Social security in Vietnam is a comprehensive system designed to provide financial support and protection to individuals and families against life’s uncertainties, such as illness, unemployment, and old age.

Human Resources in Vietnam: Ultimate Guide 2024

the-shiv September 16, 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.

Labour Contracts in Vietnam: Ultimate Guide 2024

the-shiv September 16, 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:

Public Holidays in Vietnam 2025 for Foreign Firms

the-shiv August 6, 2024

Like most countries in the world, Vietnam has a number of public holidays. These are codified in the Labour Code 2019 under Chapter 7, Section 2, Article 112. This cheat sheet provides an overview of Vietnam’s public holidays including their length and the dates they fall on in 2025. For details regarding overtime rates and other leave entitlements that may apply on these public holidays see Vietnam’s Labour Code for Foreign Firms in 2025.

Vietnam PM suggests foreign workers for executive roles at state-owned enterprises

the-shiv June 17, 2024

In the past the leaders of SOEs have always been members of the Communist Party of Vietnam which has significantly reduced the talent pool from which to draw–there are currently only a little over 5 million members of the party or around 5 percent of the population. This also leaves these positions open to being filled through political jostling and networking often connected to seniority and an individual’s position within the party more broadly, rather than merit and qualifications…

Adidas, New Balance suppliers struggling to find workers in southern Vietnam

the-shiv June 11, 2024

Some of the challenges raised in this article, with respect to hiring workers, is that workers have more job options other than factory work, workers no longer need to move to population centres with many manufacturing operations opening in tier two cities and provinces, and workers that moved back to their hometowns during the COVID-19 pandemic have still not returned on the back of the general uncertainty that the pandemic created.

Vietnam’s Labour Law for Foreign Firms in 2024: Quick Read

the-shiv June 5, 2024

The most recent iteration of Vietnam’s Labour Law, the Labour Code 2019, contains details on hiring and firing, employee leave entitlements, and regulates working hours and overtime. The Labour Code, however, is quite dense and can be quite nuanced. In light of this, this Quick Read runs through the most important parts and should hopefully provide the key details foreign firms, that are looking to establish a business in Vietnam, might need…

Vietnam Visas for Doing Business in Vietnam: Ultimate Guide 2024

the-shiv June 5, 2024

Visas in Vietnam are codified in the Law on Entry, Exit, Transit, and Residence of Foreigners in Vietnam. This law can be very nuanced and it is not unusual for interpretations of the law to differ between provincial immigration departments. That said, this Quick Read runs through the basics a foreign firm or individual would need to know in most normal circumstances including the types of visa, the length of stay, and how to apply for a visa in Vietnam.

Vietnam gains three points in English proficiency rankings

the-shiv December 15, 2023

Education First’s English Proficiency Index has found a slight improvement in English levels in Vietnam in 2023, VietnamNet is reporting. The report found the highest levels of English in the Red River Delta around Hanoi and that it sits around the middle among its key foreign direct investment competitors in

ManPower Group exec on Vietnam’s HR landscape

the-shiv September 14, 2023

The Investor is carrying an interview with Simon Matthews, regional manager of workforce solutions company ManpowerGroup Vietnam (MPGV), Thailand, and the Middle East. He says: Vietnam needs to improve its English language proficiency; That 30 percent (120) of the 400 roles MPGV filed in the first six months of this