The National Assembly passed a resolution on state budget allocation plan for 2025 with all 432 deputies present at the November 13 afternoon sitting voting in favour.

Vietnam’s job market is poised to bounce back in 2024, driven by better purchasing power that is sparked by a recovery in private investment and wage reform, according to the Ministry of Labour, Invalids and Social Affairs.

Prime Minister Nguyen Xuan Phuc chaired a meeting in Hanoi on May 28 between permanent Government members and the central steering committee for the reform of wage and social insurance policies and the one on benefits for national contributors.

Specialists from the International Labour Organisation (ILO) on November 8 shared experiences in wage and social insurance issues and gave recommendations to Vietnam’s draft plan for reforming wage, social insurance and benefits for national contributors.