Magazine article Personnel Journal

HR in Vietnam: An Overview

Magazine article Personnel Journal

HR in Vietnam: An Overview

Article excerpt

With the trade embargo lifted earlier this year, many companies are looking overseas to Vietnam for new business opportunities. But with the complicated labor laws and lack of skilled workers, human resources can become quite nettlesome. Hewitt Associates conducted a research trip to Ho Chi Minh City to identify specific HR issues. Here's a summary of their findings:

* Recruitment: Although there is a mass of cheap, unskilled labor in Vietnam, professionals are in a shortage. However, the multinational companies Hewitt interviewed reported a very low turnover among this group despite intense competition. Instead, other factors such as company prestige and a good work environment were key to attracting and retaining good employees.

* Employment Practices: Overtime and night shiftwork are paid an additional 50% premium above regular wages. Total overtime for the year can't exceed 150 hours.

Companies may terminate a worker's employment for a number of causes, such as shirking of an employee's contracted duties, voluntary absence without reasonable justification for a total of three days a month or 10 days a year, or an employee being disabled for more than six months. …

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