labour
The Labour category covers employment trends, workforce development, and labour market policies. It explores minimum wage laws, employee rights, skills training, and remote work trends, providing insights into talent acquisition, corporate HR strategies, and economic impacts on labour markets.
Cutting the 48 hour work week back in the news in Vietnam
Overtures have been made by the Vietnam General Confederation of Labour–the VGLC–to the Ministry of Labor, War Invalids and Social Affairs to reduce standard working hours below the current 48 hours a week. This was announced back in January, however, in recent weeks the idea has gained traction with local
Reports workers are resigning in anticipation of changes to social security
Worker retention has become a problem at some firms in Vietnam due to pending changes to the ability to access social insurance before retirement. Currently, workers can choose to take a one-time payout if they are out of work for more than a year. There have, however, been reports that
Analysis of Vietnam’s approach to trade union reforms per the EVFTA/CPTPP
DW is carrying this analysis of Vietnam’s approach to ratifying the UN International Labor Organization’s Convention 87 which would allow independent trade unions in Vietnam. Of note, it carries comments from Joe Buckley, a researcher specialising in labour and development in Southeast Asia. He points out that Vietnamese law makes
Vietnam set to ratify key UN trade union convention this year
Vietnam is set to ratify the UN’s Freedom of Association and Protection of the Right to Organise Convention this year, Reuters is reporting citing UN officials and diplomats.This would essential give workers the right to organise their own trade unions independent of the government–currently, all trade unions must be affiliated
Vietnam to see minimum wage hike from July 2024
Vietnam’s National Wage council has approved a 6 percent pay raise for Vietnam’s minimum wage workers from July 1, 2024, VN Express is reporting. The Vietnam General Confederation of Labor had been pushing for between 6.48 percent and 7.3 percent whereas the Vietnam Chamber of Commerce and Industry, a peak
Claims for unemployment benefits in HCMC fall in November
Only 13,300 people were registered to receive unemployment benefits in HCMC in November, a drop of nearly 25 percent from June, VN Express is reporting. The publication is saying that this is a sign that the wave of layoffs that have plagued the manufacturing sector may have slowed this year.
Vietnam football club fails to pay staff, players for months
The Ho Chi Minh City Football Club has failed to pay staff and players to the tune of US$1.23 million, VN Express is reporting. The publication is reporting that this sum is made up of salaries and bonuses and dates back as far as last year. Why it matters: This
Survey finds 2023 salary increase in Vietnam of 7.5 percent
Aon’s 2023 Salary Increase and Turnover Report has found that Vietnam has seen an actual salary increase of 7.5 percent this year, Human Resources Online is reporting. The report also found an expected increase in 2024 of 8 percent and says that tech sector wages in Vietnam are expected to
Vietnam tech workers laid off on low demand, lack of skills
Vietnam’s tech sector has been hit with a wave of layoffs on the back of reduced demand but also a lack of skills, VN Express is reporting. It’s quoting data from TopDev which found that almost 90 percent of companies were looking to recruit less than 50 programmers this year,
Skilled labour needed for high-tech manufacturing boom, still a ways away
‘Experts’ are calling for a comprehensive investment strategy to encourage university students to enrol in STEM subjects, Vietnam Plus is reporting. The percentage of students enrolled in STEM subjects in Vietnam in 2021 was 28.7 percent compared to 46 percent in Singapore, 50 percent in Malaysia, 35 percent in South
Lunar New Year public holiday in Vietnam to be held February 8 to 14
That is from the Thursday before the actual Lunar New Year to Wednesday of the week after, as reported by Vietnam Plus. Note that the five public holidays legislated for the Lunar New Year (Tet) in Vietnam are at the discretion of the government and change every year. Also, it’s
Barely a quarter of Vietnam’s workforce has a degree, formal qualifications
Just 14 million or 26.8 percent of Vietnam’s workforce have a degree or formal qualifications, Doanh Nhan Saigon is reporting. A further 33 million workers or 66.6 percent of the workforce are also employed in informal work–subsistence farming for example. This suggests that low-cost labour may be an option for
Labour lawsuit brought against Vietnam Cinema chain by expat employee dismissed
A wrongful termination lawsuit raised against Vietnam cinema chain CGV by a British ex-employee has been dismissed by a court in Ho Chi Minh City, VN Express is reporting. Why it matters: Of particular interest in this case is that it has taken eight years since the court agreed to
Vietnam’s low labor costs, economic resilience most important for foreign firms?
VN Express is carrying the outcomes of a HSBC survey that found low labor costs and economic resilience the two main reasons businesses considered Vietanm in their expansion plans. There is, however, no mention of tax incentives in either the article or HSBC’s original press release. Note: Tax incentives can
ManPower Group exec on Vietnam’s HR landscape
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
What Vientamese workers want in 2023: Decision Lab, The Sentry
Co-working space, The Sentry, and market research firm, Decision Lab, have released a report on what Vietnamese employees are looking for in their employers. For Gen X its learning opportunities for Gen Y is money which fits with broader observations of younger people have greater flexibility and older people have
In today’s Vietnam news: Offshore wind development, PM public holiday powers extension proposed, Cybersecurity firm identifies VN hack, HoSE liquidity lowest level since April
In today’s Vietnam news: Push for removal US D1 D3 export control lists, Coal output increase approved, Philippines-Vietnam integration challenges, Renewables development, M&A transactions
In today’s Vietnam news: DPPA hurdles, Canada-Taiwan renewables investment in VN, Progress report on US aircraft / engine deals requested, Tech development plan, VinHomes
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It