Labor
Labour Experts Suggest Proposal To Reduce Number Of Working Hours
“MoLISA believes that reducing working hours would bring positive socioeconomic impacts, so they have asked for the idea to be fully researched on a scientific and practical basis to ensure feasibility, when adding the policy in the amended Labour Code. According to experts, to reduce working hours, there is no other way than to also […]
Positive Growth In Labor Market Expected By Year End
Positive growth is projected for Việt Nam’s labour market in the last quarter of 2024, but challenges remain to be addressed, according to the General Statistics Office (GSO). Data from the office showed that in the first nine months of this year, the Vietnamese economy recorded increasing numbers of new recruits, new businesses entering the […]
New Regulations Proposed To Help Low-Income People
“The Ministry of Labour, Invalids and Social Affairs (MoLISA) has proposed adding specific criteria to define low-income individuals as part of efforts to address challenges in implementing poverty reduction policies. This move is intended to streamline support measures, particularly vocational training, for individuals struggling to stabilize their livelihoods. The MoLISA is currently gathering feedback to […]
HCM City Faces Labour Exodus As Workers Move Out
“Rising prices for housing, utilities, and daily necessities are making it increasingly difficult for many migrant families to sustain themselves. According to a study by Anker Research Institute, the living wage in urban areas like HCM City is VNĐ 8.61 million per month. How ever, the average income of worker in 2023 was only VNĐ […]
Labour Migration Can Be Harmful To Businesses In Country’s Big Cities
“Many people from provinces around Việt Nam have been migrating to HCM City and other big cities to work in factories. However in recent years, more and more migrant workers are moving back to work in their hometowns. The cost of living in big cities such as HCM City is getting more and more expensive. […]
Bình Dương Firms Increase Worker Recruiment For Year End
“Businesses in Bình Dương Province are recruiting more workers, especially manual workers, to complete their year-end orders. They are seeking 6,000 workers in the last two months of this year, including 5,500 manual workers, according to the province Department of Labour, Invalids and Social Affairs. The province’s job transaction floors aim to introduce jobs for […]
Domestic Workforce Encountering Both Surplus And Scarcity
“Highly-skilled human resources help improve production efficiency, minimise waste and optimise work processes. Highly skilled experts and engineers are capable of developing new products, improving processes, creating added value for businesses and the economy. This is an important factor in attracting foreign investment, helping Việt Nam become an attractive destination for investors. However, in 2023, […]
Breaking Free From Middle-Income Trap
“Professor Andreas Hauskrecht from Indiana University, who first visited Vietnam in 1991 when the country’s GDP per capita was a modest US$140, recently returned to attend the Vietnam- US. Cooperation Forum in Hanoi. he was amazed to see that Vietnam’s GDP per capita has risen to US$4,300, calling it a testament to the country’s ” […]
Nuclear Ambition Will Depend On Skilled Workforce
“As Việt Nam looks to revive its Ninh Thuận nuclear power project, developing a skilled workforce, building a strong legal framework, and bolstering nuclear safety and technology will become critical priorities, experts said. Nuclear power is a sector that demands very specific advanced scientific and technical expertise, requiring highly skilled human resources at every stage, […]