News
Flexible unemployment insurance payment rates proposed
The applicable Employment Law stipulates the payment rate of 1 percent for unemployment insurance to both employees and their employers. However, reality has shown that this fixed rate has created much trouble for these two groups, particularly when natural disasters, epidemics, economic recession, or financial ...
Translated by Yen Nhi
Developing high quality human resources for sustainable labour market recovery: experts
Developing high quality human resources is a main solution to help the labour market recover in a sustainable manner, said Director General of the General Statistics Office (GSO) Nguyen Thi Huong. Huong cited statistics of the GSO that showed the workforce and the number of ...
Labour market to keep struggling with difficulties in coming months
In a recent report on problems facing enterprises and the economic outlook for the last half of 2023, the Research Board for Private Economic Development (Board IV) said the wave of lay-offs is likely to continue in the remaining months of this year due to ...
10% of young Vietnamese unemployed
One in 10 young people is unemployed and the risk of losing a job for young workers is three times higher than that of older laborers, the government has reported.The unemployment rate among young laborers (aged 15-29) was 7.6% over the first quarter of this ...
Covid success reaped in job recovery, rising incomes: report
The General Statistics Office (GSO) has reported a gradual quarter-on-quarter job recovery and a VND1 million ($43.69) increase in average monthly income in the first quarter.However, there are still problems that need to be addressed, the report said. While more people were getting jobs, many ...
Phan Anh
Drastic measures needed to encourage workers to join social and health insurance
Many businesses have scaled down production and reduced their workforce due to the COVID-19 pandemic, leading to a decrease in the number of those participating in social and health insurance, as well as an increase in unpaid social security debts, experts have said.Vietnam Social Security and local social ...
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 ...
Labour market records positive figures in six months
The General Statistics Office (GSO) has reported encouraging data in the labour market in the first six months of 2019, including unemployment decline and income improvement. It highlighted a positive shift in the labour structure with a sharp fall in the proportion of agro-forestry-fishery labourers and ...
