The Vietnam General Confederation of Labour (VGCL) has proposed spending up to VND89 trillion (US$3.91 billion) from the unemployment insurance fund to support labourers strongly affected by the COVID-19 pandemic.

VOV.VN - A group of experts of the Hanoi-based National Economics University have put forward several immediate solutions to remove bottlenecks and connect disrupted supply chains that have impacted localities hit by COVID-19.

The Ministry of Transport (MoT) has asked provincial and municipal authorities to ease the travel of labourers at seaports so as to avoid the disruption of production and supply chains amid the COVID-19 pandemic.

Trade union organisations under the Vietnam General Confederation of Labour (VGCL) have so far spent more than VND1.22 trillion (US$53.38 million) from the VGCL's budget and raised donations to help over 1 million members, particularly workers, to overcome COVID-19-related difficulties.

VOV.VN - The ongoing wave of the COVID-19 pandemic has affected the supply chain of local export industries, including garments and textiles, and footwear, if no solution is found soon to help businesses overcome their difficulties, many face the risk of orders being halted or cancelled.

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). ​

The proportion of textile and garment factories that have closed due to the COVID-19 pandemic has reached 30-35%, according to the Vietnam Textile and Apparel Association (Vitas).

The quality of skilled labour in Vietnam is still not meeting minimum standards, according to Le Thi Xuan Quynh, an official from the Central Institute for Economic Management.

VOV.VN - Deputies to the National Assembly approved a resolution at their ongoing first session in Hanoi on July 27 that sets major socio-economic targets for 2021-2025.

General Secretary of the Communist Party of Vietnam Nguyen Phu Trong’s article “Several theoretical and practical issues on socialism and the pathway toward socialism in Vietnam” has proven that building socialism is a sound decision suitable with reality in the country by the CPV.