Hoa Nguyen, senior director of Talentnet, speaks at the Talentnet-Mercer Post survey seminar held in HCM City on October 6. (Source: VNA)
HCM City (VNA) - Salary increases thisyear at both multinationals and major local companies have in general been higher than inflation rates, a surveyby Mercer, a global provider of human resource services, and TalentnetCorporation, its associate in Vietnam, has found. Speaking at the announcement of Talentnet-MercerPost survey in HCM City on October 6, Hoa Nguyen, senior director of Talentnet, said though 4.9 percentinflation was forecast for this year, multinational and local companies hadoffered employees salary increases respectively of 8.5 percent and 8.9 percent. Talking about pay hikes by industry, she said technology, lifesciences and chemicals were the top three sectors in increasing salaries, withtheir hikes at 9-10 percent.
At the other end of the spectrum were education, financialservices-banking and oil and mining with 7 percent, 5.7 percent and 4.6 percenthikes.
𒊎 With a better forecast for business growth in 2017-18, companiesplan for a higher variable bonus payout compared to last year.
Agriculture, banking and finance topped the variable bonus listwith payouts of 22.1 percent, 20.7 percent and 20.7 percent. Leading local companies continued to pay higher variable bonus(22.1 percent) rates than multinationals (16.6 percent). But theaverage salary paid by local companies is 29 percent lower, and the differencewidens from 15 percent (para-professional) to 30 percent (professional) and 41 percent(management), according to Hoa. On theother hand, local companies are willing to be flexible to compete withmultinational companies for key talents. According to the survey, the average voluntary staff turnover rateof local companies is higher than multinationals’(10.5 percent compared with7.4 percent). The highest turnover rates for multinationals by industry wereretail (32.2 percent), real estate (18.8 percent), and consumer goods (17.3 percent)while chemicals and oil and mining had low rates of 9.9 percent and 5.3 percent. Sales and marketing continue to be the hottest jobs while there isa short supply of engineering professionals that recruiters are strugglingwith. Atotal of 592 established multinational and local companies with more than289,200 employees in 16 industries took part in thesurvey, considered the largest and most comprehensive in Vietnam. — VNA
Both multinationals and major local companies have increased salaries by nearly the same rate this year, a survey by Mercer, a global provider of human resource services and its associate in Vietnam, Talentnet Corporation, has found.
National Assembly deputies continued their discussions on increasing salaries for poor and low-income earners on October 31 during the eighth session of the 13th National Assembly.
A workshop on wage policy in the context of a market economy and economic integration was held in Hanoi on November 25 with the aim of providing an overview on regional and international wage policies and fine-tuning those in Vietnam.
People, particularly those working in informal sectors and housewives, are afraid of a possible surge in the prices of goods as soon as the basic salary for civil servants and public employees increases next month.
Vietnam has over 4.8 million people exposed to AO/dioxin, including hundreds of thousands in the second, third, and even fourth generations. Many live with severe disabilities, facing high medical costs and loss of earning capacity.
Deputy Foreign Minister Dang Hoang Giang reaffirmed that amnesty is a humanitarian policy of the Party and State, reflecting the Vietnamese tradition of compassion and winning attention and high praise both domestically and internationally.
Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
With support from the Vietnamese Association in Ufa, Vietnamese language classes for children have been offered for many years. Currently, 60 children of various ages are attending two classes taught by Duc Anh, free of charge.
Vietnam ranked among the top four countries and territories at the 2025 International Olympiad on Artificial Intelligence (IOAI), reaffirming its strong position in international academic competitions.
All 20 crew members aboard the Vietnamese oil tanker GT Unity were successfully rescued from a fire in the vessel’s engine room, thanks to the swift response of the Liberian-flagged ship Androusa and Vietnamese maritime rescue teams.
Describing Agent Orange as one of the most severe and enduring legacies of the war in Vietnam, Vietnam's former Honorary Consul to Belgium Joseph-Michel de Grand Ry warned that its impact – still affecting generations more than five decades later – could last another two to three decades.
Running from August 4 to September 2, under the hashtag #TuHaoVietNam, the campaign invites participants in two categories: “I Love My Country” video clips and “I Love My Country” check-in photos.
Decree No. 219/2025/ND-CP, which took effect on the issuance date, introduces amendments that integrate the procedure for reporting and explaining the demand for foreign workers into the process of submitting applications for work permits.
With a tight 13-month deadline, the move is under a strategic and urgent policy to bridge educational gaps, train the local workforce, and shore up territorial sovereignty in some of the country’s most remote areas.
The parade and personnel send-off ceremony will officially take place on August 10 at the area surrounding the Statue of King Ly Thai To and Dinh Tien Hoang street of Hoan Kiem ward, with the participation of nearly 3,000 officers, soldiers, and local residents.
According to national technical regulations, AIS installation is mandatory for boats carrying more than 50 passengers. However, operators of smaller vessels (under 50 seats) in Ha Long Bay have voluntarily committed to completing installation by the deadline to enhance operational safety.
The activities include a Vietnamese language teaching training course for overseas Vietnamese teachers from August 13 to 28 in Hanoi, Ninh Binh, and Thai Nguyen.
Specifically, the ships will carry out patrols from 7am to 6pm daily along the main tourist routes in Ha Long Bay, with one ship permanently stationed at Ti Top island. From 6pm to 7am the following day, the mobile vessels return to Tuan Chau island to maintain a 24/7 on-call duty shift, ensuring constant readiness.
The Ministry of Construction (MoC) plans to open to traffic 208km of expressways of six key projects by August 19, bringing the country’s total expressway network to 2,476km.
As of July 1, a two-tier local government model started in 34 provinces and cities, streamlining administration but creating a surplus of public properties. If not promptly addressed, these assets could become a financial burden.
Whether they grow up to become journalists, diplomats, or professionals in other fields, these children can one day become bridges of friendship and cooperation, telling new and inspiring stories of Vietnam – China relations, said Ambassador Pham Thanh Binh.
A 21-year-old Indian tourist was successfully resuscitated and treated by doctors at Hoan My Da Nang Hospital after a near-drowning incident left him in critical condition. After three days of intensive care, the man was discharged from the hospital and has since returned to India.
In an document issued on August 5, the PM emphasised the need to stablise living conditions for people hit by floods, landslides, and flash floods in late July and early August in northern and north-central provinces, especially Dien Bien, Son La, and Nghe An which suffered some of the worst damage.
Although millions of Vietnamese were affected by AO, only over 626,000 individuals, including war veterans and their children suffering from dioxin-related conditions, are currently receiving state benefits.
Hoa Nguyen, senior director of Talentnet, speaks at the Talentnet-Mercer Post survey seminar held in HCM City on October 6. (Source: VNA)
