Hanoi incomes exceed those in HCMC

By Hong Chieu   October 5, 2023 | 06:36 pm PT
An average worker in Hanoi earned VND9.9 million ($405) a month in the third quarter, 6.5% higher than Ho Chi Minh City’s VND9.3 million.

Hanoian worker’s average income surged 9.7% year-on-year while that of HCMC rose 0.6%, according to the General Statistics Office.

Most major localities also saw a hike in average income.

The figure rose 1.8% to VND8.7 million in the southern province of Dong Nai and went up 15.5% to VND7.3 million in the northern province of Thai Nguyen.

The Red River Delta region posted the biggest income growth of 6%, while the Southeastern region went up 2.2%.

The Southeastern region reported the highest unemployment rate in the country in the third quarter at 3.08%.
The average worker’s income nationwide was VND7.1 million, up 2%.

118,000 people lost their jobs due to a decline in orders in the third quarter, down nearly by half from the second quarter. Most of them were in HCMC and the southern province of Binh Duong.

54,000 workers saw their work hours reduced, most of them in foreign direct investment companies.

Demands from major export markets remained low due to inflation and businesses should expect low orders in upcoming months, the GSO said.

Vietnam’s labor quality remains low as over 38 million workers have not been formally trained, it added

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