Monthly income of workers up 7.4%: GSO report
The average income estimated at $295 per month.
Promoting innovative startups offers escape from ‘middle-income trap’
At the Vietnam Startup 4.0 Forum 2022 on October 19, Dr. Vu Tien Loc, Chairman of the Vietnam International Arbitration Center (VIAC), said that in order to help Vietnam escape from the "middle-income trap" and become a developed country, it is necessary to promote innovative startups and transformation. Vietnam has one of the top 3 most dynamic innovative startup ecosystems in Southeast Asia.
Hanoi attempts to address staff leaving public jobs
Hanoi has proposed nine groups of solutions to overcome the situation of cadres, civil servants, and public employees leaving their jobs, including boosting their incomes, improving the workplace environment to make it more professional and modern, and creating opportunities for cohesion.