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Day: September 16, 2024

Human Resources in Vietnam: Ultimate Guide 2024

Vietnam’s human resources landscape is undergoing significant transformation as the country integrates more into the global economy. With rapid economic growth, companies are increasingly focused on strategic HR management to align with both local and international standards. With all of this in mind, this article looks at the key human resources related factors foreign firms should be aware of when operating in Vietnam.

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Labour Contracts in Vietnam: Ultimate Guide 2024

In Vietnam, labour contracts are governed by the Labour Code, which establishes the rights and obligations of both employers and employees. Labour contracts must be clearly defined and meet specific legal requirements to ensure the protection of both parties. Here is a detailed overview of the key elements of labour contracts in Vietnam:

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Electricity production in Vietnam up 2.1 percent in August over July

Of note, the bulk of that power has come from burning coal with hydropower plants being used as back up in order to avoid the power outages that plagued the northern provinces last year. Coal production in Vietnam, however, has fallen this year by about 12.3 percent. Consequently, there has been a spike in coal imports this year of 32.7 percent by value and 16 percent by volume.

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Vietnam Ministry officially tasked with researching nuclear power for Vietnam

Of note, during Vladimir Putin’s brief two-day visit to Hanoi last week back in June, the Russian president oversaw the signing of a memorandum of understanding between Russia’s Rosatom State Nuclear Energy Corporation and Vietnam’s Ministry of Science and Technology. If realised, the agreement would see the former assist the latter to establish a Nuclear Science and Technology Center in Vietnam with a Russian nuclear reactor…

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