ILO: businesses yet to tap full potential of young workers
A recent survey by the International Labour Organisation (ILO) has shown that Vietnamese businesses are yet to tap the full potential of young workers.
Hanoi (VNA) – A recent survey by the International Labour Organisation(ILO) has shown that Vietnamese businesses are yet to tap the full potential ofyoung workers.
The school-to-worktransition survey was conducted by the General Statistics Office and the ILO in2015, surveying Vietnamese people aged 15-29.
Itindicated that high school graduates need 17.8 months to land their first stableand satisfactory job, 26 percent of young workers are overeducated for theirjobs while 23.5 percent are underqualified.
Nearlytwo-thirds said they would rather work for the State thanks to job stability.
Though 58.6percent of youngsters have paid jobs, nearly half lack labour contracts. Overone-third are self-employed or work as unpaid family workers before finding abetter job.
About 80percent are in informal employment, lacking social welfare access and legalprotection.
The ILO ranthe survey in 53 countries from 2012-2016. In Vietnam, it polled more than2,700 young people in 2012-2013 and over 2,200 in 2015.
The surveyis part of the Work4Youth project – a partnership between ILO and theMasterCard Foundation that aims to strengthen the production of labour marketinformation specific to young people and work with policymakers on interpretingthe data.-VNA
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Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
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The activities include a Vietnamese language teaching training course for overseas Vietnamese teachers from August 13 to 28 in Hanoi, Ninh Binh, and Thai Nguyen.
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In an document issued on August 5, the PM emphasised the need to stablise living conditions for people hit by floods, landslides, and flash floods in late July and early August in northern and north-central provinces, especially Dien Bien, Son La, and Nghe An which suffered some of the worst damage.
Although millions of Vietnamese were affected by AO, only over 626,000 individuals, including war veterans and their children suffering from dioxin-related conditions, are currently receiving state benefits.
Illustrative image (Source: VNA) 
