Want to be in the loop?
subscribe to
our notification
Business News
GOVT AGREES WITH WORKERS ON AMENDMENT TO SOCIAL INSURANCE
He said that it would put the proposal on the National Assembly agenda meeting next month.
Under the Social Security Law, which takes effect next year, labourers cannot receive one-off social-insurance payments until they retire after quitting their last jobs.
Payments are only made at retirement age, which is 60 years for males and 55 for women.
Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said the new law was meant to help workers have a monthly income after retirement.
It would also encourage them to keep on paying social insurance payments until they retire.
Last Thursday, workers at Taiwanese Pou Yuen Company Ltd in HCM City's Binh Tan District - a leather and footwear company - went on strike to show their disagreement with the new regulation.
Ministerial representatives, including the deputy minister Diep met with the labourers early this week to listen their concerns and explain the law.
More than 70,000 Pou Yuen workers resumed work yesterday as soon as seeing response from Government.
Source: VNS
Related News
VIETNAM ECONOMY INVESTMENT
FOREIGN INVESTORS FLOCKING TO SOUTHERN REGION
Foreign investors are actively calling on southern localities in the final months of 2024 to explore investment opportunities. On November 7, over 40 German businesses arrived in the southern province of Dong Nai to evaluate investment prospects in the area.
VIETNAM ECONOMY INVESTMENT
HAIPHONG TARGETS US$4 BILLION IN FDI FOR 2024
Haiphong recently approved 12 new projects in its economic and industrial zones, valued at a combined US$1.8 billion. This brings the total FDI in these zones to US$3.5 billion as of November, surpassing the city’s annual target by 40%.
VIETNAM ECONOMY INVESTMENT
CAR IMPORTS INCREASE 37.5 PER CENT IN 10 MONTHS
Việt Nam mainly imported cars from Indonesia, with 57,963 units imported so far this year (19,569 units higher than over the same period last year). Imports also came from Thailand, with 54,481 units (7,535 units higher than last year) and China, with 24,613 units (16,112 more than last year).
VIETNAM ECONOMY INVESTMENT
IMPROVING THE EFFECTIVENESS OF SOCIAL POLICY CREDIT
Following a decade of implementation, social policy credit is expected to enter a new phase of development to achieve higher efficiency for the sake of society and the community. On behalf of the Party Central Secretariat, on October 30, Standing Member of the Party Secretariat Tran Cam Tu signed a directive to improve the efficiency of social policy credit.
CHARITY / EXHIBITION / OTHER EVENTS
GLOBAL SOURCING FAIR VIETNAM 2025
Global Sourcing Fair Vietnam 2025, held from 24-26 April at the Saigon Exhibition & Convention Center (SECC), Ho Chi Minh City, is the must-attend international expo for sourcing Fashion & Accessories and Home & Gifts
VIETNAM ECONOMY INVESTMENT
VIETNAMESE ENTERPRISES GRAPPLE WITH CHALLENGES IN Q3
In many sectors, businesses acknowledged that simply breaking even was an accomplishment this year. A prominent example is Nam Sông Hậu Trading Investment Petroleum JSC, once a leading fuel distributor in the Mekong Delta.
Events Sponsors
