Labor market looking brighter in Q3
Society

Labor market looking brighter in Q3

Along with strong GDP growth in the third quarter of 2022, Vietnam’s labor market has also witnessed more “bright spots”, with the number of employed people increasing by more than 255,000 quarter-on-quarter and 3.5 million people year-on-year. The average income of workers in processing and manufacturing and accommodation services is seeing high growth, showing that key economic sectors have recovered strongly.
Society

Rental support goes to more than 5.1mln workers

The Ministry of Labor, Invalids and Social Affairs (MoLISA) has said that nearly VND3.54 trillion ($147.6 million) has been disbursed out of a total of VND6.6 trillion ($275.24 million) in rental support for more than 5.1 million workers, or 54.53 per cent of the original target. The government issued Decision No. 08/QD-TTg in March on rental support for workers affected by Covid-19.
Society

Amendments proposed for Law on Employment

The Ministry of Labor, Invalids and Social Affairs has said that the 2013 Law on Employment prescribes many policies to support employment but limitations have been revealed during implementation. It has proposed that policies be added to support labor market development, create sustainable jobs, improve incomes, and expand unemployment insurance for beneficiaries as well as workers overseas.