VOV.VN - More than 700,000 Vietnamese workers are currently employed abroad under contract, earning stable incomes and sending significant remittances worth approximately US$3.5–4 billion per year to the homeland, said the Ministry of Labour, Invalids, and Social Affairs (MOLISA).

Vietnam’s labour market faces a critical challenge as many low-skilled workers, despite losing their jobs, are reluctant to pursue vocational training programmes aimed at helping them switch careers.

A working delegation led by Parliamentary State Secretary to the Federal Ministry for Economic Cooperation and Development of Germany Bärbel Kofler on October 29 visited LILAMA2 International Technology College (LILAMA2) in the southern province of Dong Nai in an effort to promote Vietnam-Germany cooperation in vocational training and labour migration.

The Ministry of Labour, War Invalids and Social Affairs has announced plans to continue inspecting companies that provide overseas labour services in the final months of 2024.

VOV.VN - Members of the German Association of Small- and Medium-Sized Businesses (BVMW International) have highlighted the potential for further co-operation between Vietnam and Germany in labour supply.

VOV.VN - Assoc. Prof and Dr. Bui Thanh Nam, deputy head of the University Council at University of Social Sciences and Humanities under Vietnam National University Hanoi, presented a paper at a panel discussion as part of the Eastern Economic Forum 2024 in Russia on September 4, sharing Vietnam’s experience in education reform.

VOV.VN - Ho Chi Minh City’s labour market will need 153,500 to 161,500 more jobs ahead in the second half of the year, according to information provided by the city’s Resources Forecast and Labour Market Information (Falmi) Centre.

VOV.VN - Vietnam’s labour market witnessed positive signs of recovery in the first quarter of the year, reverting to pre-COVID levels, according to the General Statistics Office (GSO).

Vietnam’s job market is poised to bounce back in 2024, driven by better purchasing power that is sparked by a recovery in private investment and wage reform, according to the Ministry of Labour, Invalids and Social Affairs.

VOV.VN - Remittances sent by Vietnamese nationals abroad hit approximately US$16 billion last year, representing a year-on-year rise of 32%, according to the State Bank of Vietnam.