Sustainable Development Goals

SDG 8 Decent work and economic growth

Development orientations for Red River Delta through 2030

The Political Bureau has issued Resolution 30-NQ/TW on the directions for economic-social development and ensuring security and national defense in the Red River Delta region until 2030, with a vision to 2045. The Red River Delta region’s GRPD per capita is expected to reach VND274 ...

Thuy Dung

Improving labour productivity crucial to sustainable economic growth: experts

Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said ...

EVFTA to create 146,000 more jobs for 2022-2025 period

It is forecasted that an additional 146,000 jobs will be made for 2022-2025, thanks to the EU-Viet Nam Free Trade Agreement (EVFTA) implementation. The above figure was shared at the Workshop to assess the impact of EVFTA on labor and employment issues, organized by the ...

Thuy Duong

National Assembly passes higher basic wage for public workers

Basic wage of civil servants and public employees will increase from VND1.49 million (US$60) per month to VND 1.8 million (US$73) from July 1, 2023, according to a Resolution approved by the National Assembly. In Viet Nam, nearly 40,000 civil servants quited their jobs in ...

Blue or white, no respite: labor shortage dogs firms

Companies in Vietnam continue to face difficulties in recruiting both white and blue-collar workers to fuel their post-Covid recovery operations.Current labor supply is unable to meet the post-Covid recovery demands of companies, the Ministry of Labor – Invalids and Social Affairs has said. There was ...

PM urges effective implementation of socio-economic recovery, development programme

Prime Minister Pham Minh Chinh on February 12 signed a dispatch urging the drastic and effective implementation of the socio-economic recovery and development programme as well as the acceleration of the disbursement of public investment.Accordingly, the Prime Minister requested the synchronous and effective implementation of ...

Employers evading social insurance payments affects workers' rights

Evasion of social insurance payments for workers increased during the COVID-19 pandemic, as enterprises grappled the economic fall-out of pandemic control measures. However, as stipulated by law, avoiding payment and racking up insurance debt severely affects the social security rights of employees.The Ministry of Labour, Invalids and Social ...

Renovation and overtaking

Thirty-five years of renovation have transformed Vietnam from a country confronted with food shortages in the 1980s into a middle-income economy and one of the world’s 20 leading international trade powerhouses.Renovation and overtaking are an inevitable part of competition and development. Almost 100 million Vietnamese ...

Agriculture holds significant contributions to 2021 economic growth: PM

Agriculture, farmers, and rural areas have made important contributions in various aspects to stabilising macroeconomics, ensuring major balances, sustaining growth, and boosting economic recovery in 2021 when the economy faces serious COVID-19-induced impacts, stated Prime Minister Pham Minh Chinh at a conference held in Hanoi ...

Vietnam’s economy to slow as population ages: WB report

Population aging could slow down Vietnam’s long-term growth in the 2020–2050 period by 0.9 percentage points compared with the last 15 years, a new World Bank (WB) report finds.According to the report Vietnam: Adapting to an Aging Society, jointly produced by the WB and the ...

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