Vietnam’s labour market modernised toward deeper global integration
Through targeted measures, including more job-matching programmes, employment fairs, and job creation loans, the Government has effectively connected provinces rich in human resources with key economic hubs.
Workers at a textile company in Ho Chi Minh City (Photo: VNA)
Hanoi (VNA)ಞ – Vietnam’s labour market has made significant strides, growing in scale and quality as it embraces modernisation, sustainability, and deeper global integration, driven by proactive government policies.
Through targeted measures, including more job-matching programmes, employment fairs, and job creation loans, the Government has effectively connected provinces rich in human resources with key economic hubs. These have ensured a stable workforce for industrial parks, export processing zones, and major economic areas.
According to the National Statistics Office, Vietnam’s labour market in 2024 regained its pre-pandemic momentum. The workforce aged 15 and above reached nearly 53 million, up by over 575,000 from 2023, with 51.9 million employed, a 1.1% increase. The unemployment rate dropped to 2.24%.
Moreover, over 700,000 Vietnamese workers are employed abroad under contractual agreements, contributing 3.5–4 billion USD in annual remittances.
At a footwear company in Ho Chi Minh City (Photo: VNA)
The Party and State are committed to further strengthening the labour market through strategic reforms, including improved coordination of employment, social, and unemployment insurance policies, and accelerated digital transformation. A national labour and employment database, integrated with the population database, is being developed to enhance public employment services.
Vietnam is also refining its legal framework for vocational skills, labour relations, and wage systems to meet domestic and international demands. Robust state oversight ensures labour organisations operate within their mandates, safeguarding political stability and public order.
Looking to 2026–2030, the Government aims to modernise the labour structure by reducing informal employment and expanding sustainable job opportunities. Social policy credit programmes will be scaled up to support vulnerable groups, including the poor, ethnic minorities, people with disabilities, and those impacted by natural disasters, pandemics, or climate change./.
In order to make up for the shortages caused by resignations or job changes in the last months of the year, businesses typically hire extra employees. For job seekers, particularly those with specialised talents or experience, the labour market is now opening up a wide range of choices.
Industrial and export processing zones in big industrial hubs have seen the majority of workers returning after Tet. Many has recorded the rate of labourers back to work at 97–98%, and even 100%,
Vietnam’s labour market has experienced steady growth in both size and quality, moving towards modernisation, sustainability, and international integration.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
