In Vietnam, cost of dying soars as private cemeteries boom As public cemeteries close, many Vietnamese find themselves faced with an unsavory choice: go big or go dust. Unusually cheap flights give Americans perfect reason to visit Saigon Round-trip deals from nine U.S. cities including New York and Los Angeles are on offer for less than $600. Hanoi’s leader softens motorbike ban after public calls it ‘protection’ for cars 'The city will not ban but rather limit motorbikes in certain core areas of the downtown districts.' Trump names new US ambassador to Vietnam Daniel Kritenbrink will need the confirmation by the US Senate before being posted in Vietnam. How Vietnamese continue to dream the American Dream Vietnam has … [Read more...] about Weekly roundup: cost of dying in Vietnam, false flowers marring vanishing trees, urban pollution, and more
Vietnam cost of living
Wages in Vietnam are on the rise, but most of the country’s workers are just scraping by. Nearly two-third of Vietnamese workers are pocketing less than VND3 million ($145) a month, just enough to cover basic expenses, according to a new survey conducted by Vietnam General Confederation of Labour’s Institute of Workers and Trade Union. These basic expenses cover food and housing, electricity and water supplies, telephone bills, clothes and footwear, essential medicines and some private external affairs. The institute’s director Dang Quang Dieu said the new minimum salaries adopted by the government in October this year, ranging from VND1.4-2 million ($70-100) depending on geographic areas, could cover just 56.7-65.7 per cent of the living costs of foreign-invested enterprises (FIEs)’ workers. The survey indicated that although the real gross monthly incomes of workers in FIEs were about 30 per cent higher than the minimum wages, more than … [Read more...] about Workers’ income far below cost of living
One day in late 2010, I was treating my kids to ice cream at a shop in Hanoi’s Hoan Kiem District. We were new to Vietnam and, as usual, I liked the posted price: 10,000 dong per scoop, or less than 50 U.S. cents. Vietnam: such a deal! When the woman behind the counter charged us 15,000 dong per scoop, I pointed to the sign behind her – and she, in turn, pointed to the little handmade sign in front of the cash register with the new price. Her colleague spoke serviceable English: “The price of everything is going up.” That, in retrospect, proved to be an understatement. Vietnam’s inflation rate soared to higher than 20 per cent in the middle of 2011, and remained in double digits through the first few months of 2012, the highest cost-of-living increase in Asia. Since then, Vietnam’s authorities have won praise for policies that helped bring inflation back to single digits. Keeping it under control, authorities say, remains a top priority for 2013. But … [Read more...] about What kind of luck will the Snake bring?
Thousands of people will have a chance to receive scholarships to study in Ph.D. programs abroad under a project of the Vietnamese Ministry of Education and Training. The education ministry has recently announced that it is recruiting 1,300 candidates for Ph.D. training programs in numerous foreign countries in 2015, as part of Project 911 on training Ph.D. instructors for universities and colleges in Vietnam in the 2010- 2020 period. Project 911 sets a target that Vietnam will have at least 20,000 more Ph.D. degree holders by 2020, half of which will be trained in reputable universities and colleges around the world in order to increase the number of Ph.D. instructors as well as improve educational quality in the country. The 1,300 successful candidates will be sent to countries including the U.K., Australia, New Zealand, the U.S., Canada, France, Germany, Belgium, Russia, Japan, China, Singapore, South Korea, and others. They will study such majors as natural sciences, … [Read more...] about Vietnam to send 1,300 overseas for PhD training
Salaries in Vietnam are rising faster than in any other Southeast Asian country, according to a recent survey released by employment website Jobstreet.com. The average annual growth rate of Vietnam's payroll stands at 20-24 percent, compared to 14-20 percent in Thailand, the Philippines, Indonesia, Myanmar and Singapore. In Vietnam, management and executive salaries grew fastest, at 26 and 35 percent respectively. The survey found that 68 percent of companies operating in Vietnam want to expand their businesses in the future, so they have high recruitment demands. Jobstreet forecast that salary growth will continue with this demand. Vietnam's minimum wage, however, doesn't enjoy such a large jump. On Monday, the prime minister signed off on a decree raising the minimum wage for 2018 by 6.5 percent, the lowest nominal bump in 11 years. The rise brings the minimum wage for Region I to VND3.98 million ($175) a month. Region II to VND3.53 million, Region III to VND3.09 million and … [Read more...] about Monthly salaries in Vietnam rise fastest in Southeast Asia: survey