The Ministry of Labour, War Invalids and Social Affairs (MoLISA) on March 21 publicised its first quarterly bulletin on Vietnam’s labour market with the support of the General Statistics Office (GSO) and the International Labour Organisation.

Addressing the opening ceremony, MoLISA Deputy Minister Doan Mau Diep described employment terms and salaries as the top concerns of policy makers, labourers and businesses.

The bulletin aims to give an insight into the labour market through thorough analysis of numbers, structure and quality.

The publication is especially targeted towards the National Assembly’s committees, the government’s policy-making agencies, international organisations, training centres and the media, the official noted.

The GSO has conducted monthly surveys on the labour market since 2011, Diep said, while conceding that they are failed to meet requirements in the implementation and adjustment of relevant policies.

According to the bulletin, Vietnam will have 54.87 million labourers in 2014 with the number of trained employees to increase and the proportion of those working in agriculture likely to shrink.

Due to adjustments in the Employment Law, the number of people registering unemployment insurance is expected to rise rapidly, the report noted.-VNA