According to the Vietnam General Confederation of Labor, in the first 6 months of 2024, the whole country had 119.6 thousand newly registered businesses and returned to operation, an increase of 5.3% over the same period last year.
However, there were also more than 110 thousand businesses withdrawing from the market, an increase of 18.4% over the same period last year, affecting the employment and income of a part of workers. In addition, there is a situation in some localities where businesses have a need to recruit workers but have difficulty recruiting and cannot recruit enough workers.
The average monthly income of salaried workers is 7.5 million VND, an increase of 7.4% over the same period last year. The average bonus for the Lunar New Year of Giap Thin is 6.8 million VND, equivalent to the bonus in 2023, however there are differences between regions and types of businesses.
According to reports from trade unions at all levels, the whole country has 116 businesses that owe wages to workers with a total amount of more than 350 billion VND.
The situation of one-time withdrawal of social insurance tends to increase with about 595,000 workers completing procedures to withdraw one-time social insurance, up 3.8% over the same period last year, most of them are young workers between the ages of 20-40 years old. (accounting for 78%), concentrated mainly in the non-state sector.
The main reason is that the nature of the job is often unstable, subject to work pressure, and workers have a "job-hopping" mentality, so when they quit their job, while looking for a new, more suitable job, they want to One-time social insurance benefits. A part of workers is still afraid that policy changes will affect their benefits; Voluntary social insurance policies and policies for unemployed workers upon termination of labor contracts have not created attractiveness...
