VCCI release incomes by sector 2014
Banking, finance and insurance employees had the highest income across all sectors in Vietnam in 2014, with an average income of about 195 million VND (8,660 USD) per year.
A local bank's transaction office (Photo: enternews.vn)Hanoi (VNA) - Banking, finance and insurance employees had the highest income across all sectors in Vietnam in 2014, with an average income of about 195 million VND (8,660 USD) per year.
The Vietnam Chamber of Commerce and Industry (VCCI) announced the figure in the Vietnam Annual Business Report 2015, which it released at a business forum in Hanoi on April 13.
Information and communications employees were the runners-up with an average income of 140 million VND per year. They were followed closely by employees involved in the production and distribution of electricity, gas, steam and air-conditioners, with an average income of 135 million VND per year.
The income of workers in the manufacturing sector averaged 68 million VND per year, higher than the 53 million VND average in the agriculture-forestry-aquaculture sector.
Overall, the average annual income of labourers nationwide grew from 28 million VND in 2007 to 74.6 million VND in 2014.
The VCCI study also reported an increase of 2.5 times in the average turnover per labourer for all businesses in Vietnam during 2007-15.
The average turnover rose from around 482 million VND in 2007 to roughly 1.2 billion VND in 2015, equivalent to an average growth rate of 12.1 percent per year.
In 2014, the average turnover per labourer of electricity, gas, steam and air-conditioner producers and distributors reached about 4.3 billion VND per year, topping all sectors.
Wholesale, retail and motorcycle repair ranked second with an average turnover of some 3.1 billion VND per labourer per year.
Ore mining ranked third with an average turnover of 2.2 billion VND per worker per year, followed closely by banking and finance with more than 2 billion VND per employee per year.
The average turnover in banking and finance has declined continuously during the 2012-14 period, after previously taking our the top position for a number of years.-VNA
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