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/ March 5, 2021

MoLISA wants to keep region-based minimum wage unchanged

The Hanoitimes - A no-rise in minimum wage would create conditions for enterprises to recover and workers keeping their jobs, stated the labor ministry. The Ministry of Labor, War Invalids and Social Affairs (MoLISA) has rejected two proposals from the Vietnam General Confederation of Labor for a rise in the region-based minimum wage in 2021. The information was unveiled in a MoLISA’s document seeking opinions from government agencies and business associations. A report would later be submitted to the government before March 10 related to the issue. Workers at Garment 10 Company. Photo: Thanh Hai In addition to keeping the region-based minimum wage unchanged for this year, the MoLISA said the timing for effective wage rise should not be moved from January 1 to July 1, citing international practices that the period for wage adjustment needs to coincide with the start of a fiscal year (starting from January 1 to December 31 in case of Vietnam) for enterprises to set up their business plan. “This is also the time for workers to negotiate wage policies with their employers, so moving the date to July 1 would be inconvenient for all parties involved,” stated the MoLISA. The National Salary Council previously said it would not consider a rise in the region-based minimum wage in 2021 as a result of the Covid-19 pandemic. Vietnam's region-based minimum wage. According to the MoLISA, a wage rise at a time of severe Covid-19 impacts would affect workers’ job security, not yet mentioning the majority of enterprises are still struggling to keep business running. With nearly 101,700 enterprises temporarily suspending operations in 2020, or nearly 8,500 enterprises leaving the market every month, an increase of nearly 14% year-on-year, “it would take a longer period for business and production activities to return to their pre-Covid-19 level,” stated the ministry. Meanwhile, the unemployment rate also surged to a …

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/ July 4, 2019

Vietnam prepares workforce to accommodate influx of companies amid US-Sino trade war

The Hanoitimes - Vietnam rushes to prepare manpower in a goal of training 2 million people at vocational schools. The US plan to place tariffs on additional US$300 billion worth of Chinese goods has sparked the relocation of multinational companies from China to Vietnam, and such relocation plans raise the question of what Vietnam acts to accommodate influx of companies in the unpredicted trade conflicts between the world’s largest economies. Textile workers. Illustrative photo The Vietnamese government has a goal of training 2 million people in vocational schools to meet the growing demand for technical skills among multinational companies, according to CNBC. More than 90% of students trained in technical skills, such as welding or making electronics, can get hired, Professor Nguyen Quang Huy told CNBC, adding that it’s very easy to get a job, and a lot of companies need more people. The country’s middle class is growing to reach around 44 million by 2020, and the figure will be more than doubled by 2030. In addition, more than a million people are added to the workforce annually, giving the country a “golden population structure”, according to Singapore-based private holding company Kusto Group. Engineers. Illustrative photo Meanwhile, beneficial firms in Vietnam, mostly apparel and shoe makers, are starting to grow to meet higher requirements. Textile firm TNG Investment & Trading told CNBC that it’s never seen an expansion like this before. Last year, the firm hired 3,000 employees, bringing its total to 15,000. The expansion has required TNG to build an apartment complex to accommodate the additional employees. The company needs to build a home for the people than actually building a factory to retain high-skilled workers for long strategies, according to TNG’s Linh Nguyen. The aforementioned moves are part of preparations for the upcoming demand. In fact, multinational companies are …

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/ March 5, 2021

Widow desperate to save her son after losing husband to heart disease

A widow from Tay ethnic group in Thai Nguyen Province is calling for financial support to save her son from heart disease. Hoang Thi Binh calls for help for her son Hoang Thi Binh is a resident in Thanh Long Village, Phuc Luong Commune. Binh was worried after finding out that her son had a fever after she returned home. "He has a fever again. I'll give him medicine for fever then I'll give him herbal medicine. I'm too poor to take him to the hospital," she said. Binh said her husband had heart disease but because of poverty, he never went to large hospitals. Before the family had enough money, he died in 2013. A few days later, their house collapsed so Binh took her two children to live with her parents-in-law. Unfortunately, her eldest son, Hoang Anh Hai, was also diagnosed with heart disease. In April 2018, Binh's son situation suddenly worsened, causing him to faint several times. Her father-in-law had a stroke and half of his body was paralysed. "The doctors said I should bring Hai to hospitals in Hanoi. But after my husband died, I struggle to even put meals on our table. Now my father-in-law is ill too, I can't do anything," she said. Binh bought medicine with her son's health insurance while trying to treat him with herbal medicines. However, he continues to weaken. Binh said she already borrowed VND20m (USD869) from the banks and more from relatives and neighbours. Tong Van Tien, head of Thanh Long Village, said, "Their situation is really difficult. Her husband died when their second child was only one year old. The whole family depends on the small field and Binh's odd jobs. I hope people will help her son and father-in-law get to hospital." If you can help please donate through: 1. Code 4037: Hoang Thi Binh from Thanh Long Village, Phuc Luong Commune, Dai Tu District, Thai Nguyen Province. Tel: 0363850544 2. Dantri/DTiNews No. 2/48 Giang Vo Str., Dong Da Dist., Hanoi Tel: 024. 3. …

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