The Government has issued a resolution on boosting the flexible, effective, sustainable and integrated development of the labour market, aiming to speed up socio-economic recovery.
Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
The workforce of Vietnam has recovered quickly and the labour supply chain was not cracked down, Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung told the National Assembly (NA)’s fourth session on October 28.
Over 17.08 million Vietnamese people, or 37.01% of the workforce, had joined social insurance by the end of September 2022, up 537,000 people compared to the end of 2021, according to Vice General Director of the Vietnam Social Security (VSS) Le Hung Son.
The northern province of Hung Yen is implementing concerted measures to realise its goal of expanding health insurance coverage to over 92% of the population this year.
The youngest echelons of the Vietnamese workforce must be quickly equipped with the soft and digital skills needed to adapt to the requirements of the 4.0 revolution, a senior official of the Vietnam Chamber of Commerce and Industry (VCCI) has said.
With a large workforce, lower labour costs and sizeable market, Vietnam is one of the popular destinations for Singapore’s start-ups, according to The Straits Times newspaper.
The US-based electronic design automation (EDA) company Synopsys will assist Vietnam in developing human resources in chip design, as part of a deal signed with the Management Board of Saigon Hi-Tech Park (SHTP) in Ho Chi Minh City on August 26.
The south-central province of Binh Thuan, one of the popular tourist destinations in Vietnam, has issued a plan for the training and development of the tourism workforce from 2022 – 2025, with a vision towards 2030, in an effort to revive the pandemic-stricken industry.
Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”.
It is becoming difficult to ensure the quantity and quality of workforce for the tourism sector after the COVID-19 pandemic. The sector needs an influx of quality staff to meet the needs of the rising tourism industry.
Ho Chi Minh City will need from 136,000 to 150,000 workers from now to the end of this year, the municipal Human Resources Forecast and Labour Market Information (FALMI) Centre reported July 21.
The Mekong Delta province of Tra Vinh is working to enhance cooperation with international partners in education and training in efforts to develop high-quality human resources, a local official has said.
The number of Vietnamese labourers aged from 15 reached some 51.2 million in the first quarter of this year, up 200,000 as compared with the same period last year, according to the General Statistics Office (GSO).
The Asia Plus Securities (ASPS) of Thailand has recommended increasing investment in Vietnam, citing the country’s high growth prospects based on its ample local workforce, low minimum wage and steadily rising per capita income, according to the Bangkok Post.
Australian Acting Consul General in Ho Chi Minh City Ciaran Chestnutt on March 28 worked with leaders of Can Tho University in Can Tho city to discuss education cooperation results and orientations for the future.
Vietnam's assessment of future employment trends and how Vietnam is preparing for its workforce to respond to such trends are issues attracting attention from foreign businesses at the ongoing Singapore Apex Business Summit (SABS) 2022.
National Assembly Chairman Vuong Dinh Hue on March 20 asked Ho Chi Minh City to focus on personnel development, especially high-quality workforce, and attract talents at home and abroad, thus meeting requirements of rapid, sustainable development and international integration.
There is urgency to hasten efforts to transform Singapore’s workforce to drive socio-economic growth as the country is recovering from the COVID-19 pandemic, said an article published by The Business Times.
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