Despite a challenging business environment, many companies have improved employee compensation schemes compared to 2021, according to the Vietnam Best Places to Work survey.
Around 81 percent of businesses in the southern province of Binh Duong have resumed their operation after the Lunar New Year (Tet) festival, with the average number of employees back to work reaching 72 percent.
Cambodia has extended the deadline for foreign employee quota application to January 31, 2022, two months after the original deadline, according to the Khmer Times on December 8.
A study has found that Vietnamese small and medium size enterprises (SMEs) scored an average of 92 percent in employee experience, 8 percent higher than other countries in the region.
A study has found that Vietnamese small and medium size enterprises (SMEs) scored an average of 92 percent in employee experience, 8 percent higher than other countries in the region.
Vietnam’s successful treatment of a United Nations employee who contracted COVID-19 has marked a new step of development in the cooperation between the two sides, while proving the country’s increasingly important role in the regional and international arena, UN Resident Coordinator in Vietnam Kamal Malhotra has said.
Having shed staff over the last three months as Vietnam’s economy slowed from the effects of COVID-19, many enterprises are now planning to recruit new staff for the year-end production peak. This signals a substantial improvement in the local labour market.
The Vietnam Technological and Commercial Joint Stock Bank (Techcombank) plans to issue 4.7 million shares to current employees under its employee stock ownership plan (ESOP), at a price of 10,000 VND (0.43 USD) per share.
Businesses in central Da Nang city have gradually resumed operations now that COVID-19 has been brought under control. Efforts to improve working conditions and workplace hygiene and safety are considered key in ensuring employee retention during such difficult times.
Recruitment demand in Ho Chi Minh City is forecast to fall by 37.33 percent in the second quarter of 2020, with only 47,000 new employees needed, according to the city’s Resources Forecast and Labor Market Information Centre (Falmi).
The employee turnover rate has been on the rise in the last three years, reaching an alarming rate of 24 percent this year, according to a report from the human resource consultancy Anphabe.
Enterprises increasingly appreciate the importance of human resource management and have mapped out human resource development strategies methodically, a seminar heard in Ho Chi Minh City on April 9.
Many banks have seen their employee efficiency increase significantly, with each member of staff earning them more than 1 billion VND (43,000 USD) in pre-tax profit on average last year.
Lao Prime Minister Thongloun Sisoulith has asked the country’s Ministry of Home Affairs (MoHA) to take prompt action to streamline the apparatus of state organisations so as to improve the performance of officials and public employees.
Local enterprises in southern Binh Duong province are facing a shortage of workers during the holiday season, according to the province’s Centre of Employment Service.
The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to increase its current chartered capital from 15.7 trillion VND (around 691.6 million USD) to 27.8 trillion VND (1.22 billion USD) in 2018, the bank announced at its shareholders’ recent meeting.
Employees in Ho Chi Minh City earn the highest average monthly salary in the country, according to the latest report of the leading recruitment website VietnamWorks.
Construction material manufacturer Viglacera Corporation (VGC)’s pre-tax profit hit a record high of more than 1 trillion VND (44.3 million USD) in 2017 for the first time, the company recently announced.
Enterprises are facing challenges in hiring and keeping employees as a result of competition from multinational corporations expanding their businesses in Vietnam.
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