Society

According to a survey by Manpower Group Vietnam, 57 per cent of enterprises face difficulties in recruiting high-quality human resources. The Ministry of Labor, Invalids and Social Affairs (MoLISA) has said that compared to other countries in the region and the world, Vietnam has a low percentage of trained workers, at just 26.2 per cent.

According to the Hanoi Department of Labor, Invalids and Social Affairs, the city has created more than 153,000 jobs since the beginning of the year, reaching 96 per cent of the annual plan and up 33.7 per cent against the same period of 2021.

Many new policies on labor and wages come into effect in September, such as a regulation on a two-day holiday for National Day, regulations on working time and rest periods for employees who operate, maintain, or repair gas distribution pipelines and gas works, and a pilot on work and vocational guidance and training for inmates outside of prison.

The Ministry of Labor, Invalids and Social Affairs has noted an imbalance in supply of and demand for workers in certain localities and industries in Vietnam, with the needs of businesses not being met as they focus on economic recovery.

Over the past ten years, Vietnam’s labor export markets have grown from nine in 2013 to 25 now, with more than a million Vietnamese workers and experts heading overseas. Remittances sent home have increased five-fold, averaging $10 billion a year.

Figures show that as of August 25, local social insurance agencies had provided support from the Unemployment Insurance Fund to more than 339,000 employees totaling more than VND963 billion ($40 million). Nineteen of Vietnam’s 63 cities and provinces have completed implementing the support package from the Unemployment Insurance Fund.