More than 68.43 million workers and over 1.41 million employers received support totaling some $4.45 billion to cope with the consequences of Covid-19 in 2022.
Vietnam General Confederation of Labor to provide financial support of VND1-3 million ($42-126) each for workers losing their jobs or having their hours cut.
Addressing the National Assembly on October 28, Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung said Vietnam is short of workers, especially high-quality human resources, which leads to low workplace productivity. Informal labor still accounts for a high proportion of the workforce, while labor mobility and human resources transformation are low.
The Ministry of Labor, Invalids and Social Affairs believes that labor markets both domestically and internationally will recover quickly. It has been forecast that many occupations will see recruitment accelerated during the last quarter of the year. The Ministry will balance the country’s workforce and those heading abroad in a way that is most beneficial to workers.
Figures from the Ministry of Labor, Invalids and Social Affairs show that the total number of Vietnamese workers going to work overseas was more than 103,000 in the first nine months of 2022, or 114.47 per cent of the annual plan, of which the number in September increased more than ten-fold over September last year. Japan continues to be the leading destination for Vietnamese workers, with 52,000, or nearly half.
The Binh Duong Department of Labor, Invalids and Social Affairs has said that as of September 21, nine out of nine districts, towns, and cities in the southern province had employers and employees submitting applications to benefit from the policy on housing rental support for employees under Decision No. 08/2022/QD-TTg. Binh Duong has spent more than VND832 billion ($35 million) on rental support for more than 1.2 million workers, with a disbursement rate of 85 per cent.
According to the Hanoi Department of Labor, Invalids and Social Affairs, Hanoi created over 168,000 jobs in the first nine months of 2022. The Department also approved more than 8,400 positions for foreigners working in the capital, issuing more than 7,110 new work permits for foreigners and reissuing more than 600.
According to the Vietnam General Confederation of Labor, the housing needs of workers is an urgent issue but only 30 per cent has been met to date. Some 1.8 million workers of the 3.8 million employed at industrial parks and export processing zones have housing needs.