ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Supply Chain

Vietnam factory malaise raises specter of New Year labor strikes

Global slump pushes communist country from export boom to salary gloom

Workers head home at quitting time at Nike contractor Changshin in Vietnam, one of five communist countries with a single, national labor union. (Photo by Lien Hoang)

HO CHI MINH CITY -- The one-two punch of lower wages and inflation heading into the Lunar New Year is raising the prospect of labor unrest in Vietnam as a global economic slump slashes the country's exports.

Strikes around the holiday, also called Tet, are not unusual when workers balk at deals made by union leaders who -- as a result of the communist government's strict oversight -- are often chosen from the ranks of company management.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more