The active population in figures

Note: (e) Estimated data

Working conditions

Legal weekly duration

People ussually work 48 hours a week spread over 5 and a half days. Employees in the Administrative Sector work 40 hours a week.

Retirement age

55 years old for women and 60 years old for men.

Working contracts

There are two types of labor contracts:

- An indefinite term labour contract: the two parties do not determine the term and the time for termination of the validity of the contract;

- A definite term labor contract: the two parties determine the term and the time for termination of the validity of the contract as a period of twelve (12) to thirty six (36) months; or a labor contract for a specific or seasonal job with a duration of less than twelve (12) months.

Cost of labor

Minimum wage

VND 1,050,000 per month (USD 50).

Average wage

Average monthly gross earnings in Vietnam is VND 2,240,912 (USD 126).

Social contributions

Social security contributions paid by employers: 15 %.
Social security contributions paid by employees: 5 %.

Social partners

Social dialogue and involvement of social partners

The General Confederation of Labor co-ordinates provincial and local trade unions with regards to problems concerning labor and companies supervision for labor conditions.

Unions

Vietnam General Confederation of Labor

Unionization rate

The rate of unionization is close to 100%.

Labor regulation bodies

Ministry of Labor, Invalids and Social Affairs
Vietnam General Confederation of Labor