3:56:50 PM | 12/11/2008
Labor disputes and strikes are headaches for Vietnam's top FDI investor-South Korea-with US$15 billion pumping into the Asean country so far, and Vietnam labor authorities and union trade are calling on them to settle the issues, according to Vietnam Economic Times.
Vietnam trade unions and South Korean investors gathered at a meeting in Hanoi Nov 10, the newspaper said.
Between Jan of 1995 and Sept of 2008 there had been 2,600 strikes, of which strikes at foreign-invested firms accounted for 72.4 per cent with South Korea-invested firms taking the lead.
South Korean firms are accused of violating Vietnam's labor law including pay delays, no social policies purchases while collecting 6 per cent of social policies from employees, poor working conditions, illegal sacks and labor contract terminations.
Meanwhile, Dang Ngoc Tung, chairman of the Vietnam Labor Confederation attributed the problems to lack of knowledge of Vietnam's labor laws or on purpose labor law violations.
Tung also called on the South Korean Embassy to request employers to come back to fulfil responsibilities.
Ho Chi Minh City's social insurers are suing five South Korean firms on charge of violating social insurance laws. (Vietnam Economic Times)
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