Vietnam Labourers Abroad Annually Remit Home $3 Billion

The amount of foreign currency sent home annually by Vietnamese workers in other countries is estimated at $3 billion on average, heard a policy consultation workshop on “the role of the trade unions in promoting fair recruitment and decent work for overseas migrant workers.”

According to a news report in Lao Dong newspaper, some 500,000 Vietnamese people are working overseas under employment contracts. Last year alone, some 134,000 domestic labourers went abroad for guest work.

At the workshop held on June 18 in Hanoi City by the Vietnam general Confederation of Labour (VGCL), the International Labour Organisation (ILO) and the Asia Foundation (TAF), VGCL vice Chair Tran Van Ly said, in addition to earning incomes for themselves, Vietnamese guest workers have greatly contributed to the economic development of Vietnam and the countries where they work.

However, they also face challenges and risks, though trade unions, which are in charge of protecting labourers’ legitimate rights and benefits, have prioritised their focus on the jobs, incomes and rights of Vietnamese workers overseas. The trade unions have ensured fair recruitment practices and good jobs for the workers and have supported them in re-entering the local labour market when they terminate their overseas employment contracts.

Over the past few years, local trade unions have proactively cooperated with Japan, South Korea and Malaysia to protect the rights and interests of Vietnamese guest workers in these countries and have coordinated with State agencies and nongovernmental organisations to send local labourers abroad for work.

With the technical and financial support of ILO and TAF, these jobs have been promoted.

Ly stressed that the workshop is aimed at strengthening the coordination of the relevant agencies in ensuring the rights of Vietnamese guest workers in line with the International Convention on the Protection of the Rights of All Migrant Workers and Members of their Families, approved in 1990.

Trieu Thi Thiet, a Vietnamese guest worker, told the workshop her story, claiming she had to ask for a VND260 million loan to pay for fees to secure a job in a plastic company in Japan. However, the working conditions differed from those promised by the labour export firm.

She had to work 10 hours instead of eight hours each day to be paid VND26 million per month, instead of the VND33 million expected. In particular, she was blamed for others’ faults due to language barriers.

She later escaped the company and returned to Vietnam in 2016.

Thiet advised Vietnamese workers intending to go abroad for guest work to carefully evaluate information provided by labour export firms and to work only with prestigious ones. She also proposed setting up trade unions in foreign countries to protect Vietnamese labourers.

http://english.thesaigontimes.vn/60698/vietnam-labourers-abroad-annually-remit-home-us$3 billion.html

 

Category: Finance, Vietnam

Print This Post

RECENT NEWS

Reference Exchange Rate Down 5 VND On August 27

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on Aug... Read more

VietCapital Bank Submits To Issue 38m Shares

Intellasia East Asia News Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) (UPCoM: BVB) had just released ... Read more

Payment Via Mobile Banking Increases By Nearly 180pct In H1

Intellasia East Asia News Sharing at the workshop on “Promoting non-cash payments in businesses” held by Dien dan ... Read more

Banks Heat Up Digital Transformation Race

Intellasia East Asia News The 4.0 Industrial Revolution is making a comprehensive change to the way of providing produ... Read more

Outlining Deep Scrutiny Of HSBC Vietnam Bond Activity

Intellasia East Asia News Vietnam’s corporate bond market presents a good channel for capital mobilisation, even if ... Read more

VIB Prepares For The Unusual General Meeting Of Shareholders

Intellasia East Asia News The Board of directors of International Commercial Bank (VIB) has just announced a resolutio... Read more