Workers’ average income up in first quarter

Vietnam saw a year-on-year fall in the number of workers joining the labour market in the first quarter but increases in average income, according to Pham Hoai Nam, Director of the Population and Labour Statistics Department at the General Statistics Office (GSO).

Workers’ average income up in first quarter hinh anh 1

Illustrative image (Photo: VNA)

Vietnam saw a year-on-year fall in the number of workers joining the labour market in the first quarter but increases in average income, according to Pham Hoai Nam, Director of the Population and Labour Statistics Department at the General Statistics Office (GSO).


Nam said that workers' average monthly income in the first quarter stood at 6.3 million VND (273 USD), up 339,000 VND compared to the fourth quarter of 2020 and 106,000 VND year-on-year.

On an annual basis, the agro-forestry-fisheries sector recorded the highest rise in average income, 5.2 percent, followed by the service sector with 1.5 percent and industry-construction 0.8 percent.

In particular, the income of those with employment contract increased 556,000 VND compared to the fourth quarter of last year and 132,000 VND over the same time in 2020 to 7.2 million VND per month.

According to Nam, the return of COVID-19 before the Lunar New Year (Tet) holiday changed normal growth trends in the first quarter, with a fall of nearly 200,000 workers in the workforce compared to the same time last year and about 600,000 over the same time of 2019.

The proportion of workers joining the labour market was 66.7 percent in urban areas and 69.9 percent in rural areas.

The GSO reported that among 49.9 million employees, 39.5 percent (or 19.7 million) were employed in the service sector, 32.3 percent (16.1 million) in the industry-construction sector, and 28.2 percent (14.1 million) in the agro-forestry-fisheries sector.

In the first quarter, 57.1 percent of the workforce, or 20.7 million workers, were employed in the informal sector, down 251,700 over the fourth quarter of 2020 but up 525,400 over the same period last year, it said./.

Source: VNA
en.vietnamplus.vn

Related News

Providing solutions to develop a stable labor supply chain after the pandemic

Providing solutions to develop a stable labor supply chain after the pandemic

VCN – The Covid-19 pandemic has slowed down economic growth and disrupted production and business activities, leading to negative impacts on the work and lives of laborers.
Workers offered rental support to return to labour market

Workers offered rental support to return to labour market

The Ministry of Labour, War Invalids and Social Affairs (MOLISA) is proposing a rental assistance package for workers' accommodation.
Enterprises take advantage of export opportunities from the beginning of the year

Enterprises take advantage of export opportunities from the beginning of the year

VCN - With a strong recovery at the end of the year after the implementation of Resolution 128/NQ-CP of the Government, many enterprises continued to accelerate exports from the first days of 2022.
Seminar seeks ways to enhance efficiency of guest workers in RoK

Seminar seeks ways to enhance efficiency of guest workers in RoK

A seminar aimed at improving the effectiveness of management activities and supporting labourers in the fishing industry was organised by the Labour Management Board and the Vietnamese Embassy in the Republic of Korea (RoK) on November 29.

Latest News

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN member states and the Republic of Korea (RoK) have reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.
Opportunities for digital technology businesses to go global

Opportunities for digital technology businesses to go global

Finding solutions and directions to promote and develop Vietnamese digital technology enterprises is an important task, which will promote the stability and sustainability of the country's economy, heard a recent conference.
Vietnam, China eye stronger border trade

Vietnam, China eye stronger border trade

Border provinces of Vietnam and China should continue close coordination and enhance trade promotion between the two sides, stressed the recent talks between the management boards of the economic zone of the northern province of Ha Giang and the Malypo border economic cooperation zone of China’s Yunnan province.
Improve competitiveness and sustainable development of the seafood industry

Improve competitiveness and sustainable development of the seafood industry

VCN - In early 2024, seafood exports have prospered. This is the driving force that helps seafood businesses hope for a stronger recovery this year. Ms. Nguyen Thi Thu Sac, Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP) shared with Customs Magazine.

More News

Business environment reform needs further promotion: expert

Business environment reform needs further promotion: expert

Resolution 02 issued by the Government creates pressure for the ministries, sectors and localities to make changes for the business community as well as the socio-economic development.
Singapore is the largest foreign investor in VN in Q1

Singapore is the largest foreign investor in VN in Q1

The disbursed FDI rose by 7.1 per cent in the first quarter to reach $4.63 billion, a signal that the disbursement will continue the positive trend, the agency said.
Thai Binh boosts investment, trade cooperation with Germany

Thai Binh boosts investment, trade cooperation with Germany

A delegation from the northern province of Thai Binh, led by Deputy Secretary of the provincial Party Committee Nguyen Khac Than, visited several localities and business organisations in Germany from March 25 to 27, in a bid to enhance trade cooperation with and attract direct investment from the European nation.
Lifting obstacles to develop industrial parks

Lifting obstacles to develop industrial parks

VCN - Attracting investment and developing industrial zones (IZs) and economic zones (EZs) is one of the important contents to implement the policy of developing a multi-component, open, attract investment and resources from all economic sectors to develop the country. In addition to the results achieved, there still limitations that need to be removed to draw investments to develop industrial parks and economic zones, including financial problems for industrial parks.
Unlock capital flows and create favorable conditions for investors

Unlock capital flows and create favorable conditions for investors

VCN - Talking with the press, Dr. Ngo Cong Thanh (Photo), Provisional Executive Committee member of the Vietnam Industrial Park Finance Association (VIPFA), said that it is necessary to open up capital flows and create conditions for investors to access key factors. Facilitate production and business factors and innovate investment promotion activities to more effectively develop industrial parks.
More than 300 businesses, manufacturers to attend VGMF 2024

More than 300 businesses, manufacturers to attend VGMF 2024

More than 300 domestic and foreign businesses and manufacturers will attend the Vietnam Global Manufacturing Forum 2024 (VGMF2024) to explore investment and business cooperation opportunities.
Connecting with FDI firms helps boost wood exports: insiders

Connecting with FDI firms helps boost wood exports: insiders

Strengthening linkages and cooperation between foreign-invested and domestic enterprises will contribute to promoting the sustainable development of the Vietnamese wood industry, according to insiders.
Doosan Vina exports nearly 2,000 tonnes of modules to US

Doosan Vina exports nearly 2,000 tonnes of modules to US

The Doosan Enerbility Vietnam (Doosan Vina) specialising in heavy industries announced on March 26 that it has just exported a batch of nine modules weighing nearly 2,000 tonnes to the Golden Triangle Polymers company in Texas, the US.
Wood processing enterprises strive to increase the proportion of individually designed goods

Wood processing enterprises strive to increase the proportion of individually designed goods

VCN - Many wood and furniture processing enterprises are promoting investment in design activities, helping to increase the proportion of individually designed products (ODM) in exports, thereby affirming the industry's capacity Vietnamese wood in segments with higher added value.
Read More

Your care

Latest Most read
ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN, RoK agree on transposition of AKFTA product specific rules

ASEAN member states and the Republic of Korea (RoK) have reached a consensus on the transposition of ASEAN-RoK Free Trade Agreement (AKFTA) Product Specific Rules from the Harmonised System Codes HS 2017 to HS 2022.
Opportunities for digital technology businesses to go global

Opportunities for digital technology businesses to go global

Finding solutions and directions to promote and develop Vietnamese digital technology enterprises is an important task, which will promote the stability and sustainability of the country's economy, heard a recent conference.
Vietnam, China eye stronger border trade

Vietnam, China eye stronger border trade

Border provinces of Vietnam and China should continue close coordination and enhance trade promotion between the two sides, stressed the recent talks between the management boards of the economic zone of the northern province of Ha Giang and the Malypo border economic cooperation zone of China’s Yunnan province.
Improve competitiveness and sustainable development of the seafood industry

Improve competitiveness and sustainable development of the seafood industry

In early 2024, seafood exports have prospered. This is the driving force that helps seafood businesses hope for a stronger recovery this year.
Business environment reform needs further promotion: expert

Business environment reform needs further promotion: expert

Resolution 02 issued by the Government creates pressure for the ministries, sectors and localities to make changes for the business community as well as the socio-economic development.
Mobile Version