Vietnam is a South East Asian country surrounded by Laos, China and Cambodia. It has natural resources in phosphates, coal, offshore oil and gas deposits, manganese, timber and hydropower. It has a population of 96 million people and Vietnamese is the official and most used language, followed by English, some French and Chinese. Vietnam is not a religious country with almost 82 percent of the population preferring ‘none’.

Over the 1950s and 60s, the communist North attacked the anti-communist South, and the United States got involved in what became a disastrous war for all involved. A 1973 cease-fire agreement allowed the American troops to withdraw and brought about a return to communism. The country is known for little to no civil liberties under its communist dictatorship. Personal income tax rate is 35 percent and corporate tax rate is at 22 percent. Public debt is over 62 percent of the GDP.

Average Monthly Earnings

Employment-to-Population Ratio

Unemployment Rate

Employment by Sector

Agriculture 37.7%
Industry 26.7%
Services 35.6%

Employment Distribution by Education

Age 15+

Less than Basic 10.9%
Basic 49.9%
Intermediate 27.6%
Advanced 11.7%
Level Not Stated 0%

Age 15-24

Less than Basic 4.3%
Basic 51.2%
Intermediate 37..5%
Advanced 7.0%
Level Not Stated 0%

Age 15-64

Less than Basic 10.1%
Basic 49.8%
Intermediate 28.1%
Advanced 12.0%
Level Not Stated 0%

Age 25+

Less than Basic 11.7%
Basic 49.7%
Intermediate 26.3%
Advanced 12.3%
Level Not Stated 0%

Schedule a Demo

In the UAE, as of March 2022, the Ministry of Human Resources & Emiratisation announced that during the month of Ramadan, the private sector's regular working hours are reduced by two hours. #UAE #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Québec’s National Assembly passes amended Bill 96 to modify the Charter of the French Language #Quebec #GlobalCompliance

In Belgium, the age and seniority tiers for calculating the private sector minimum wage were eliminated, setting a single minimum wage applicable to all private sector workers through 2026. #Belgium #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

As of Feb 2022, The UAE prohibits unlimited, permanent employment agreements. All employment agreements are fixed-term contracts lasting no more than 3 years. Employees currently engaged in unlimited term contracts must be converted to fixed-term contracts by Feb 2023 #UAE #GPS

In Brazil, employment is considered to be generally "at will." Employers and employees can terminate employment agreements without cause if prior notice and severance requirements are observed. #Brazil #GlobalPeopleStrategist #GlobalCompliance #ComplianceUpdates

Load More...