Vietnam’s national holidays and annual leaves can present significant complexities for businesses operating in the country. This guide aims to clarify the intricacies of Vietnam’s holiday and leave provisions, providing essential information for employers and HR professionals to ensure accurate and compliant practices. Holidays and Tet Article 112 of the Labor Code 2019 stipulates that…
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Introduction Article 93 of the Labor Code 2019 stipulates: Employers must develop salary scales, salary tables, and labor norms as a basis for recruiting, employing workers, negotiating wages according to the job or title stated in the labor contract, and paying wages to employees. Labor norms must be average levels that ensure the majority of…
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According to Official Dispatch No. 8662/VPCP-KGVX dated November 3, 2023, the Government Office approved the Ministry of Labor - War Invalids and Social Affairs' proposal for the 2024 Independence Day holiday. Prime Minister Pham Minh Chinh has confirmed that the holiday will extend from August 31, 2024, to September 3, 2024.
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When is the Mid-Autumn Festival 2024? Mid-Autumn Festival, also known as the Moon Festival or Children’s Festival, is a traditional holiday celebrated in many Asian countries, including Vietnam. It is typically held on the 15th day of the eighth lunar month. However, the exact date in the Gregorian calendar varies each year. In 2024, the…
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Understanding Minimum Wage The minimum wage is the lowest wage paid to employees performing the simplest jobs under normal working conditions. Additionally, it ensures a minimum standard of living for employees and their families, consistent with economic and social development conditions (Clause 1, Article 91, Labor Code 2019). Starting from July 1, 2024, the minimum…
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September 2nd, 2024 is approaching, and many of you are left wondering about the specific dates and length of their time off. Also, questions about overtime pay rates on the holidays and compensatory days are asked by both employers and employees. In this blog, we will provide you with a detailed holiday schedule for the 2024 Independence Day. We will also outline the employer's obligations to notify employees in advance, ensuring everyone is well-informed and prepared.
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Embracing Body Modifications in the Workplace Vietnam’s rapid economic growth has transformed its business landscape, creating new opportunities for both domestic and international companies. However, successfully navigating the Vietnamese market requires a deep understanding of local culture and workforce dynamics. A crucial aspect of doing business in Vietnam is fostering a supportive work environment. While…
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Introduction The International Labour Organization (ILO) notes significant labor market and social equity challenges in the Asia-Pacific region. Despite global economic recovery, job growth is moderate, and unemployment rates remain stable. This post examines the Vietnamese labor market in Q2 and the first half of 2024. Positive Aspects Increase in Labor Force In Q2 2024,…
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Summarize: Labor contracts in Vietnam are the cornerstone of the employer-employee relationship. They outline the agreed-upon terms and conditions, encompassing the rights and obligations of both parties. Understanding the key components of a labor contract is crucial for ensuring legal compliance and fostering a positive work environment. Essential Elements of a Labor Contract in Vietnam…
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Summarize Understanding Invalid Labor Contracts An invalid labor contract fails to meet legal requirements and lacks binding value for both the employer and employee from its inception. Key conditions for a valid labor contract include: Parties involved Principles of contract conclusion Form of the labor contract Content of the labor contract The 2019 Labor Code…
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