Home / Knowledge / News / Textiles / 300,000 workers may lose jobs in 2009 – Labour Ministry report
300,000 workers may lose jobs in 2009 – Labour Ministry report
27
Mar '09
Vietnam Ministry of Labour has just released its current forecast report which reveals that during 2009, there is a probability that around 300,000 workers could be laid-off and face the prospects of being unemployed.

According to the report, in January 2009 alone, nearly 85,000 workers got marching orders, 40,000 workers were working on reduced hours and 20,000 workers face the scenario of being temporarily unemployed.

The main point to note, according to the report prepared by the ministry is that, most of the lay-offs will take place in labour intensive and export oriented industries like textile, garments, footwear, electronics and handicrafts.

To deal with this gargantuan crisis, the Vietnamese government has approved a national program to generate employment by sanctioning VND 600 billion to support the unemployed people and help the struggling enterprises to survive.

Fibre2fashion News Desk - Vietnam


Must ReadView All

GST Council allows ITC refund to fabrics

Textiles | On 23rd Jul 2018

GST Council allows ITC refund to fabrics

The Goods and Services Tax (GST) Council at its 28th meeting held...

GST slashed on Chenille fabrics, knitted cap to 5%

Textiles | On 23rd Jul 2018

GST slashed on Chenille fabrics, knitted cap to 5%

The Goods and Services Tax (GST) on Chenille fabrics and other...

Courtesy: Pixabay

Textiles | On 23rd Jul 2018

Pakistan's textile exports up 8.67% in 2017-18

The value of textile and garment exports from Pakistan increased by...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Urmil Arya

Sushila International, a well established textile organisation established ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search