and for the traditional New Year festival. Price hikes were also seen in the group…... [read more]
Vietnam's economy grew an estimated 4.96 percent in the first quarter from a year ago, the fastest quarterly pace since 2011, and above a 4.76 percent rise in the same period last year, a local newspaper reported on Tuesday. The annual growth in the January-March period compared with a 4.75 percent rate in the first quarter of 2012 and 5.9 percent in the same period in 2011, the Vietnam Economic Times newspaper cited government statistics as saying. Vietnam's gross domestic product growth this year is forecast to accelerate to an annual 5.8 percent, from 5.42 percent in 2013. Reuters... [read more]
In the coming time, the Ministry of Labor, War Invalids and Social Affairs (MOLISA) should focus on settling issues over human resources training, employment, and social evils, said Deputy Minister Pham Gia Khiem at the MOLISA's conference on implementing the tasks of 2006 and setting targets for period 2006-2010. The ministry plans to create more jobs for 1.6 million people in 2006, of whom 75,000 are laborers working overseas, especially to the new markets of the US, Italy and Australia. The unemployment rate of urban areas will decrease to lower than 5.3 percent while 1.28 million students will be enrolled…... [read more]
Despite complicated developments in the first months of 2014, the southern province of Dong Nai attracted nearly 825.9 million USD in foreign direct investment (FDI) as of June 15, reaching 96 percent of its yearly target. Of the sum, about 343.9 million USD came from 37 new projects and the remaining was added to 32 existing projects, said the provincial Department of Planning and Investment. Notably, 560 million USD of FDI was disbursed during the period, up 12 percent from a year earlier and accounting for 56 percent of the annual target. By June 15, there were 1,433 licensed foreign…... [read more]
Vietnam has set a target of sending 96 percent of toddlers to preschools full-day by 2020 as per the Ministry of Education and Training’s draft of preschool growth for the period 2016-2020.... [read more]