Vietnam’s digital transformation accelerated in 2021
Digital transformation is a new engine driving Vietnam’s socio-economic development, facilitating the country’s economic recovery.
Unemployment in Vietnam expected to hit 1.3 million in 2022
Among Southeast Asian countries, Vietnam ranks second, while Indonesia takes top place at 6.1 million unemployed.
Firms in Vietnam employed over 14.7 million workers in 2020
Over the same period, the number of private businesses and production establishments totalled nearly 5.2 million, an increase of 5.7% from 2016.
Vietnam approves US$15.3 billion stimulus package
The package will help businesses and workers hit by the pandemic, revive an economy impacted by strict lockdowns, and increase infrastructure spending.
Vietnam scales down fiscal stimulus package
A slimmer stimulus package of 347 trillion dong (US$15.2 billion) is being considered to lift the pandemic-hit economy.
Vietnam speeds up digital transformation
There are now around 64,000 digital technology companies in Vietnam, after 5,600 new companies were established in 2021.
Women and youth found to bear brunt of job losses amid pandemic
These workers were more likely to lose their jobs because they dominated sectors that were hard-hit, like hotels and restaurants, wholesale, and retail.
Workers in Vietnam receive US$1.24 billion in support
These include some 1.85 million workers who had their labour contracts temporarily suspended or were told to take unpaid leave.
Workers and employers in Ho Chi Minh City receive financial aid
Over VND5,422 billion (US$238 million) has been spent to support employers and employees in the city impacted by the pandemic.
Vietnam proposes aid package for employees returning to work
To attract people who have gone back to their hometowns to return to work after lockdown, the government is working on a support package.
Vietnam disburses cash assistance to over 10.3 million workers
More than VND24.6 trillion (US$1.6 billion) in cash assistance has been disbursed from the unemployment insurance fund.
Vietnam’s unemployment insurance supports over 5 million workers
More than 5 million workers affected by the pandemic have received assistance from the unemployment insurance fund.
Workers in Vietnam see fall in wages in Q3’2021 due to COVID-19
Male workers are also receiving a higher average monthly wage as compared to their female counterparts.
Workers in HCM City to benefit from unemployment insurance allowances
About three million workers in Ho Chi Minh City stand to gain from the unemployment insurance fund with total allowances of about VND6 trillion.
Vietnam steps up urban employment drive
The Ministry of Labour – Invalids and Social Affairs (MOLISA) has set a target of bringing a million workers back to being employed by the end of 2021.
Vietnam to support pandemic-hit workers and employers
The government will provide financial aid to pandemic-hit workers and employers, drawing from the unemployment insurance fund.
Business chambers call on Vietnam to reopen economy soon
Foreign business chambers are urging the government to reopen the local economy to retain investments in the country.
Vietnam launches digital-transformation programme
The digital-transformation programme is designed to help enterprises, cooperatives, and household businesses in their digitalisation efforts.
Vietnam’s unemployment worsens amid COVID-19 pandemic
On average, over 11,300 companies withdraw from the labour market each month, across various industries.
Vietnam seeks to roll out more tax breaks for businesses
These include a 30% cut in corporate income tax, and a 30% value-added tax cut for businesses in sectors hit hard by the coronavirus pandemic.
Vietnam’s southern provinces seek to end stay-at-work arrangements
Many companies in the southern part of the country are seeking approval to allow their staff to go back to their own residences.
Vietnam provides aid to pandemic-affected workers
To buffer the impact of pandemic lockdowns, the government has been providing help to workers via its various policies.
Vietnam offers interest-free loans for companies to pay salaries
Companies can now apply for interest-free loans to pay furloughed staff and salaries from the Vietnam Bank for Social Policies.
Vietnam proposes another US$1.13 billion pandemic aid package
To offer financial aid to those affected by the pandemic, the government is planning a VND26-trillion (US$1.13-billion) package.
Vietnam proposes US$1.2 billion COVID-19 relief package
The VND27,600 billion (US$1.2 billion) relief package will support workers and businesses badly hit by the pandemic.
Companies in Vietnam offer to pay for vaccination of staff
Most employers are willing to pay to vaccinate their employees to curb the spread of the virus in their companies.
Vietnam prime minister urges for relaxation of overly strict lockdowns
Local governments have been urged to relax overly strict lockdowns that are affecting production and business activity in some provinces.
Vietnam’s manufacturing companies pushes for vaccination of workers
Three major manufacturing associations are calling for the vaccination of workers against COVID-19 due to the latter’s vulnerability to infection.
Vietnamese workers’ average salary rises in first quarter
Data from the General Statistics Office (GSO) showed that the average income of workers rose 5.7% in Q1 compared to Q4 of 2020.
Vietnam budgets US$260 million to train workers prone to unemployment
To upskill workers likely to lose their jobs due to COVID-19, the labour ministry has proposed a programme to train them.