unemployment rate

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Preparing for the worst

The Government has set a GDP growth target of 6.5% for 2023 although most developed economies are on the verge of recession, especially the U.S. and the European Union. Businesses and households should prepare for the worst-case scenario.

Highest Tet bonus is US$39,000

Nearly all provinces have reported their 2023 Tet (lunar New Year) bonus plans. Binh Duong is offering the highest Tet bonus, VND896 million.

56% of workers get pay rise in 2022

Of 60,000 workers from 500 enterprises surveyed, 56 percent said they will get a pay rise in 2022.

Demand for recruitment in Hanoi surges in H2/2022

Hiring is booming in Hanoi and labor demand keeps rising.

Workers’ incomes rise in 2nd quarter

The number of workers with jobs in Q2 in 2022 increased compared to Q1 and Q2 in 2021, with the number of workers in the service sector increasing considerably year on year. Their average income also rose.

Having no orders, companies downsize workforce

Thousands of workers in the garment and footwear industries will be laid off soon as companies still cannot receive new orders.

Guest workers scheduled to work abroad stuck at home

Nguyen Canh Viet, 29, from Ha Tinh province, still cannot leave fir Japan to work despite the scheduled departure in early May.

Covid-19 starting to hit Vietnamese enterprises as workers are laid off

Now is the time when enterprises are feeling the ‘brutality’ of the Covid-19 epidemic. They have had to lay off many workers as they cannot maintain production and have received no orders.

Employee recruitment in Vietnam to pick up strongly post-COVID

Worker demand is expected to soar after COVID-19. Businesses will expand recruitment activities as they need workers to revive production and grab opportunities from investors' relocation moves.

Unemployment rate in urban areas almost doubles that in countryside

The unemployment rate among those aged 15 and above in Vietnam stood at 2.05 percent last year and the figure in urban areas is almost double that of rural areas, the 2019 population and housing census reveals.

Online recruitment on the rise, but still affected by Covid-19

Both enterprises and workers need new recruitment methods to optimize human resources, experts say.

Job opportunities diminish in many fields after COVID-19

Covid-19 has upset businesses’ recruitment and workers’ job application plans.

Unemployed workers struggle to survive amid COVID-19 crisis

The pandemic has caused many workers to take unpaid leave for an indefinite time.

The health of VN manufacturing sector worsens amid Covid-19 crisis

The Purchasing Managers’ Index (PMI) in Vietnam fell from 49 points in February to 41.9 points in March. 

Enterprises face hardships, workers worried about future

As many enterprises are considering laying off workers, the unemployment rate is expected to rise in the time to come.

Vietnamese workers worried about losing jobs amid Covid-19 outbreak

Every time a new coronavirus infection case is uncovered, Ngoc, 26, and her colleagues feel worried about who will be the next worker laid off.

Vietnamese students still lack soft skills

Employers all say Vietnamese university graduates are weak at soft skills, while schools have been blamed for not equipping their students with these skills.

High number of university graduates remain unemployed

The number of unemployed workers with bachelor’s degree is four times higher than the number of unemployed workers who have graduated from junior college and intermediate school.

Vietnam's educational sector to see more M&A deals

M&A has been and will continue to be the major investment trend in Vietnam’s educational sector in the time to come, according to Troy Griffiths, deputy CEO of Savills Vietnam.

In Vietnam, unemployment rate among higher education graduates is higher than others

Between 70 and 80 percent of the unemployed are junior college (3-year training) or university (4-5 year training) graduates.