Society

The Ministry of Labor, Invalids and Social Affairs (MoLISA) has proposed that the minimum wage be increased by an average of 6 per cent, effective from July 1. Due to Covid-19, it has been more than two years since the minimum wage was last adjusted, which is normally done annually, meaning it no longer guarantees a minimum standard of living.

During the second quarter of this year, the Ministry of Labor, Invalids and Social Affairs is expected to submit to the government amendments to regulations on labor management, wages, and bonuses for managers and employees at State-owned enterprises (SOEs), according to market principles and associated with workplace productivity and production and business efficiency.

Great Place to Work (GPTW) has announced 15 small and medium-sized enterprises voted as “Vietnam’s best place to work in 2022”, six of which are in the technology sector. On the occasion of opening a representative office in Vietnam, GPTW announced the list of businesses in the country for the first time.

Under a Decision signed by Deputy Prime Minister Le Minh Khai on May 13, total revenue from social insurance, unemployment insurance, and health insurance premiums this year is estimated at nearly VND464.6 trillion ($20 billion), while total payouts will be over VND376.9 trillion ($16 billion).

According to rankings of the best countries in education in 2021 from USNEWS, a leading US magazine on politics, economics, and health and education, Vietnam was 59th out of 78 countries and territories, up five places compared to 2020, when it ranked 64th out of 73 countries and territories. It is ahead of Cambodia and Myanmar in Southeast Asia, but behind Singapore, Thailand, Indonesia, and the Philippines.

The Ministry of Health (MoH) has identified two scenarios regarding Covid-19 during the transitional period from pandemic control and prevention to sustainable management. In the event that the virus continues to evolve, MoH will recommend a fourth vaccination, while if a new strain appears, it will report to the government on purchasing additional new vaccines.