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The Lao Government has decided to raise the monthly minimum wage from LAK1.2 million (nearly US$70) to LAK1.3 million starting May 1 to ease workers’ difficulties amid soaring inflation and economic uncertainties. The decision was made at the Lao Government’s…
Hoang Tu said his “American Dream” lasted only six months. He was let go from Google two days before the Lunar New Year. “This is the worst Tet (Lunar New Year) of my life,” he said. The 27-year-old joined Google’s new project development team in Silicon…
We’ve closely monitored the events at Foxconn’s largest iPhone assembly facility in Zhangzhou, China. The factory reportedly produces half of the iPhone units made worldwide, and this year the plant is turning out iPhone 14 Pro and iPhone 14 Pro Max models.…
With her company planning to cut its payroll from 300 to 20, Ngoc has a constant dread of being fired, and does not even dare take sick leave. “Everyone goes to work with a constant worry, not knowing who will be fired next,” she says. She returns home at 9…
Textile and electronics companies are cutting overtime and working hours to their workers’ dismay as global consumer demand fall. Tran Thu Huong and her husband were working at a garment factory in HCMC’s Go Vap District when last month, their income fell by…
Samsung Electronics Co Ltd has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending. America’s largest warehouse market is full and…
Footwear maker PouYuen Vietnam, the largest employer in HCMC, faces a shortage of workers after 6 percent quit due to Covid-19 restrictions and resultant problems. The Taiwanese company, a supplier to Adidas and Reebok, has sought the city’s support for…
Workers’ Union at Kia Motors has voted to accept the company’s wage proposals without a strike for the first time in 10 years. According to a report from IANS, the carmaker said that 68 percent of 26,945 workers have voted in favor of the wage, which includes…
UBS will allow up to two-thirds of its staff to permanently split working hours between home and the office, in hopes that the approach could help outdo U.S. rivals in requirement. An internal analysis of the 72,000-strong global workforce identified that…
Forty-five percent of Vietnamese are worried about losing their jobs to machines in the future, a survey has found. Most respondents, 83 percent, think technology would change their jobs in the next 3-5 years, and 90 percent think that would happen in the…
Thirty-five percent of businesses had to let staff go after being hit by the effects of the Covid-19 pandemic, which disrupted supply chains, a survey has found. The dwindling number of workers was one of the four major difficulties businesses faced during…
Several localities have reported demand for thousands of workers as manufacturers seek to scale up production. In some industrial parks in the southern provinces of Dong Nai and Binh Duong, hundreds of companies have put up hiring notices this week. South…
Though foreign firms continue to dominate the best workplace list, things are changing with more and more Vietnamese companies making the cut. The latter accounted for half of this year’s top 20 in the 100 Best Places to Work survey released on Thursday by…
Average wages at multinationals and domestic enterprises in Vietnam respectively rose 6.5 percent and 5.2 percent this year, the lowest levels in a decade. Over the past 10 years, average salaries in both groups had risen at least 8 percent a year, according…
French carmaker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a plan to boost its profitability and cope with faltering sales, a representative for the CFDT union said after meeting with the company. Some 4,500 jobs would go…
Uber Technologies Inc on Wednesday informed its California customers that it would switch to providing estimates as opposed to fixed prices for its rides in response to a new law that makes it harder to qualify its drivers as contractors. In an email sent out…
