Tag: wage
Chinese investors hope Binh Duong have better investment environment
Many Chinese investors operating in the southern province of Binh Duong have put forth proposals to the provincial People’s Committee regarding the minimum wage, the land fund for warehousing, and investment procedures at a recent online investment promotion workshop.
National Wage Council established
Prime Minister Nguyen Xuan Phuc has recently signed a decision on the establishment of the National Wage Council.
MoLISA proposes keeping region-based minimum wage unchanged in 2021
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is collecting ideas on a draft proposal to the Government in which the National Wage Council suggests it not raise the region-based minimum wage in 2021 after considering the socio-economic circumstances.
Fiscal deficit to stay at 4% of GDP next year: MoF
The Ministry of Finance has announced the State budget estimates for 2021, which target over VND1.34 quadrillion (US$58.2 billion) in State budget revenue.
Minimum wage will not be raised in 2021 because of tight budget
The National Assembly’s Finance and Budget Committee has agreed not to adjust the minimum wage in 2021 and has warned about the pressure on public debt payment.
Region-based minimum wage likely to remain unchanged in 2021
The region-based minimum wage will not be adjusted in 2021, said Deputy Minister of Labour, Invalids and Social Affairs Le Van Thanh, Chairman of the National Wage Council, at a meeting in Hanoi on August 5.
