Labour market recovery looks toward flexible, safe adaptation
Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people. The labour market is facing a risk of crisis when unemployment and underemployment rates rise sharply and workers' incomes fall significantly.
Hanoi (VNA) 🃏- Although it is put under control, the fourth wave of the COVID-19 pandemic has hit all aspects of the social life, seriously affecting businesses and people. The labour market is facing a risk of crisis when unemployment and underemployment rates rise sharply and workers' incomes fall significantly.
In order to revive the labour market, create more jobs, and ensure the continuity of production and business activities, Vietnam is focusing on implementing many solutions aiming to flexibly and safely adapt to the new normal.
According to a report of the General Statistics Office, nearly 160,000 enterprises entered or re-entered the market in 2021, a deep decrease compared to the previous year, while 119,800 enterprises withdrew from the market, an increase of nearly 18 percent year-on-year.
Along with unemployment, the pandemic has made the labour market shift from urban to rural areas, and from major economic centres to provinces, leading to a risk of temporary labour shortage and the pressure to solve onsite jobs.
A labourer affected by COVID-19 making procedures to receive assistance (Photo: VNA)
The fact shows that the labour shortage in labour-intensive industries such as garment and textiles, footwear, e-commerce and retail has made many businesses unable to increase their capacity when production is recovered. Many are only operating at 75 percent compared to the time before the pandemic outbreak.
The Ministry of Labour, Invalids and Social Affairs has issued a programme to support the recovery and development of the labour market.
To increase the labour quality, the programme will focus on training employees, improving the quality of labour supply, stepping up digital transformation and in-person teaching in vocational education, and investing more in high-quality schools.
Minister Dao Ngoc Dung affirmed the need to build labour market support policies in line with respecting the operating principles of the market, and addressing inadequacies, especially factors that cause imbalance between labour supply and demand./.
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 (GSO) showed.
The COVID-19 pandemic has seriously affected all aspects of social life, causing difficulties for businesses and employees, forcing them to flexibly adapt to and integrate in the "new normal". Thus, Ho Chi Minh City is implementing many solutions to promote production, and socio-economic development, in which enterprises play a key role.
As Ho Chi Minh City applies flexible measures to adapt to the new normal and curb the spread of COVID-19, firms are rolling out recruitment plans after Tet (Lunar New Year) holiday with about 44,800-55,600 vacant positions to be filled.
A support package worth 6.6 trillion VND (290.4 million USD) will be spent on providing housing rental subsidies for labourers who are working in industrial parks (IPs), export processing zones (EPZs) and key economic regions, according to the Ministry of Labour Invalids and Social Affairs (MoLISA).
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Illustrative image (Photo: VNA)
A labourer affected by COVID-19 making procedures to receive assistance (Photo: VNA)
