Sustainable Development Goals
SDG 8 Decent work and economic growth
Digital economy expected to account for 30% of GDP by 2030
Vietnam’s digital economy is anticipated to rapidly grow to the point where it makes up approximately 20% of national GDP by 2025, with the figure expected to rise further to 30% by 2030.These statistics feature in the draft National Strategy on Industry 4.0 which highlights ...
New decision supports people in difficult circumstances amid COVID-19
The Prime Minister has issued Decision 15/2020/QĐ-TTg regulating the implementation of policies to support people facing difficulties due to the COVID-19 pandemic.Accordingly, there are seven groups of subjects entitled to support, including employees who must postpone the performance of labour contracts or leave without pay; ...
Close to 5 million local workers affected by COVID-19 pandemic
The novel coronavirus (COVID-19) pandemic has caused approximately 5 million workers to either lose their jobs or stop work until further notice, therefore bringing the number of employed people during the first quarter of the year to a ten-year record low.According to a survey conducted ...
Realising the task of ensuring social welfare during epidemic prevention period
The National Assembly (NA) Standing Committee recently approved policies to support those affected by the COVID-19 pandemic as proposed by the Government. Accordingly, the Government will adopt a relief package worth nearly VND62 trillion (US$2.6 billion) to ensure the livelihoods of those who are living ...
ILO Vietnam willing to help Vietnamese gov’t, employers, workers
Country Director of the International Labour Organisation (ILO) Vietnam Chang-Hee Lee has said that ILO Vietnam was ready to help the Vietnamese Government, employers and employees to find suitable jobs as the coronavirus takes its toll on labour markets and the economy.According to the ILO, ...
International vocational training to be extended across country
Vocational training schools in Vietnam will continue to use curricula transferred from Australia and Germany until the end of 2020 and 2025, respectively, following the Prime Minister’s approval to extend the technical vocational education and training (TVET) reform plan.The plan, developed by the Ministry of Labour, Invalids ...
VN acts to improve labour productivity
Việt Nam will launch a national programme to improve labour productivity, a critical factor for the middle-income country to enhance its competitiveness and develop. This was highlighted in a directive Prime Minister Nguyễn Xuân Phúc issued recently.A pilot programme of accelerating productivity will be held ...
Vietnam does poorly in global ranking of talent attraction
Vietnam trails behind most of its Southeast Asian peers and is in the bottom half of a global ranking in attracting talent.It is in 96th place in the 2020 Global Talent Competitiveness Index (GTCI), an annual report compiled by French business school INSEAD, Swiss HR ...
Nguyen Quy
2019 Population and Housing Census’ data important for all sectors’ planning: Deputy PM
Data collected from the 2019 Vietnam Population and Housing Census is vital for all sectors and localities to survey and map out development plans, thereby serving national sustainable development towards leaving absolutely no one behind. The statement was made by Deputy Prime Minister Vuong Dinh Hue ...
Trung Hung
Vietnam’s Economy Expanded by 6.8 Percent in 2019 but Reforms are Needed to Unleash the Potential of Capital Markets
Vietnam’s economy has performed well in 2019, with GDP expanding by an estimated 6.8 percent, public debt reduced by almost 8 percentage point of GDP since 2016, and a trade balance surplus for the fourth year in a row. These results are remarkable in the ...