Today: 31/05/2023 07:22:47 (GMT+7)

Positive signs for Vietnam’s labour market

Vietnam will continue to be affected by a labour shortage in the first and second quarters of 2023, but the deficit is not great and is mainly present in labour-intensive sectors such as garments, leather, and some export-led industries, especially in foreign-invested enterprises.

In the meantime, there is a demand for about 350,000-400,000 highly skilled workers. As the economic situation is projected to continue improving, the labour market is expected to recover and the demand for workers will rise again.

Positive signs, Vietnam, labour market, labour shortage, labour-intensive sectors, foreign-invested enterprises, export-led industries

Vietnam's labour market is projected to continue improving.

According to the Ho Chi Minh City Human Resources Forecast and Labour Market Information Centre, nearly 70% of the demand for new workers in 2023 will come from the services sector, while the remaining 30% will come from industry and construction.

Regarding educational levels, the demand for workers with college and university degrees accounts for nearly 38%.

In 2023, enterprises will look for flexible candidates who can take on any new job, said employment experts, adding that employers will offer new benefits to their workers.

According to Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung, Vietnam’s labour market is relatively stable now in terms of both size and quality and the shortage only affects some sectors.

Labour market marks quick recovery
According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), supportive solutions and policies have helped the domestic labour market recover quickly, thus, helping industrial parks, export processing zones and key economic regions to maintain a stable labour force.
Bac Giang creates new jobs to 33,600 labours
(BGO) –According to the Department of Labour, Invalids and Social Affairs ( DoLISA), 33,600 labours in Bac Giang province were employed in 2022, surpassing 0.5 percent of the set target, over 31,700 of whom worked domestically and others worked abroads.
Bac Giang delivers timely assistance to business and labour
(BGO) – Bac Giang province now has 11 difficult businesses due to current inflation and global economic crisis, reported the provincial Confederation of Labour.
Over 40,200 rural labours trained in Bac Giang
(BGO) – During 2010 – 2022 period, Luc Nam district (Bac Giang province) mobilized nearly 10 billion VND (425,531 USD) from central and local budgets to open short vocational courses for rural labour.
Daegu city’s Federation of Trade Unions (RoK) pays working visit to Bac Giang’s Confederation of Labour
(BGO)- A delegation of the Federation of Trade Unions of Daegu city (Republic of Korea) led by Kim Wi Sang, Chairman of the Federation on December 7 paid a working visit to the provincial Confederation of Labour in northern province of Bac Giang.

Source: NDO

Positive signs, Vietnam, labour market, labour shortage, labour-intensive sectors, foreign-invested enterprises, export-led industries
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