VIETNAM:
Politics, Economics, and Labor Force
The Vietnam War was a tragic event, as many have died from this particular war, and has caused many changes -- politically and economically (therefore affecting work force).
Politics and Government
Vietnam is a communist country where the power is all in the hands of the President of Vietnam. He is elected by the National Assembly to be responsible for all his work. Having tenure, he continues in office until a new president is elected by a new legislature. The duties and powers would include the making of the laws and complete control of his army. He proposes all elections and removes or releases one from office. Aside from governing powers, military powers are also manipulated by the president as he is the one who declares war.
The Government of the Socialist Republic of Vietnam is the highest organ of State administration and the executive organ. This very powerful body carries out the overall management of the work from politics and economics to the people's belongings and living conditions. Like the president all members of the Government have tenure until a new legislature establishes a new Government.
The Constitution of Vietnam also includes the laws about the economic system. For example, the State promotes and manages the economy working in accordance with market mechanisms. The main goal of this economic policy is to become rich and keep the country intact and unified. By this particular system, the society, the environment (land, water, and other property) are owned and shared by everyone.
The Constitution (as of 1992).
Business and Economics
The business in Vietnam is controlled by an organization, the Chamber of Commerce and Industry of Vietnam (VCCI). Founded in 1963, the Chamber has helped promote trade between Vietnam and the world. It dealt with maintaining trade relations between Vietnam and other countries and territories contributing a lot to the renovation of the country after the war and the economic growth of the nation. VCCI assists overseas delegations, trades, participates in seminars and talks, controls trade marks and patents, and provides the Certificates of Origin (for patenting).
Vietnam's industrial economy is based on a whole range of things from agriculture and mining to computers and technology. Along the many Vietnamese companies in Vietnam, there are a lot of American companies. Each province within the country benefit steadily from a specific business. For example, the Ha Tay Province benefits from the development of the business in Hanoi. Such provinces attract overseas firms because of the lower costs for land, lease, and labor. The attraction helps enhance the province a future magnet for industry, commerce, and vacation resorts.
Chamber of Commerce and Industry of Vietnam
The labor force in Vietnam is a large and literate and an inexpensive form of labor. Already exceeding 35 million, the number of labor force is growing by more than 3 percent each year. The government claims that only 6 percent of the work force unemployed, but in reality, over 20 percent are unemployed or underemployed. In 1989, 500,000 to 800,000 workers lost their jobs, and now the number of unemployed is pushing to 7 million while the underemployed is reaching some million. As a result of labor force, there are strikes, which the number increases steadily.
For other companies and informations on labor force regulations -- http://www.serve.net/vietnam/pages/index.htm