Proletarian blues: both woeful, neither workers nor unions are top dogs
Article Abstract:
Former member of the Viet Cong Nguyen Hong Thy is now deputy head of the Ho Chi Minh City branch of the Vietnam General Confederation of Labour, which has proved to be a difficult assignment. Thy finds his current position tough because of factory workers' unrest due to low wages, overtime with no additional pay, and poor treatment from foreign employers. The Confederation is the only trade union in Vietnam, but it fails to respond to the problems and is unpopular with workers. The workers often respond with wildcat strikes. Foreign investors are shying away from Vietnam because of the labor unrest.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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You can't go home again
Article Abstract:
The Vietnamese government is seeking to attract overseas Vietanmese or Viet Kieu to help modernize the economy. They can contribute technical expertise and tend to be young with little prejudice against the regime, the government argues. Many Viet Kieu have made return visits and small investments, but there have been few major investments. The issue of citizenship causes concern to the Viet Kieu who are treated as foreigners when they invest and excluded from many areas, but treated as locals over ciminal issues.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Mind the gap
Article Abstract:
The Vietnamese trade deficit is widening as exports grow more slowly than imports. The trade deficit for 1996 is forecast at nearly $4 billion by foreign economists. Capital equipment and construction materials are among major import categories and major exports include petroleum, rice, apparel and sea products. Smuggled goods could account for $1 billion worth of imports. Meanwhile, economic growth will be 9.5% for 1996, according to official forecasts, though foreign economists forecast a small fall.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Comment about this article or add new information about this topic:
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