The economy has been recovering and shifting towards eco-friendly policies and digitalisation, with labour supply in the southern key economic region early this year continuing to see remarkable fluctuations, both in quantity and structure.

Layoffs could run until the end of 2023 as firms continue to trim their ranks in line with slumping global demand, experts have said.

Vietnam’s labour market has improved, sending goods news to workers being laid off in the final quarter of last year due to a shortfall of new orders faced by their companies, The Saigon Times reported.