link ae888

Workshop discusses labour market development to boost economic restructuring

Vietnam’s labour market has seen certain improvements in recent years but there remain many problems, heard a workshop in Hanoi on April 26.
 Workshop discusses labour market development to boost economic restructuring ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - Vietnam’s labour market hasseen certain improvements in recent years but there remain many problems, heard aworkshop in Hanoi on April 26.

Held by the Central Institute for EconomicManagement (CIEM) and the Australian-supported Restructuring for a morecompetitive Vietnam (Aus4Reform) programme, the workshop featured discussionson the development of the labour market to promote economic restructuring inthe country.

Deputy Director of CIEM Tran Kim Chung saideconomic restructuring is among the Party and State’s major policies to renew the growth model and improve the competitiveness of Vietnam’s economy.

One of the most important aspects of economicrestructuring is to gradually shift from growth based on an increased quantityof inputs for production to one based on improved workplace productivity andquality, the application of science and technology, and innovation.

To do that, Vietnam must further distributeproduction resources, including human resources, to sectors with strongercompetitiveness, higher productivity, and more substantial contributions toeconomic development, Chung went on.

He noted that the labour market has seen certainimprovements through favourable policies and legal framework for development,increasing workplace quality and competitiveness and creating jobs.

According to CIEM researchers, workers haveshifted from agriculture to the industrial and service sectors, from theinformal sector to the formal sector, from unstable jobs (self-employment,unpaid family labour) to more stable, sustainable, and secure jobs, from simpleoccupations to highly skilled occupations, and from low-productivity sectors toothers with higher productivity.

Worker awareness of social and unemploymentinsurance has also improved greatly, and the proportion of those taking part involuntary social and unemployment insurance has grown considerably.

However, the CIEM study also pointed out anumber of problems in Vietnam’s labour market, including legal documents andpolicies being yet to cover all parties, worker redundancies, low employmentquality, and a serious imbalance in labour supply and demand between regionsand economic sectors.

While informal and unskilled labour stillaccounts for the majority, intermediate institutions and welfare and insurancepolicies remain weak and ineffective, the study found.

Chung held that to boost the labour market inthe time ahead, it is necessary to refine regulations and policies on humanresources training, job creation, and wages, while developing intermediateinstitutions, welfare mechanisms, and social insurance for workers, for amodern and effective labour market to come into being.

Nguyen Tu Anh, an official from the PartyCentral Committee’s Economic Commission, said the wage policy should be amendedin tandem with the development of intermediate institutions, welfaremechanisms, and social insurance, to promote a modern and effective labourmarket integrated into the regional and global labour markets, thereby helpingwith economic restructuring./.
VNA

See more

Infraction levels will correspond to fines of 1-80 million VND, depending on the nature and number of invoicing violations. (Photo: vietnamfinance.vn)

𒆙 Maximum fine of 3,000 USD proposed for violating invoice regulations

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.
At the strategic partnership signing ceremony between Sun PhuQuoc Airways and Amadeus. (Photo: Sun Group)

🐽 Sun PhuQuoc Airways enters strategic partnership with Amadeus to build a five-star aviation technology ecosystem

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.
A local resident makes a bank transfer using the Momo app. (Photo: VNA)

🌳 Banks accelerate digitalisation, non-cash payments

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.
{dagathomo tructiep hôm nay}|{link ae888 city 165}|{dá gà thomo}|{trực tiếp đá gà thomo hom nay}|{sbobet asian handicap}|