Bringing Vietnam’s labor market to develop flexibly and sustainably | Economy

Employees work at Dony Garment Co., Ltd., Vinh Loc A commune, Binh Chanh district, Ho Chi Minh City. (Photo: Hong Dat/VNA)

After two years of unprecedented difficulty with the COVID-19 pandemic, in 2022, Vietnam’s labor market will gradually recover thanks to the participation of the whole political system.

Solutions to regulate the labor market and support policies of the Party and State have contributed to helping industrial parks, export processing zones, and key economic regions basically maintain a stable labor force. , not to interrupt or break the labor supply chain, thereby, contributing to the whole country’s recovery and socio-economic development.

After the post-pandemic period, the labor market is moving towards flexible, modern, efficient, sustainable and integrated development to meet the requirements of socio-economic development and international integration.

Recovery in the post-COVID-19 era

In Hanoi, the effects of COVID-19 pandemic The past two years have caused a lot of pressure in ensuring people’s lives, especially the poor, unemployed workers, and social protection beneficiaries.

However, with a spirit of determination and determination and many flexible solutions and measures, in 2022, the city has focused on leading, directing, and organizing the implementation of socio-economic development tasks. security and defense achieved many positive results.

Notably, the economy recovered quickly with a growth rate of nearly 9%. State budget revenue in the area exceeded the estimate, reaching more than 330 trillion VND.

According to Standing Vice Chairman of the City People’s Committee Le Hong Son, along with focusing on economic development tasks, Hanoi city focuses on ensuring social security with the view of taking care of social security in the future. commensurate with and synchronous with economic growth.

Social security work in general, labor work, people with meritorious services and society in particular have achieved many positive results. Especially, in the last months of 2022, the situation of labor and employment decreased. Hanoi has created new jobs for more than 200,000 workers.

The rate of poor households is less than 0.1% with 16/30 districts, towns and cities having no poor households. Most children with special circumstances are cared for and supported in many different ways.

In Ho Chi Minh City, in the fourth quarter of 2022, although it has been controlled, the impacts of the pandemic will continue to disrupt economic activities.

In that context, Ho Chi Minh City is not immune to difficulties and challenges. However, the economic locomotive of the country still has a fast growth rate and is higher than the national growth rate.

By the end of 2022, the city achieved 14 out of 19 key targets, of which economic growth reached 9.03%. This impressive number has shown the strong vitality of the City, the efforts and determination of the Party Committee, the government and the people, the joint effort, dynamism, creativity, dare to think. , dare to do has brought practical results.

Going into specific areas, the strong recovery of the leading economy has been demonstrated by many good and convincing macroeconomic indicators, especially the city has created jobs for 315,612 people, exceeded 5.3% of the year plan, of which 141,312 workers had new jobs.

The number of trained employees is 161,676 workers who have been granted certificates or certificates, exceeding 38.38% of the year plan. The city reduced 16,154 poor households and 9,723 near-poor households, reducing the unemployment rate to less than 4%.

In 2022, Hanoi and Ho Chi Minh City as well as other provinces and cities across the country have gradually recovered and developed in the post-COVID-19 period under the timely, flexible and creative direction of the Party. , the State, the drastic management of the Government.

People’s lives are improved, policies Social Security is guaranteed, social trust, the support of the people, the business community is getting bigger and bigger.

[Thị trường lao động năm 2023: Cần duy trì nguồn nhân lực có tay nghề]

Many economic experts have recognized that this recovery and development plays an important role from solutions to regulate the labor market and support policies of the Party and State.

The policies have helped the labor market recover quickly, helping industrial parks, export processing zones, and key economic zones to basically maintain a stable labor force, without allowing interruptions or breaks in the chain. labor supply, contributing to the country’s economic recovery and development.

Boosting labor productivity from the foundation of the human force

According to the assessment of the Ministry of Labor, Invalids and Social Affairs, from the beginning of the fourth quarter of 2022 up to now, a number of industries and fields have encountered difficulties in production, business, job maintenance for workers, especially enterprises in the fields of textiles, footwear, wood processing…

In order to promptly stabilize the situation, the Ministry has submitted to the Prime Minister to issue Official Dispatch No. 1170/CD-TTg dated December 16, 2022 on measures to stabilize and develop a flexible and efficient labor market. sustainable and take care of workers’ lives.

The contest in Vietnam's labor force has a flexible and flexible structure, and you have a picture of him 2Workers work in Gia Dinh shoe factory, Thu Duc city, Ho Chi Minh City. (Photo: Hong Dat/VNA)

Besides, the overseas labor market continues to be stabilized and expanded, especially markets with good income levels and working conditions; Vocational training, orientation education and improvement of the quality of laborers to work abroad have been enhanced.

In 2022, Vietnam sent nearly 143 thousand laborers to work abroad, nearly 60% exceeding the plan set out, more than 3 times higher than in 2021.

However, despite the results achieved, the labor market in Vietnam is actually still a market of labor surplus and uneven development.

The overall unemployment rate is low but the youth unemployment rate is still quite high; labor supply still has many shortcomings and limitations; There is also a local imbalance of supply and demand in some localities, regions and industries.

The quality of employment is low, the proportion of workers in the informal sector is large. The qualifications and skills of the labor force, although improved in recent years, are still low compared to the requirements of the labor force. labor market.

Faced with the above challenges, according to the Ministry of Labor, Invalids and Social Affairs, in the coming time, the Ministry will continue to promote the labor market to develop in a modern and adequate direction, in line with international commitments. flexible operation to connect labor supply and demand, mobilize and effectively use human resources.

The Ministry implements the Government’s Resolution No. 6/NQ-CP on the development of a flexible, modern, efficient, sustainable and integrated labor market for quick socio-economic recovery; implement solutions to stabilize and develop the labor market to ensure modern, flexible, sustainable and effective, meet the requirements of socio-economic development and international integration, and promptly respond with economic challenges at home and abroad; strengthen connectivity and regulate labor supply and demand in order to mobilize and effectively use human resources for socio-economic recovery and development…

According to Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung, 2023 is forecast to have many challenges, such as the problem of population aging. Accordingly, Vietnam is one of the countries with the fastest population aging in the world.

It is forecasted that by 2038, the population aged 60 and over will account for over 20% of the total population. Rapid population aging will affect most areas of social life, in which the important issue is the labor market.

Another challenge comes from informal employment. In fact, the proportion of workers in the informal sector is still high, most Vietnamese workers are still accepting vulnerable jobs…

Those challenges force policy makers and executives to change their thinking to react quickly and accurately to match the trend of the times. The Ministry has requested the Labor, War Invalids and Social Affairs sector to proactively renew thinking, innovate working methods, be proactive in forecasting, and flexibly respond to possible fluctuations.

In the long term, it is necessary to continue to review and perfect the entire legal framework, mechanisms and policies to build and gradually form a flexible, synchronous and modern labor market, promoting labor productivity growth. from the foundation of science and technology human resources, improving national competitiveness, Minister Dao Ngoc Dung emphasized.

Hanh Quynh (VNA/Vietnam+)

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