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Vietnam is Asia’s new manufacturing powerhouse

Source: www.vietnambreakingnews.com
Date: April 2, 2014
Link: www.vietnambreakingnews.com
Author: Thanh Nien News

Vietnam became in 2014 the biggest exporter to the U.S among the 10 main exporting countries in the region. With its strategic location, its younger population and labour costs lower than China, the country has attracted major global companies, like Samsung and Siemens, besides apparel and shoemakers.

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Vietnam promises tweak to social insurance policy after wildcat strike

Source: www.thanhniennews.com
Date: April 2, 2014
Link: www.thanhniennews.com
Author: Thanh Nien News

The central government has pledged to amend Vietnam's social insurance policy after a controversial rule prompted a week-long wildcat strike of thousands of workers at a Ho Chi Minh City footwear factory.

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Central Government forced to amend new social insurance law after thousands of workers went to strike

Source: news.yahoo.com
Date: April 2, 2014
Link: news.yahoo.com
Author: Tran Van Minh

Several thousand workers joined a peaceful strike in factory compounds beginning of April for 6 days. They were protesting the new social insurance law. Under such strong social pressure, the central government was forced to alter the new controversial law.

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Vietnam minimum wage road map

Source: www.amchamvietnam.com
Date: March 24, 2014
Link: www.amchamvietnam.com
Author: AmCham Vietnam

Vice Minister of MOLISA is currently operating on a “Minimum Wage Adjustment Road Map”. Within such road map, it is planned that “the increases will be greater in 2016 and 2017.” in order to preserve real wages;” and progressively reach the level of the ‘Basic Needs Wage’.

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Debating minimum wage effects in South Africa

Source: www.dailymaverick.co.za
Date: December 17, 2014
Link: www.dailymaverick.co.za
Author: Gilad Isaacs & Ben Fine

The low wage model seems to have reached its limits in South Africa with a number of effects of low pay such as increased labour tensions, lack of investment, reduced exports, and insufficient prospects on domestic market.

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Wage increase in Manila, Philippines is still not enough to keep up with the rising cost of living

Source: www.cnnphilippines.com
Date: April 15, 2015
Link: www.cnnphilippines.com
Author: Mikas Matsuzawa

The minimum wage in Manila has recently increased by 15 Peso (USD 0.34 cents). Even though some welcomed this hike, a local Think Thank claimed that it is far from enough to keep up with rising living costs. According to their calculations with this hike workers with their new wage will only be able to cover 40% of their family needs.

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