Nearly 22 mln Vietnamese see income drops due to pandemic

Update: 06:55 | 07/11/2020

The Covid-19 pandemic has brought down the incomes of 21.9 million Vietnamese and pushed unemployment to a 10-year high.

Nearly 22 mln Vietnamese, income drops, due to pandemic, unemployment rate, 10-year high, Covid-19 pandemic
Most Vietnamese expect increased incomes
A recent survey by French market research firm Ipsos has found 61 percent of respondents expecting their earnings to improve in the next six months.
 
Vietnam targets $5,000 per capita income by 2025
Over the next five years, Vietnam will strive for a 7 percent average GDP growth and a $5,000 per capita income.
 
Farmers’ income expected to reach VND55 million a year from the end of 2020
The Hanoi Farmers’ Association (HFA) held a conference in Hanoi on September 26 to commemorate the 90th anniversary of the establishment of the Vietnam Farmers’ Association and honour outstanding collectives and individuals of the 2015-2020 period.
 
Income tax cuts of 30% come into effect for small firms
The National Assembly’s resolution on reducing corporate income tax by 30% for small and medium-sized businesses came into effect on August 3.
 
VietGAP mango fetches high incomes for farmers in Kien Giang
The cultivation of Hoa Loc mango to Vietnamese good agricultural practices (VietGAP) standards provides steady outlets and incomes for farmers in Tho Son commune in Kien Giang province.
 
 
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