LABOUR EXPORT RESTRICTION EXACERBATED
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is again facing fears of not being able to meet its target of sending 90,000 workers to work abroad in 2021. According to the Vietnam Labour Export Association, Vietnam sent just over 29,500 workers to 17 countries and territories in the first quarter of 2021, around 2,500 less than in the same period last year.
LABOR PRODUCTIVITY - IMPORTANT FACTOR FOR GROWTH
Vietnam has not yet experienced a real productivity growth phase, which is a key factor for an economy to rise to high-income status, according to the Vietnam Productivity Report jointly conducted by the Vietnam Institute for Economic and Policy Research (VEPR), the University of Economics and Business (Vietnam National University of Hanoi, and the National Graduate Institute for Policy Studies of Japan.
MINIMUM WAGE ASKED TO REMAIN UNCHANGED
In documents sent to agencies for proposals on the regional minimum wage to report to the Government, the ministry said the National Wage Council agreed not to increase the minimum wage this year.
LABOUR MARKET FACES MOUNTING CHALLENGES
Vietnam is becoming an attractive destination for foreign investors as several of the world’s largest technology corporations plan to shift their production chains to Vietnam, leading to certain changes in the structure and productivity of the labour market.
ADVANCED LABOUR CODE DISMAYING FOREIGN EMPLOYERS
As soon as the new law came into force in early January, a great number of employers, especially foreign-invested enterprises (FIEs), displayed their dissatisfaction with Article 32.3 which stipulated that part-time employees shall be entitled to receive rights and obligations equal to those of full-time employees, including in equal opportunities, safety, and hygienic working environments.
JOB MARKET EXPECTED TO PICK UP IN 2021
The job market will slightly pick up in 2021, with more recruitment demand for employees in manufacturing, IT, banking, and insurance industry, according to a report on the middle and senior recruitment demands in Vietnam by Navigos Vietnam.
GOV’T ISSUES DECREE ON FOREIGN WORKERS IN VIET NAM
The Government has issued Decree No.152/2020/ND-CP regarding foreigners working in Viet Nam and recruitment and management of Vietnamese working for foreign organizations and individuals in Viet Nam.
ILO WELCOMES NEW LABOUR CODE
The International Labour Organization (ILO) has welcomed the new rights of workers and employers in Việt Nam from January 1 as the revised Labour Code adopted in 2019 takes effect.
