Vietnam’s leading recruiting firm Navigos Group and US law firm
Russin & Vecchi jointly released the Vietnam Employment Manual on
Sept. 8.
The manual is provided free of charge to
help employers, especially those of foreign-invested businesses, to
understand and apply the complex and often confusing labour regulations.
“We believe it’s an essential guide for any company
operating in Vietnam or planning to start a business in Vietnam,”
said Navigos Group Managing Director Nguyen Thi Van Anh and Russin
& Vecchi Managing Lawyer Sesto Vecchi.
“Vietnamese labour law continues to develop,” said Anh, adding that
however, some labour law regulations remain ambiguous. Understanding
labour regulations and applying them correctly can help to avoid
disputes and improve employee retention, she added.
According to a recent survey conducted by Navigos Group, almost 80
percent of more than 14,000 surveyed people asserted that they would not
join a company if they know that company violates the labour law.
Another survey revealed that 87 percent of over 8,000 surveyed people
believe their company does not properly apply 100 percent labour laws.
These findings indicate that compliance with labour laws should be taken
into account in developing talent retention strategies.
Businesses failing to abide by labour laws, especially working hours
and wages, have caused labour disputes and rising strikes.
The Ministry of Labour, War Invalids and Social Affairs reported that
there were 216 strikes nationwide last year and more than 200 cases in
the first seven months of this year./.
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