Vietnam loses 2.4 million jobs in first two quarters

A total of 2.4 million jobs have been lost in Vietnam in the first two quarters this year, the biggest reduction for the period in the past decade, due to the COVID-19 pandemic, according to Deputy Minister of Labour, Invalids and Social Affairs Le Van Thanh.
Vietnam loses 2.4 million jobs in first two quarters ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – A total of 2.4 million jobs have been lostin Vietnam in the first two quarters this year, the biggest reduction for theperiod in the past decade, due to the COVID-19 pandemic, according to DeputyMinister of Labour, Invalids and Social Affairs Le Van Thanh.

Speaking at a thematic conference held by the Party Committee of thebloc of central agencies in Hanoi on September 15, the deputy minister underlinedthe severe impacts of the pandemic on production and business activities inmost industries and sectors. A large number of enterprises had to suspendoperation or dissolve in the past months, seriously affecting the labourmarket.

He also cited figures of the General Statistics Office, which showed17.6 million labourers suffered from reduction of income, with average incomein the second quarter standing at 5.2 million VND (over 223 USD), down 525,000VND from the first quarter and 279,000 VND from the same period last year.

Deputy Minister Thanh stressed that considering the current situationand forecasts on pandemic developments and socio-economic conditions, tasks andsolutions should be developed based on the principle of being ready to co-existwith the pandemic.

According to Thanh, solutions in terms of labour, employment and socialsecurity from now to the end of the year should address two goals at the sametime, which are to help labourers overcome the current difficulties and createfirm prerequisites for production and business activities in the long run.

He said there are two main groups of solutions,which are short-term and long-term ones, but both groups should be implementedat the same time.

Besides providing immediate support to labourers and enterprises, it isimportant to prevent social inequality from arising or worsening due to theCOVID-19 pandemic, Thanh said./.
VNA

See more

Fishing vessels are anchored along the Ca Ty river in Lam Dong, waiting to refuel and prepare for their next offshore trip. (Photo: VNA)

Lam Dong steps up crackdown on IUU fishing

All the 1,992 vessels measuring 15 metres or longer – those required to install tracking devices – have done so, reaching a 100% compliance rate, according to the provincial Department of Agriculture and Environment.

Delegates at the seminar (Photo: VNA)

Vietnam completes legal framework for forest carbon market

The draft decree on forest carbon sequestration and storage services marks the first attempt to establish a domestic standard for forest carbon while aligning with international carbon credit systems. It clearly defines eligible service providers and buyers, allowing both public and private entities to supply or purchase credits through contracts or a national carbon exchange.

A newly built house under the substandard housing elimination programme in Dak Lak (Photo: VNA)

Dak Lak completes nearly 90% of plan to eliminate substandard houses

As of July 9, 8,526 houses had been newly built or repaired, including 6,626 new constructions and 1,900 repairs, achieving 89.5% of the target. Over 6,000 houses have been handed over and are now occupied, providing stable accommodation for families benefiting from social policies, as well as low-income and near-poor households.

President of the Vietnam Fatherland Front (VFF) Central Committee Do Van Chien receives the token of 82 billion VND from Governor of the State Bank of Vietnam Nguyen Thi Hong. (Photo: VNA)

Banking sector donates 3.1 million USD to housing programme

Since April 2024, the banking sector has committed a total of 1.36 trillion VND to the programme. Of this amount, 1.1 trillion VND has already been disbursed, while the remaining funds will be released following the issuance of allocation guidelines by the Ministry of Ethnic and Religious Affairs (180 billion VND) and the submission of complete documents by localities (85 billion VND).

The two-week programme gathers nearly 40 scientists, young researchers, PhD students, engineers, technicians, and students from five countries. (Photo: VNA)

Vietnam fosters young talent in astrophysics through int'l summer school

The SAGI 2025 Summer School is one of the flagship initiatives of the Simons Astrophysics Group at ICISE (SAGI), which was recently established in Gia Lai with support from the US-based Simons Foundation and the guidance of Vietnamese-origin scientists such as Dr. Nguyen Trong Hien, Professor Hoang Chi Thiem (Korea Astronomy and Space Science Institute), and Dr. Nguyen Luong Quang.

Officers check a fisherman's compliance with regulations on combating IUU fishing. (Photo: VNA)

Can Tho reports no fishing violations in foreign waters for three years

Can Tho city is now home to 795 registered fishing vessels with a combined capacity of 209,648 horsepower. Among those, 346 vessels measure 15 metres or longer, requiring the installation of monitoring systems, and 28 vessels provide logistical support services to the fishing industry.

Secretary of the Central Committee of the Ho Chi Minh Communist Youth Union, President of the Vietnam Youth Federation, and head of the forum organising board Nguyen Tung Lam speaks at the press briefing. (Photo: VNA)

Vietnamese young intellectuals’ forum to highlight national development

Since its inception in 2018, the global forum of Vietnamese young intellectuals has attracted over 1,000 young intellectuals worldwide, contributing to programmes and policies related to developing young talents in Vietnam. The Global Vietnamese Young Intellectuals Network now has over 2,000 active members globally.

Young OVs visit Nha Rong wharf in Ho Chi Minh City (Photo: VNA)

Young overseas Vietnamese write next chapter of peace

Organised annually by the State Committee for Overseas Vietnamese Affairs since 2004 (with a two-year hiatus due to COVID-19), Vietnam Summer Camp serves as a meaningful platform for young expatriates to reconnect with their roots, strengthen bonds with their peers in Vietnam, and foster a deeper love for the homeland.

Berlin exhibition highlights the beauty of Vietnam (Photo: VNA)

Vietnam’s charm captured in Berlin photo exhibition

The exhibition offers an authentic, vivid portrayal of a developing Vietnam entering a new era. He expressed his hope that the event would enhance cultural ties between the two countries and help German audiences, including the Vietnamese community, better understand Vietnam.

China triumphs at DIFF 2025 grand finale (Photo: VNA)

China wins championship at DIFF 2025

China’s Jiangxi Yangfeng team won the 2025 Da Nang International Fireworks Festival with an emotionally resonant performance titled “Da Nang: shining gem, city of the future,” showcasing advanced lighting effects and a ten-song musical display.