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.