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A Stocktaking of Viet Nam’s Labor Market Policies

In: Labor Markets in Asia

Author

Listed:
  • Binh T. Nguyen

    (Asian Development Bank)

  • Loi Chi Cu

    (Vietnam Institute of Economics)

  • Chien Thang Nguyen

    (Vietnam Institute of Economics)

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.

Suggested Citation

  • Binh T. Nguyen & Loi Chi Cu & Chien Thang Nguyen, 2006. "A Stocktaking of Viet Nam’s Labor Market Policies," Palgrave Macmillan Books, in: Jesus Felipe & Rana Hasan (ed.), Labor Markets in Asia, chapter 0, pages 559-629, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-62738-3_9
    DOI: 10.1057/9780230627383_9
    as

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