Vietnam's latest labour rule changes bring various benefits
to employees, but how will they affect companies doing business in
the country?
In late August, the Vietnam Business Forum arranged a dialogue with
the Ministry of Labor, Invalids and Social Affairs (MOLISA) to discuss pending and newly arisen
labour issues at the Annual Vietnam Business Forum 2016 in Hanoi,
Vietnam. Here are some of the key issues discussed and their impact
on doing business in the country.
1. Minimum salaries
According to the MOLISA, minimum salaries in certain working regions will be increased to
the range of VND180,000 to VND250,000 (approximately US$8 to US$12)
in 2017.
A new decree on the change will be issued soon; employers should
be aware of, and well prepared for, their human resources budget
for 2017.
