Updated  
July, 05 2012 10:31:39

Overseas workers find lucrative jobs

HA NOI — Some overseas contract workers return home with up to US$15,000 each in savings after three years, four times more than many can earn in Viet Nam.

Many of the workers could have expected to earn only 2 million ($100) a month in their villages and save next to nothing.

The details on contract workers returning from Malaysia, Japan, Taiwan and South Korea in 2010-11 were released in a recent report by the Ministry of Labour, Invalids and Social Affairs.

Around 90 per cent of the contract workers returned home with savings, the report said. Those with the biggest bank balances came from Japan and South Korea – each employee having accumulated VND243 million ($11,600) to VND312 million ($15,000) after three years.

Employees mainly used their savings to repay debts arising before or after they went to work abroad or to build or repair houses.

They often had to pay a brokerage fee of $3,000-$8,000 each to work abroad.

Only 8 per cent of the savings were used to do business or to continue studying or training.

The report also showed about 80 per cent of returning contract workers got jobs on returning to Viet Nam, but the jobs were mostly manual labour.

Around 200,000 Vietnamese workers are currently contracted in Malaysia, Japan, Taiwan and South Korea, accounting for 40 per cent of the total of employees working in 40 countries and territories worldwide. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

President leads tribute to war hero who stood up to colonialism 1    President leads tribute to war hero who stood up to colonialism

President Truong Tan Sang yesterday attended a ceremony marking the 150th anniversary of the death of Truong Dinh, a national hero in the war against the French, in the Mekong Delta province of Tien Giang.

Viet Nam topple Japan in int'l Robocon finals Viet Nam topple Japan in int'l Robocon finals

The Lac Hong University Robocon team yesterday triumphed over their Japanese rival to take out this year's International Robocon contest in Pune, India.

How to eat to beat the heat: lessons from Asian tradition 2    How to eat to beat the heat: lessons from Asian tradition

At a recent English conversation get-together, I chose the topic - How to beat the heat? I also chose a second topic - Ways to calm down when one gets hot-headed.

Government refuses to give preferential policies to Vinalines in debt restructuring Government refuses to give preferential policies to Vinalines in debt restructuring

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

Vietnamese lions to roar again Vietnamese lions to roar again

In the near future, foreign-style stone lions with fierce looks, large paws and sharp teeth are expected to be removed from relics, pagodas and temples throughout the country.