News & Events
Disadvantaged laborers given help to work abroad
(VBSP News) Thanks to a number of support policies of VBSP, hundreds of disadvantaged laborers in the country had more opportunities to work abroad.
Disadvantaged laborers who want to work abroad are provided loans and consulting services from VBSP
Mr. Duong Quang Ngoc, Deputy Director of the provincial Department of Labor, Invalids and Social Affairs, said the province had issued a number of policies to support local workers going abroad. “Supporting labor export activity is part of the province’s efforts to reduce poverty” he said.
Those who want to work abroad can access financial inclusion service from VBSP - Trà Vinh Branch, with a maximum amount of VND 150 million (US$6,450). Payment will be made for part of the fees for vocational training courses, foreign language courses, expenses for meals during study, and administrative procedures that need to be completed (criminal records, passports and medical examinations). The department has introduced reputable labor-export companies and relevant agencies to laborers, and has worked closely with labor-export companies to protect the legal rights of laborers working abroad. “The laborers will be given support to deal with risks and difficulties while working abroad” Mr. Ngọc said.
Last year, over 600 local residents were sent to work abroad, reaching 173 per cent of last year’s target. Of the figure, more than 530 people were sent to Japan. “People working abroad have higher incomes and better working conditions,” Mr. Ngọc said. As a result, the lives of their families have improved significantly.
An unskilled Vietnamese laborer working in Japan can earn an average monthly income of VND 28-30 million ($1,205-1,295), while a skilled or highly-skilled laborer can earn VND 37million ($1,595) per month. Moreover, after completing their contracts and returning home, laborers working abroad can be hired at foreign-invested companies with high salaries.
In the south-central province of Ninh Thuan, the number of laborers sent abroad has increased in recent years. The province has provided laborers with information related to labor markets and labor export requirements, loans, and vocational training. This was the third consecutive year that the number of guest workers exceeded the province’s targets, Mr. Tran Van Trua, Deputy Director of the provincial Department of Labour, Invalids and Social Affairs, said.
Last year, the province sent 210 people abroad, surpassing the year’s plan by 40 per cent. Local authorities opened many job fairs and consulted candidates who wanted to work overseas, offering opportunities to 2,500 local job seekers. It also created jobs for over 17,100 laborers last year. “Most of our laborers have stable incomes” Mr. Trua said. Many laborers sent money to their families and relatives for expanding production scale, building new houses, and buying new household appliances, he said.
Work abroad has helped reduce the poverty rate and contributed to the province's socio-economic development. “However, the number of laborers going to work abroad hasn't been commensurate with the province’s potential” Mr. Trua said.
Consultation is provided for people interested in overseas jobs to help them know their rights and obligations, as well as laws, procedures, and incentive policies. VBSP in Ninh Thuan Province said it would continue to grant VND 2 billion ($86,520) in providing loans every year to needy people who want to work abroad. The loans are provided to poor and near-poor people, ethnic minority people, relatives of people who have provided meritorious service to the revolution, and people who have completed their military services.
vietnamnews.vn
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Part 3 - The Journey of Spreading Love
- Part 2 - Building Trust, Multiplying Happiness
- The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation)
- Part 3 - Building sustainable new countryside
- Part 2 - Devoting passion to helping people
- The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity)
- VBSP’s inclusive finance helps farmers get rich
- Drug-detoxified people are supported to borrow loans from VBSP
- Having a better life thanks to VBSP inclusive finance
- VBSP loans reaching to Ninh Thuan province
- VBSP loans reaching to the coastal region in Vietnam
- Efficiency from inclusive finance in Bac Giang province
- A successful customer story in De Sua village
- Over 4.3 million women access inclusive financial services from VBSP – Advancing women’s empowerment and gender equality
- Newsletter Vol 15
- Effectiveness of inclusive finance in Dak Lak province
- The Cuban Central Bank President visits and works with the Vietnam Bank for Social Policy
- The opportunity for individuals who have completed their prison sentences
- Summary of the Digital Education Program for Vulnerable Groups in Vietnam
- Part 4 - Belief and Aspiration
- Part 3 - The Journey of Spreading Love
- Part 2 - Building Trust, Multiplying Happiness
- The Mark of People-Centered Policies (Part 1 - A Lever for Sustainable Poverty Alleviation)
- Part 3 - Building sustainable new countryside
- Part 2 - Devoting passion to helping people
- The vitality of Tra Vinh (Part 1 - Mobilizing the strength of great solidarity)
LENDING INTEREST RATE
|
DEPOSIT INTEREST RATE
|