Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Friday, August 19, 2022
Tags: wage levels
Developing processing and manufacturing industry in Vietnam: perception and policy orientation Developing processing and manufacturing industry in Vietnam: perception and policy orientation
Dr. Tran Tuan Anh Member of the Party Central Committee Minister of Industry and Trade Contributions of the processing and manufacturing industry to GDP and job creation The gross domestic product (GDP) of a country is structured from different economic activities, which are normally grouped into three main economic sectors: agriculture, industry-construction and service. Agriculture and industry-construction create tangible products while services generate intangible ones. Tangible and intangible products are closely inter-related according to value chains and both bring about value for the economy. A value chain is a chain of operations that converts an idea into a specific product. After a product goes through a certain operation process, its value further increases.
Official Gazette issues Nos 109-111/2019 coming out on February 11 2020 Official Gazette issues Nos 109-111/2019, coming out on February 11, 2020
Revising the Labor Codes provisions on wages: Does minimum wage mean living wage? Revising the Labor Code’s provisions on wages: Does minimum wage mean living wage?
The draft revised Labor Code, which is expected to be passed by the National Assembly this October, contains several noteworthy amendments to the current regulations on wages.
Official Gazette issues Nos 133-135/2018 published on March 14 2019 Official Gazette issues Nos 133-135/2018, published on March 14, 2019
Wage regulations reformed to suit market mechanisms Wage regulations reformed to suit market mechanisms
Businesses would likely narrow the pay gap among employees and recalculate wage scale based on productivity at work instead of seniority.
Official Gazette issues Nos 9-12 October 2017 coming out on January 17 2018 Official Gazette issues Nos 9-12 October 2017, coming out on January 17, 2018
Official Gazette issues Nos 1-3 November 2016 released on January 23 2016 Official Gazette issues Nos 1-3 November 2016, released on January 23, 2016
Documents issued from November 9 thru 15 Documents issued from November 9 thru 15
From November 9 thru 15, ten documents were issued.
More specific regulations to protect housemaids More specific regulations to protect housemaids
Decree No. 103/2012/ND-CP: Region-based minimum wage increased Decree No. 103/2012/ND-CP: Region-based minimum wage increased

Video

Vietnam Law & Legal Forum