GOV’T ISSUES DECREE ON FOREIGN WORKERS IN VIET NAM
The Government has issued Decree No.152/2020/ND-CP regarding foreigners working in Viet Nam and recruitment and management of Vietnamese working for foreign organizations and individuals in Viet Nam.
ILO WELCOMES NEW LABOUR CODE
The International Labour Organization (ILO) has welcomed the new rights of workers and employers in Việt Nam from January 1 as the revised Labour Code adopted in 2019 takes effect.
WORKSHOP DISCUSSES FUTURE OF VIETNAMESE LABOUR MARKET
It aimed to collect feedback from experts on two draft projects of the Ministry of Labour, Invalids and Social Affairs (MOLISA) on supporting the development of the labour market until 2030 and improving labour supply-demand forecasting capacity.
RETIREMENT AGE TO INCREASE STARTING 2021
At present, the retirement age for regular labourers is 60 for men and 55 for women. People who do heavy, hazardous or dangerous work or employees working in a place with harsh living conditions can retire at 55 for men and 50 for women. High-skilled workers work until 65 for men and 60 for women.
LABOUR MARKET POSTS SIGNS OF RECOVERY IN Q3
More jobs were created in the third quarter of this year on the back of the country’s economic resurgence, a press conference held by the General Statistics Office (GSO) on October 6 heard.
REGIONAL MINIMUM WAGE MAY BE UNCHANGED IN 2021
Due to the impact of the COVID-19 pandemic on the country’s economy and enterprises’ operation, almost all members of the National Salary Council agree with the plan to maintain the existing regional minimum wage by the end of 2021.
VIETNAM RAISES TAXABLE INCOME THRESHOLD 22 PCT
Vietnam’s lawmakers have approved a proposal to increase the minimum taxable income threshold by 22 percent to VND11 million ($479) starting July 1. This means that a person with an income of less than VND11 million per month will not have to pay personal income tax. The current threshold is VND9 million ($392).
WORKERS ARE RETURNING TO WORK, FOR NOW
Some 70,000-80,000 workers across the country have returned to work since the mass disruption caused by the novel coronavirus in Việt Nam, said Deputy Minister of Labour, Invalids and Social Affairs (MOLISA) Lê Văn Thanh at an online conference held on Wednesday to discuss and share experience in job creation and sustainable business in the new normal [after COVID-19].
