Vietnam’s labour market navigated persistent hurdles in the third quarter despite broader economic gains, said Nguyen Thi Thanh Mai, acting head of the Department of Population and Labour Statistics at the Ministry of Finance’s National Statistics Office.

The authorities of Hanoi have approved a plan to improve the lives of its residents across various levels by 2030.

The economic slowdown in Vietnam has led to a significant decline in personal income tax revenue.

Ten groups of occupations are recording a sharp fall in recruitment demand, and the unemployment rate may increase in the time ahead, said recruiting service provider Navigos Group.

Vietnam’s labour market continued to maintain recovery momentum in the first quarter of 2023, Deputy Director General of the General Statistics Office (GSO) Nguyen Trung Tien said at a press conference in Hanoi on April 6.

Some 68.7% of 51.9 million people of working age are employed, not counting those in the informal sector, while the unemployment rate stays low at 2.3%, according to the Ministry of Labor, Invalids and Social Affairs.

According to the General Statistics Office's Report, the labor and employment situation in the third quarter of 2022 continued to recover.

VOV.VN - The Government has issued a resolution on the overall socio-economic recovery programme worth VND350 trillion (US$15 billion) which was approved by the National Assembly a couple of weeks ago.

VOV.VN - Vietnam’s unemployment rate during the nine months of the year reached 2.67%, of which the rate in urban areas and rural areas stood at 3.58% and 2.15%, respectively, according to the General Statistics Office (GSO).

The COVID-19 pandemic has had great impact on the labour market, with an increase in the unemployment rate, according to the Department of Employment of the Ministry of Labour, Invalids and Social Affairs (MoLISA). ​