Topic: industries

The pressure both locally and globally to ‘go green’ is being keenly felt by Vietnam’s textile and footwear sector.

During talks on September 6 with visiting Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung, Japan’s Minister of Justice Yasuhito Hanashi said the country will be hiring people in a number of professions in the immediate future, with the priority on elderly care. The Ministry of Justice will propose expanding the acceptance of trainees as drivers.

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.

It has been forecast that many industry groups such as manufacturing, information technology, healthcare, delivery, and processing will continue to “accelerate” recruitment in the second half of the year. Ho Chi Minh City - the country’s largest labor market - will need to recruit 136,000-150,000 workers to the end of the year. Labor shortages seem inevitable, but are likely to be insignificant.

According to the Ministry of Labor, Invalids and Social Affairs, Vietnam’s workforce was short of about 120,000 workers in the first quarter of this year, 2-3 per cent more than in previous years. The shortage is mainly in unskilled workers in the textile and garment industry and electronic component assembly. Recruitment demand among enterprises will total nearly 1.3 million employees this year, an increase of 18 per cent compared to 2021.

Industries with high recruitment demand, such as processing and manufacturing, real estate, banking, and fast-moving consumer goods (FMCG), are forecast to see even greater demand over the remainder of 2022.