Introduction Navigating the complexities of payroll in Vietnam can be daunting for businesses, especially when it comes to understanding the SHUI system. SHUI, which stands for Social, Health, and Unemployment Insurance, is a critical component of the Vietnamese payroll system. Ensuring compliance with SHUI regulations is essential not only for legal reasons but also for…
Introduction Wages include the basic wage according to the job or title, wage allowances, and other additional payments. The wage allowance system significantly complements the job- or title-based wage system. The State’s regulations within this system ensure that all irregular and unstable factors in working and living conditions are adequately addressed, not fully considered in…
In an age where self-expression and bold fashion choices are often celebrated, the concept of “demure” seems to quietly stand apart. Understated, elegant, and modest, demure is more than just a trend—it’s a timeless approach to style that values subtlety and sophistication. But what does it mean to be demure in today’s world, particularly in…
Definition Wages are the money an employer pays an employee for completing their job duties. The law or the employment contract defines these duties. Clause 1, Article 90 of the 2019 Labor Code stipulates: “Wages are a monetary amount paid by an employer to a worker under an agreement to perform work, including remuneration that…
Vietnam’s National Holidays and Annual Leaves: A Guide for Employers Vietnam’s national holidays and annual leaves can present significant complexities for businesses operating in the country. This guide clarifies the intricacies of Vietnam’s holiday and leave provisions, offering essential information to help employers and HR professionals maintain accurate and compliant practices. Holidays and Tet Article…
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…
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.
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…
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.
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…
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,…
Vietnam Labor Contract 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…
