Workshop discusses future of Vietnamese labour market

Experts discussed the future of the Vietnamese labour market at an online workshop hosted by Nhan Dan (The People) newspaper last week.

Dr Bui Sy Loi, Vice Chairman of the National Assembly’s Committee of Social Affairs, said one of the biggest changes of the labour market was labour movement from informal sectors to formal sectors. Among 56 million labourers in Vietnam now, only 20 million are in the formal sector. Those employees have more stable jobs, higher incomes and are better protected with health insurance and social security schemes, according to Loi.

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