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Labour market indicators
Unemployment rate in
n.c.
:
n.c.
(ILO data)
Working population:
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Year
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Total Population
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Working population
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Activity rate
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2004
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82 162 088
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43 983 008
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54%
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Employment by sector:
|
Year
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Agriculture
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Industry
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Services
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2003
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59.7%
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16.4%
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23.9%
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| Sources: ILO, Eurostat, last available data |
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Employment contracts
Employment contracts are regulated by law.
The terms of employment contracts are rigid. The conditions for dismissal are simplified.
Salaries
National monthly minimum wage as of
01/01/03
:
The official monthly minimum wage for foreign-investment joint ventures is $45 (674,820 dong) in Hanoi and HCMC, and $40 (599,840 dong) elsewhere. The Government can exempt temporarily certain joint ventures from paying the minimum wage during the first months of an enterprise's operations or if the enterprise is located in a very remote area, but the minimum wage in these cases can be no lower than $30 (449,880 dong). The official monthly minimum wage is $12 (180,000 dong) outside the foreign-invested joint venture sector
Social security contributions
Employer:
15 %.
Employee:
5 %.
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Number of hours
Legal definition of full time work (per week):
The Government set the workweek for government employees and employees of companies in the state sector at 40 hours and encouraged the private business sector and foreign and international organizations that employed local workers to reduce the number of hours in the workweek to 40 hours, but did not make compliance mandatory.
Retirement age:
55 for women and 60 for men.
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Unions
Average rate of union membership:
This rate has not been calculated.
Unions:
In Vietnam, the Worker General Confederation co-ordinates provincial and local trade unions and represents 18 sectors.
Useful links
For further informations on the labour market, check out the following web sites:
- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets
- NATLEX : ILO database on national labour laws
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Last modified in
January 2006
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