Our collection of resources based on what we have learned on the ground
Resources
Q&A
Why is minimum wage not always realistic in ASEAN countries?
- December 2016
- Members Access
When considering whether to invest in ASEAN countries, investors need to understand that minimum wages are usually not realistic and do not represent the true cost of labor, because of regional variance due to intra-county disparities in development ...
Q&A
What are the working hours/days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries have a maximum of six working days per week and an eight hour work day; in Brunei, Cambodia, Laos, Malaysia, Thailand and Vietnam this results in a maximum of 48 hours of work per week. In Myanmar and Singapore, though the limit o...
Q&A
How much is paid for overtime in ASEAN countries?
- December 2016
- Members Access
Overtime entitles workers in all ASEAN countries to receive overtime wages for work exceeding standard hours. The lowest retribution is given in the Philippines, where an extra 25 percent of hourly wages is granted for overtime, while the highe...
Q&A
How much is paid for working at night or during rest days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries, except for Indonesia and Thailand, charge an additional premium for night work and rest days, but the premium varies considerably: Indonesia and Thailand have no formally imposed premium; the Philippines has a 10 percent premium ...
Q&A
What are the costs of social insurance for employers and employees in ASEAN coun...
- December 2016
- Members Access
Usually more developed countries with more expansive social programs charge higher rates, as is the case in Singapore, where an employee must contribute 20 percent of wages and employers 16 percent toward the main social insurance programs. Malaysia ...
Q&A
What are some of the emerging economic trends that can be seen in recent years i...
- December 2016
- Free Access
A significant economic trend that can be seen in Vietnam is GDP growth. Despite uncertainty in the global economy, it reached 6.7 percent in 2015, had a forecast of 6.2 percent growth in 2016 and for 2017 is expected to improve slightly with a ...
Q&A
What is the current situation of the Vietnamese job market?
- December 2016
- Members Access
To sustain the transition from a rural to an urban, manufacturing, and service-based formal economy, skilled workers play a crucial role. The number of skilled workers has increased over the years, thanks to significant investment in education,...
Q&A
What is the main advantage that attracts FDI in Vietnam?
- December 2016
- Free Access
Vietnam has a favorable business climate, and cost advantages with labor costs being relatively inexpensive compared to other Asian countries, such as China. Recently a number of foreign MNC’s, in industries from services to manufacturing, have...
Q&A
Which contract structures are permitted in Vietnam?
- December 2016
- Members Access
According to Chapter 3, Article 15 of the Vietnamese Labor Code, the contract structures that are permitted and should be used to form the basis for cost and compliance comparisons are seasonal or work-specific contracts, indefinite-term contracts, d...
Q&A
How do employers select optimal contract terms in Vietnam?
- December 2016
- Members Access
Seasonal contracts (under one year) are usually reserved for seasonal or task specific employment, however it is important to note that these are not allowed to contain a probationary period. Definite term contracts (12 to 36 months) are used by empl...
Q&A
How long are probationary periods in Vietnam?
- December 2016
- Members Access
Probationary periods are proportional to the educational level required by the position and range from six to 60 days. Employers can use them only once and they must be converted into standard contracts of one or more years, if both parties wish to c...
Q&A
What are some of the post-employment financial obligations in Vietnam?
- December 2016
- Members Access
If a labor contract is terminated, employees may be entitled to severance payment; the nature of which depends on the salary of the employee, the amount of time spent in the current position, and the amount of time the employee has been covered under...
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