Vietnam officially launches National Employment Exchange

The Ministry of Home Affairs officially inaugurated the National Employment Exchange on April 14, available at www.vieclam.gov.vn.

This digital platform is designed to connect over 53 million workers with businesses, employment service organizations, and state management agencies nationwide, aiming to foster a modern, transparent, flexible, and efficient labor market.

Speaking at the event, Minister of Home Affairs Do Thanh Binh emphasized that the portal serves as a critical digital infrastructure. He stated that it ensures the labor market operates smoothly and transparently in accordance with market mechanisms by effectively matching supply and demand.

The establishment of the Exchange addresses an urgent need within the labor market, where information has historically been fragmented and unsynchronized, limiting the ability of employers and seekers to find one another.

Given that Vietnam currently has a workforce of over 53.6 million people and nearly one million enterprises, alongside millions of cooperatives and business households, the creation of a centralized, unified, and interconnected nationwide platform is of paramount importance.

The National Employment Exchange is more than just a technological tool; it is an essential digital infrastructure designed to provide seamless connectivity from the central to the local levels.

For State management agencies, the Exchange serves as a tool for governance and market regulation. It enhances the quality of employment services and provides a data-driven foundation for developing and implementing labor, employment, and social security policies.

For local authorities, Departments of Home Affairs, Employment Service Centers, and relevant agencies are now linked on a single platform to update and share data, organize job transactions, and provide direct support to both workers and businesses.

For workers, the platform expands job opportunities across the country, removing the barriers of administrative boundaries. Utilizing Artificial Intelligence (AI), the system suggests roles that best match an individual’s skills and experience. It also provides tools for profile creation, job searching, and participation in online job fairs.

For businesses, the Exchange helps significantly reduce recruitment costs and shortens the time required to find personnel by providing access to a vast, nationwide pool of candidates.