A Stocktaking of Viet Nam’s Labor Market Policies

Binh T. Nguyen, Loi Chi Cu and Chien Thang Nguyen
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Binh T. Nguyen: Asian Development Bank
Loi Chi Cu: Vietnam Institute of Economics
Chien Thang Nguyen: Vietnam Institute of Economics

Chapter Chapter 9 in Labor Markets in Asia, 2006, pp 559-629 from Palgrave Macmillan

Abstract: Abstract The concept of a labor market is relatively new in Viet Nam. Not until the country started its economic reform program (Doi Moi) in 1986 did Viet Nam have a labor market in the sense of market-determined employment levels and wage rates. Before Doi Moi, Viet Nam had a centrally planned economy, where economic activities, including employment and wages, were controlled and set by the Government. With the adoption of Doi Moi, decollectivization and self-managed multiple-ownership production systems were introduced throughout the country, resulting in the diversification of rural employment and the emergence of a vibrant urban workforce.

Keywords: Gross Domestic Product; Minimum Wage; Informal Sector; Poverty Reduction; Employment Contract (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62738-3_9

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DOI: 10.1057/9780230627383_9

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