Vietnam’s leading recruiting firm Navigos Group and US law firmRussin & Vecchi jointly released the Vietnam Employment Manual onSept. 8.
The manual is provided free of charge tohelp employers, especially those of foreign-invested businesses, tounderstand and apply the complex and often confusing labour regulations.
“We believe it’s an essential guide for any companyoperating 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 thathowever, some labour law regulations remain ambiguous. Understandinglabour regulations and applying them correctly can help to avoiddisputes and improve employee retention, she added.
According to a recent survey conducted by Navigos Group, almost 80percent of more than 14,000 surveyed people asserted that they would notjoin a company if they know that company violates the labour law.Another survey revealed that 87 percent of over 8,000 surveyed peoplebelieve their company does not properly apply 100 percent labour laws.These findings indicate that compliance with labour laws should be takeninto account in developing talent retention strategies.
Businesses failing to abide by labour laws, especially working hoursand wages, have caused labour disputes and rising strikes.
The Ministry of Labour, War Invalids and Social Affairs reported thatthere were 216 strikes nationwide last year and more than 200 cases inthe first seven months of this year./.
The manual is provided free of charge tohelp employers, especially those of foreign-invested businesses, tounderstand and apply the complex and often confusing labour regulations.
“We believe it’s an essential guide for any companyoperating 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 thathowever, some labour law regulations remain ambiguous. Understandinglabour regulations and applying them correctly can help to avoiddisputes and improve employee retention, she added.
According to a recent survey conducted by Navigos Group, almost 80percent of more than 14,000 surveyed people asserted that they would notjoin a company if they know that company violates the labour law.Another survey revealed that 87 percent of over 8,000 surveyed peoplebelieve their company does not properly apply 100 percent labour laws.These findings indicate that compliance with labour laws should be takeninto account in developing talent retention strategies.
Businesses failing to abide by labour laws, especially working hoursand wages, have caused labour disputes and rising strikes.
The Ministry of Labour, War Invalids and Social Affairs reported thatthere were 216 strikes nationwide last year and more than 200 cases inthe first seven months of this year./.
