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Inflation forces footwear workers to wage a strike
22 May '08
1 min read
Nearly 1,200 workers were on strike on May 20 at the footwear plant of Sao Vang factory in the northern port city of Hai Phong.
Their grievances were against the company which could not meet their demands of higher wages emerging from hike in costs brought about by inflation. A wave of strikes has hit Vietnam this year, where consumer prices rose more than 21 percent year-on-year in April.
Workers walked off on Monday, demanding that the management raise their pay. However, most of them returned to work the next day.
The present wage stands at US $50 (VND800,000) per worker which the management planned to increase to about $75, but the workers asked for more. Besides, the current monthly wage is already about 38 percent higher than the government-set minimum wage for workers at Vietnamese owned firms.
The company, which is based in Hanoi, specializes in producing footwear and exports most of its products to Europe and countries in Asia.
Their grievances were against the company which could not meet their demands of higher wages emerging from hike in costs brought about by inflation. A wave of strikes has hit Vietnam this year, where consumer prices rose more than 21 percent year-on-year in April.
Workers walked off on Monday, demanding that the management raise their pay. However, most of them returned to work the next day.
The present wage stands at US $50 (VND800,000) per worker which the management planned to increase to about $75, but the workers asked for more. Besides, the current monthly wage is already about 38 percent higher than the government-set minimum wage for workers at Vietnamese owned firms.
The company, which is based in Hanoi, specializes in producing footwear and exports most of its products to Europe and countries in Asia.
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