The prediction was made in the third Vietnam Labor Market Update, published in Hanoi on July 20 by the Ministry of Labour, Invalids and Social Affairs (MoLISA) and the General Statistics Office of Vietnam.
Vietnam’s economic recovery has positive impacts on labor market.
According to the Vietnam Labor Market Update 2015, the second quarter witnessed an impressive recovery of the construction, processing and manufacturing industries.
In the next six months of 2015, the industries will continue to stablise and grow stronger than in the first six months of the year. More than 86.4% of enterprises in these industries have affirmed that they will increase the labour scale in the next six months of 2015. The highest demand for labour is expected in foreign investment projects.
Additionally, the Employment Law and Occupational Education Law, will provide a legal framework for the labour market in integrating into other countries in the region and the world’s labour market.
Conducted by MOLISA and the GSO with support from the International Labour Organisation, the bulletin aimed to analyse new trends in the labour market and show a panoramic picture of this market in order to improve labour policy-making.
