Chủ đề: labor

According to the Vietnam General Confederation of Labor, since the 2022 Lunar New Year (Tet) holiday, there have been 28 labor disputes and strikes in Vietnam, mainly revolving around requirements to increase salaries and benefits. Labor unions will coordinate with the management boards of industrial parks, export processing zones, and economic zones to review businesses at risk of bankruptcy or dissolution, to identify plans for support and to minimize disputes.

The labor market became unstable and unemployment increased during the two years of the Covid-19 outbreak. This year, however, with flexible adaptation in pandemic prevention and control measures, many industries will need to recruit large numbers of workers, especially trained workers.

Adjustments will be made from February to policies that directly affect workers’ rights, including adjustments to salary and monthly income for which social insurance has been paid, changes in the ceiling fee for labor export services, and increases to the maximum overtime for seasonal workers.

Vietnam is currently enjoying what is called a “golden” population structure, with about 55 million people in the workforce. Only 24.5 per cent are trained, however, and this is one factor behind Vietnam’s workplace productivity remaining quite low. Developing skilled human resources has become an important foundation for the economy to grow sustainably and in-depth.

The Ministry of Labor, War Invalids and Social Affairs has issued Official Letter No. 3582 to the Vietnam Social Security seeking comments on the retirement policy for employees working in areas with extremely difficult socio-economic conditions, such as highlands, remote areas, border areas, and islands. Employees with a full 15 years in the workforce will be able to retire five years earlier under the policy.

An unprecedented wave of labor migration has taken place in Ho Chi Minh City and many southern localities as workers return to their hometowns. To resolve the labor shortage following the pandemic, businesses must immediately launch a completely new strategy to attract workers, with policies on livelihoods, healthcare, and attractive benefits.

As of August 26, the social insurance agency had confirmed a list of more than 490,000 employees at 23,347 employers in 62 out of Vietnam’s 63 cities and provinces that will enjoy support policies.

The Ministry of Labor, Invalids and Social Affairs’ Employment Service Centers in Vietnam and ManpowerGroup Vietnam have forecast that recruitment demand will increase significantly in the fields of information technology, electronics, energy, high technology, healthcare, and others during the second half of 2021. Demand for human resources with digital skills is also increasing at a record pace.

Some 1.3 million Vietnamese workers have stopped working, quit their jobs, lost their jobs, or had their labor contracts suspended. According to the Vietnam General Confederation of Labor, trade unions at all levels have spent VND1.2 trillion on support for more than 1 million workers.

Covid-19 has not only disrupted goods supply chains but also labor supply chains. Recruitment demand may increase dramatically post-pandemic, pushing up labor costs and therefore prices. The government needs to issue policies that promote job creation and limit the effect of “false affluence” in the labor market by reducing the unemployment rate.

Perfect policies will be made in support for workers and businesses during the pandemic.