The National Wage Council proposed the regional minimum wage be increased by 5.3 percent in 2019 (Photo: VNA) Hanoi (VNA) – All 15 members of the National Wage Council agreed to submit a proposal to the Government to increase the regional minimum wage in 2019 by 5.3 percent during their third meeting in the northern port city of Hai Phong on August 13. Under the proposal, the minimum salary in region 1, which covers Hanoi, Ho Chi Minh City, Hai Phong, Bien Hoa city, Thu Dau Mot city, Vung Tau city, and some rural districts of Dong Nai and Binh Duong provinces, will rise by 200,000 VND (8.8 USD) per month. The rise in region 2, which includes the remaining rural districts of Hanoi and Hai Phong, Hai Duong city, Hung Yen city, and some rural districts of Hung Yen, will be 180,000 VND (7.9 USD) per month. Meanwhile that of region 3, consisting of the remaining provincial cities, Chi Linh town, and some of the rural districts in Hai Duong and Vinh Phuc provinces, and the … [Read more...] about Rise of 5.3 percent in regional minimum wage for 2019 proposed
Regional vice president salary
World’s biggest copper mine in Chile agrees to strike
The Escondida mine in Chile is the world's biggest copper producer. (Photo: AFP/Martin Bernetti) The N1 union said 84 per cent of its members had backed the strike, with a "historic" turnout of 2,330 of 2,500 people eligible to vote. "We hope that this overwhelming desire to reject the company's offer ... will convince the company of the need to show a willingness to build an accord that recognizes our rights," N1 said in a statement. The union is calling for a five percent salary increase and a conflict termination bonus of four percent of dividends received by shareholders last year, or about US$34,000 per worker. Chilean miners earn between US$2,500-3,000 a month - a comfortable sum in a country where the minimum wage is US$800. But the workers argue they deserve such a premium because of their harsh working conditions. "A strike at Escondida would have very negative effects on our workers and their families, as well as the company, the region and the country," the vice president … [Read more...] about World’s biggest copper mine in Chile agrees to strike
Regional minimum wage may increase by 8 per cent in 2019
As usual, increasing the regional minimum wage in early 2019 is a topic of heated debate between authorities and representatives for employers and employees. The National Salary Council once again sees great debates around the minimum wage increase On July 9, the National Salary Council organised a meeting to discuss increasing the regional minimum wages for 2019. During the meeting, two option streams for the wage were recommended, including an increase of 8 per cent and halt to increase the regional minimum wage. Notably, the Vietnam General Confederation of Labour (VGCL) proposed increasing the regional minimum wage by 8 per cent, equalling VND220,000-330,000 ($9.55-14.32) per month, for 2019. Vu Quang Tho, director of the Institute of Workers and Trade Unions, a member of VGCL, said that the offered figure is calculated based on price fluctuations, labour productivity growth, the difference between the minimum wage and the minimum living needs. Tho added that according to … [Read more...] about Regional minimum wage may increase by 8 per cent in 2019
2019 regional minimum wage discussed
The National Wage Council yesterday opened its first meeting of the year, discussing the regional minimum wage change to be applied next year. (Photo vnexpress.net) Hanoi (VNA) - The National Wage Council convened its first meeting of the year in Hanoi on July 9, discussing the regional minimum wage increase for next year. The change will affect about ten million people who are working with labour contracts in non-State enterprises. At the meeting, the Vietnam General Confederation of Labour (VGCL), which represents employees, proposed an increase of 8 percent in the regional minimum salary while the Vietnam Chamber of Commerce and Industry, reprsentating businesses, asked for the wage to remain unchanged in 2019. Addressing the event, Deputy Minister of Labour, Invalid and Social Affairs cum Chairman of the council Doan Mau Diep said that according to Resolution 27-NQ/TW on salary reform that the Communist Party of Vietnam Central Committee issued in May 2018, the … [Read more...] about 2019 regional minimum wage discussed
First debate on regional minimum wage 2019
The National Wage Council yesterday opened its first meeting of the year, discussing the regional minimum wage change to be applied next year.— Photo vnexpress.net HÀ NỘI — The National Wage Council yesterday opened its first meeting of the year, discussing the regional minimum wage change to be applied next year. The change would affect about ten million people who are working with labour contracts in non-State enterprises. The council is responsible for studying wage changes and consulting the Government about the annually-changed regional minimum wage. It includes officials from the Labour Ministry, Việt Nam General Confederation of Labour (VGCL) that represents employees and the Viet Nam Chamber of Commerce and Industry (VCCI) to represent employers. Currently, the minimum wage is applied for four different regions in Việt Nam as follows Region I: VNĐ 3.98 million (US$ 189); Region II: VND 3.53 million … [Read more...] about First debate on regional minimum wage 2019
Social News 7/7
Vietnamese press expands international cooperation President of the Vietnam Journalists Association Thuan Huu The Vietnamese Journalists Association (VJA) and the Foreign Press Association in Switzerland and Liechtenstein (APES) have agreed to extend the two-year cooperation agreement they reached in late 2017. The consensus was reached during a meeting between VJA President Thuan Huu and APES President Jean Musy as part of a VJA delegation’s working visit to Switzerland from June 29-July 4. Accordingly, the two sides will continue delegation exchange. In November 2017, an APES delegation headed by its President Jean Musy paid the first-ever visit to Vietnam. While in Geneva, the Vietnamese journalists had a working session with Delegate to International Geneva Olivier Coutau, who briefed his guests on the history, politics and administrative system of the Geneva city and state. Geneva houses the headquarters of the United Nations (UN) and … [Read more...] about Social News 7/7
Spain’s new PM unveils pro-EU government dominated by women
Viet Nam News MADRID — Spain’s Socialist Prime Minister Pedro Sanchez on Wednesday unveiled a new pro-EU government with the most women in modern history, with 11 female and six male ministers. The new executive composed by the 46-year-old, who ousted conservative veteran Mariano Rajoy as prime minister last Friday in a no-confidence vote, includes astronaut Pedro Duque as science minister. EU budget manager Nadia Calvino will become economy minister and former European parliament president Josep Borrell foreign minister. Sanchez said his executive was “a reflection of the best in society” -- a society he described as composed of women and men, old and young, rooted in the European Union. But it is also a minority government, as the Socialists only have 84 lawmakers in the 350-seat parliament. As such, the government will have a tough time governing Spain, relying as it will on the votes of far-left party Podemos as well as Basque and Catalan nationalist … [Read more...] about Spain’s new PM unveils pro-EU government dominated by women
Vietnam prioritises ensuring rights of female labourers: official
Ensuring the rights of female labourers in the workplace is a priority of the Vietnamese Government, said Deputy Minister of Labour, Invalids and Social Affairs Nguyen Thi Ha. The Vietnamese delegation at the event (Source: VNA) Ha made the remarks at the plenary session of the 107th the International Labour Conference in Geneva, Switzerland, on June 5. The official cited the issuance of laws and policies in Vietnam to enable women to improve their management and leadership capacity, and easily access capital. One of the targets of Vietnam’s national strategy on gender equality for 2011-2020 is to reduce gender gaps in the fields of economy, labour and employment, and enhance the access of poor women in rural areas and women of ethnic minority groups to economic resources and the labour market, she stressed. She said programmes and projects on vocational training, employment, workplace safety, sustainable poverty reduction and support for female entrepreneurs have … [Read more...] about Vietnam prioritises ensuring rights of female labourers: official
BUSINESS IN BRIEF 31/3
Danang Hi-Tech Park needs VND1.3 trillion Danang City is promoting investments into housing, training and service facilities in Danang Hi-Tech Park (DHTP) worth a combined VND1.268 trillion, according to the Danang Investment Promotion Agency. Director of the agency Le Canh Duong on March 26 said local and foreign firms could choose to invest through public-private partnerships (PPP), which include build-operate-transfer (BOT). In addition to seeking capital for these facilities, DHTP also wants to attract investors to a research and development center to assist operations of enterprises there. Such projects can be financed by official development assistance (ODA) capital, according to Doan Ngoc Hung Anh, deputy head of the DHTP management board. In particular, the housing development project comprises villas, adjoining houses and condominiums with an investment estimated at VND842 billion. It aims to provide quality accommodation for employees, experts and scientists working at DHTP. … [Read more...] about BUSINESS IN BRIEF 31/3
BUSINESS IN BRIEF 26/3
HCM City to host food ingredients expo The 2018 Food Ingredients Vietnam to be held in HCM City in May will showcase a large variety of food and beverage ingredients and natural ingredients. The exhibition has attracted more than 140 exhibitors from many countries and territories, Rungphech (Rose) Chitanuwat, business director of UBM Asia, the organiser, said. The expo would also feature international conferences and professional seminars, and link up businesses, she said. With more than 93 million people, of whom more than half are under 30 years of age, Việt Nam is one of the most promising food and beverage consumption markets in the region, and has a diverse range of raw materials for food and beverages, she said. Speaking at a press conference in HCM City on March 22 to introduce the expo, Ly Kim Chi, chairwoman of the Food and Foodstuff Association of HCM City, said the country’s food and beverages sector has enjoyed strong growth in recent years. The market is … [Read more...] about BUSINESS IN BRIEF 26/3