COVID-19 SEVERELY AFFECTS LABOUR MARKET
Three-month social distancing has seriously affected the labour market with high unemployment and underemployment rates being recorded.
NUMBER OF EMPLOYED WORKERS INCREASES IN H1
Number of employed workers in the first half of this year increased year on year, according to the General Statistics Office.
HEALTH INSURANCE CARD ON VSSID APP ACCEPTED AT MEDICAL FACILITIES
Policyholders of health insurance can use the image of their health insurance cards on the VssID application - a digitized social insurance application - from June 1, 2021. According to reports to June 5, 2021, medical facilities nationwide received imaged health insurance cards on the VssID application instead of paper cards. The new identity was appreciated and welcomed by policyholders because of quick, simple, convenient manifestations.
LABOUR EXPORT RESTRICTION EXACERBATED
The Ministry of Labour, Invalids and Social Affairs (MoLISA) is again facing fears of not being able to meet its target of sending 90,000 workers to work abroad in 2021. According to the Vietnam Labour Export Association, Vietnam sent just over 29,500 workers to 17 countries and territories in the first quarter of 2021, around 2,500 less than in the same period last year.
LABOR PRODUCTIVITY - IMPORTANT FACTOR FOR GROWTH
Vietnam has not yet experienced a real productivity growth phase, which is a key factor for an economy to rise to high-income status, according to the Vietnam Productivity Report jointly conducted by the Vietnam Institute for Economic and Policy Research (VEPR), the University of Economics and Business (Vietnam National University of Hanoi, and the National Graduate Institute for Policy Studies of Japan.
MINIMUM WAGE ASKED TO REMAIN UNCHANGED
In documents sent to agencies for proposals on the regional minimum wage to report to the Government, the ministry said the National Wage Council agreed not to increase the minimum wage this year.
LABOUR MARKET FACES MOUNTING CHALLENGES
Vietnam is becoming an attractive destination for foreign investors as several of the world’s largest technology corporations plan to shift their production chains to Vietnam, leading to certain changes in the structure and productivity of the labour market.
ADVANCED LABOUR CODE DISMAYING FOREIGN EMPLOYERS
As soon as the new law came into force in early January, a great number of employers, especially foreign-invested enterprises (FIEs), displayed their dissatisfaction with Article 32.3 which stipulated that part-time employees shall be entitled to receive rights and obligations equal to those of full-time employees, including in equal opportunities, safety, and hygienic working environments.
