Update news labour market
The labour market faces a paradox: many workers are unemployed since their factories lack orders, but at the same time businesses seeking to expand cannot find enough labour.
More than 1.4 million Vietnamese were unemployed in 2021, up 203,700 from the previous year or 17 percent, due to impacts of the worst-ever fourth wave of COVID-19 infections for months, data from the General Statistics Office showed.
As firms are accelerating digital transformation, the need for information technology (IT)-related roles, namely data engineer, infrastructure engineer, or chief technology officer (CTO), is also rising significantly.
A new research brief shows that the COVID-19 pandemic has not only exacerbated existing inequalities but also created new gender gaps, the International Labour Organisation (ILO) in Vietnam has said,
Demand for workers in HCM City and other manufacturing hubs in the south has been high and rising after the Tet (Lunar New Year) holidays driven by a business recovery as COVID-19 recedes.
A number of universities in the country will launch new majors for the 2021-2022 academic year to meet labour market demand.
Multiple businesses in Vietnam suspended or scaled down their operations, and over five million employees nationwide lost their jobs in the first five months of 2020 as a result of the coronavirus pandemic,
Labour ministers from 10 member countries of the Association of Southeast Asian Nations (ASEAN) had a video conference on May 14 to look into impacts of COVID-19 on labour and employment.
Analysts from BofA Global Research estimated that about 7 percent of total employees, or 20.7 million, in ASEAN-6 economies could be laid off due to the COVID-19.
Experts predict that once the COVID-19 epidemic is under control, recruitment needs will rapidly increase. Ngo Thi Ngoc Lan, Regional Director of Navigos Search, talks about the situation and how workers and employers need to prepare for the future.
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung spoke to Vietnam News Agency about his ministry's achievements in 2019 and measures it plans to implement to reach its goals in 2020.
There will be more than 320,000 job vacancies in HCM City through next year, including for 135,000 new positions, according to the city Human Resources Forecast and Labour Market Information (Falmi) Centre.