Le Quang Trung, deputy director from the Employment Department, underneath the Secretary of state for Work, Invalids and Social Matters, talks with Thoi bao Kinh te Viet Nam (Viet Nam Economic Occasions)What's the cause of the present increase in unemployment insurance candidates in Viet Nam?By late first quarter of 2012, there have been a lot more than 642.000 unemployment insurance candidates countrywide against a figure of 526,000 this year and 2011.Within the first three several weeks of the year,
HN – A lot more than 116,600 employees requested unemployment-insurance within the first quarter of the year, a rise of 70 percent in comparison with similar period this past year. Based on Le Quang Trung, the official in the Secretary of state for Work, Invalids and Social Matters, unemployment was rife in HCM City, the southern provinces of Binh Duong and Dong Nai plus some other large metropolitan areas. The majority of the unemployed were employed in the fields of processing and machinery.Among the
Employees at Nha Be Outfit Company in HCM City. Many firms went bankrupt within the first quarter of the season, resulting in rising unemployment insurance claims. — VNA/VNS Photo Van Khanh HCM CITY — The growing quantity of businesses declaring personal bankruptcy in HCM City within the first quarter of the season has led to an outburst in unemployment insurance claims.A lot more than 5,000 businesses within the city declared personal
Moody's said Austria would retain its AAA rating due to its "well diversified economy," low unemployment rate and financial strength
HANOI – The number of jobless workers requiring unemployment subsidies in Hanoi has surged drastically in recent months as production firms scaled down or even shut down their business due to economic downturn.
The HCM City Social Insurance Agency will pay VND460 billion (US$21.9 million) in unemployment benefits to more than 100,000 laid-off workers this year, its deputy director has said.
Experts are worried about a three-fold increase in unemployment during the first half of the year.
More than 7.4 million people have registered for unemployment insurance since the policy was adopted two years ago.
More than 7.4 million people have registered for unemployment insurance since the policy was adopted two years ago.
Regulations governing unemployment insurance needed to be modified to better match the needs of the workplace, while businesses and employees needed to be better informed about labour policies, said Nguyen Dai Dong, director of the Ministry of Labour, Invalid and Social Affairs (MOLISA)'s Employment Department.
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