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

VN committed to realising TPP VN committed to realising TPP

Deputy Prime Minister Vu Van Ninh reiterated Viet Nam's commitment to negotiating and realising the terms of the Trans-Pacific Partnership (TPP) for the benefit of all TPP members while meeting US Under Secretary of Commerce for International Trade Stefan M. Selig yesterday in Ha Noi.

VN Railway Authority head found dead VN Railway Authority head found dead

Director of Viet Nam Railway Authority Nguyen Huu Thang was found dead in his office yesterday in Ha Noi.

Student looks to improve traffic 3    Student looks to improve traffic

South Korean high school student Chihyun Ryu has spent her time in Ha Noi over the last three and a half years walking around Hoan Kiem Lake, and riding on the back of her father's motorbike taking videos of the chaotic traffic.

Talented ‘stage magician' tells story in memoir Talented ‘stage magician' tells story in memoir

Artist Thanh Loc will begin his five-city tour tomorrow in HCM City to launch his newly published memoirs.

Viet Nam sit at 137th in world football rankings Viet Nam sit at 137th in world football rankings

Viet Nam jumped up four steps in international football rankings, according to FIFA's latest list.