consequently, they can't control their production plan and labour price for making garments is limited by foreign partners (the labour cost of 1995 is equal to 65-70% of that in 1991-1992). due to the very nature of the industry, the average wage of those working in this branch is only about VND 400000 per month. Under the current fierce competition, the amount of 15% of total wages for, if the proposed social insurance scheme comes into effect, will push up production costs to very high levels, making it difficult for Vietnamese ventures to compete effectively and occupy the market
To help private textile embroidery businesses survive, Mr.Nam has suggested, the State should amend the contribution rate of non-State ventures to Social Insurance schemes, as follows:
social insurance: 10% by enterprise, 3% by employee
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