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

China continues East Sea aggression China continues East Sea aggression

China continued to maintain its illegal presence and aggression in Vietnamese waters yesterday as more condemnation of its actions came from US and Philippine officials.

Single father's formula for mother's milk 4    Single father's formula for mother's milk

The baby began to cry just as the taxi started moving.Trinh Tuan was at a loss. He had no previous experience of taking care of any baby, and here he was, alone with his 14-day-old baby daughter for the first time, going home from the Tu Du Hospital in HCM City.

BIDV funds $53 million road in Laos 1    BIDV funds $53 million road in Laos

The Bank for Investment and Development of Viet Nam (BIDV) will lend US$53.16 million to Laos to help the country build a road in its northern province of Houaphanh.

Delta faces major water crisis Delta faces major water crisis

More efforts must be made to efficiently manage and use scarce water resources of the Mekong River as climate change and rapid development to produce electricity have threatened its sustainability.

Three guys, one camera, an Irish goal Three guys, one camera, an Irish goal

It has been difficult getting back to normal life for Iain McNamara and his peers after their one-year trip through 22 countries.