As a greater amount of foreign companies establish a business in Vietnam, a thorough knowledge of the country’s salary structure is vital to operate efficiently and to improve staff retention.
Vietnam Briefing offers a basic understanding of Vietnam’s business etiquette and culture, which can pave the way for better communication and successful agreements.
We discuss the grounds for termination and compliances that foreign investors should be aware of.
Vietnam Briefing discusses the new regulation on minimum basic salary as well as upcoming changes to social insurance contribution for foreigners.
Foreign investors should be aware of new labor outsourcing regulations which came into effect on May 5. Vietnam Briefing highlights five key reforms to Decree 29.
Vietnam has extended its e-visa program until 2021. We take a look at which nationalities are eligible and explain the application process.
From January 1, 2019, enterprises in Vietnam need to self- inspect for compliance of the labor law. Read more to know about the scope of the inspection, employer obligations, and procedures to conduct the annual inspection.
Vietnam has increased the minimum wage by 5.3 percent in 2019, its lowest compared to previous years. Read more to know about the regional minimum wages and how rising consumer prices can force further hikes in the near future.
Hiring mid-level managers is crucial for investors operating in Vietnam. Vietnam Briefing looks at the reasons why and what companies can do to retain qualified managers.
Vietnam’s average wages grew over 10 percent in 2017, with the private sector witnessing the highest growth, while the state-owned enterprises continue to have the highest salaries. Read more to know about the average wages, regional differences, the impact of FDI, and economic sectors with rising wages.