cover image: Will EVFTA Help to Increase Real Wages for Vietnamese Workers?

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Will EVFTA Help to Increase Real Wages for Vietnamese Workers?

26 Mar 2021

EVFTA promises to bring many benefits to Vietnam and effectively implement the principles concerning the across areas ranging from trade, services, and investment, fundamental rights at work, namely: (a) the freedom of to intellectual property, public procurement, labour, and the association and the effective recognition of the right to environment, among others. [...] gives workers the right to set up other representative or- To return to the case of Vietnam: labour commitments in ganizations outside of the Vietnam General Confederation EVFTA create a legal framework for Vietnam to ensure the of Labour, and it is hoped that these organizations will be rights of workers, including the rights to form organizations independent from the employers and based on the c. [...] chairperson at the same time holds the position of head or Many problems may not be resolved internally between the deputy head of human resources, or even deputy director of worker and the employer, but must rely on the intervention of the enterprise. [...] In other words, the group At the same time, it is necessary to improve the capacity of of low-income workers will receive a three percent wage competent authorities to quickly handle disputes that arise increase if the statutory minimum wage increases by three in the process of exercising the rights to organize and col- percent by 2025. [...] conduct to push the local employer towards the payment of THE CONFERENCE BOARD (2015), “International a living wage and contact the brand in case of pushback from Comparisons of Hourly Compensation Costs in the local employer.
Pages
7
Published in
Germany