Want to be in the loop?
subscribe to
our notification
Business News
LABOUR MARKET GRADUALLY RECOVERING IN FIRST QUARTER: GENERAL STATISTICS OFFICE
The labour market has gradually recovered and achieved a good growth rate, Deputy General Director of the General Statistics Office Nguyễn Trung Tiến announced on Tuesday.
He was speaking at the press conference to review the labour and employment situation in the first quarter of 2022, jointly held by the General Statistics Office (GSO) and the Ministry of Planning and Investment.
According to the GSO the number of people employed and the average monthly income of employees increased against both the previous quarter (the fourth quarter of 2021) and the same period last year.
The country's labour force aged above 15 in the first quarter of 2022 was 51.2 million people, an increase of more than 441,000 people compared to the previous quarter and 160,000 people compared to the same period in 2021.
The labour force rate in the first quarter of 2022 was 68.1 per cent.
The labour force in both rural and urban areas increased by about 200,000 people, compared to the previous quarter.
Since the beginning of the year, the country still has more than 16.9 million people aged 15 and over being impacted negatively by the COVID-19 pandemic.
This number has decreased sharply compared to the previous quarter (a drop of 7.8 million people), a record since Việt Nam witnessed the outbreak of the COVID-19 pandemic.
Phạm Hoài Nam, Director of the Department of Population and Labour Statistics under the GSO, said the unemployment rate among working-age people decreased compared to the previous quarter, although it is still higher than in the same period last year.
The average monthly income of employees in the first quarter was VNĐ6.4 million (US$279.6), up VNĐ1 million from the previous quarter.
The highlight was the sharp increase in the average monthly income of workers in the South-east region and the Mekong River Delta, especially in HCM City, to about VNĐ8.3 million ($362.6), an increase of VNĐ2.2 million compared to the previous quarter.
However, according to the GSO, despite the labour market in Việt Nam prospering in many ways, some unsustainable factors remain.
The number of people employed has increased rapidly, but much of that is in the informal sector which faces more uncertainties.
GSO officials also proposed to implement solutions to improve the business investment environment, support businesses and employees, and accelerate the implementation of the economic recovery and development programme.
Source: VNS
Related News
KNIC ENGAGES WITH GOVERNMENT AND HIGH-TECH BUSINESS COMMUNITIES IN CHINA
From Beijing to Shandong, KN Holdings and KN Industrial City are continuing to expand their engagement with government authorities, trade promotion organizations, and high-tech business communities in China. In Beijing, the delegation met with the Center for International Economic and Technological Cooperation under the Ministry of Industry and Information Technology (MIIT), exchanging perspectives on industrial and technology cooperation between the two markets.
VIETNAM’S TRADE TOPS $825 BILLION BY MID-SEPTEMBER
Figures released on September 21 showed goods trade reached nearly $55 billion in the first 15 days of September alone, bringing cumulative turnover since the beginning of the year to more than $825 billion. The strong growth reflects robust trade flows, with demand for consumer goods and production inputs remaining high.
VIỆT NAM'S BUSINESSES MOVE TOWARDS AI AGENTS
Việt Nam’s AI landscape is entering a new phase as businesses move beyond generative AI (GenAI) tools designed to assist human users towards autonomous AI, agentic AI and AI agents that can take action with limited supervision, experts have said. The shift comes as Việt Nam seeks to accelerate science and technology, innovation and digital transformation under Politburo Resolution 57-NQ/TW, issued on December 22, 2024.
VIỆT NAM TARGETS $48 BILLION IN TEXTILE-GARMENT EXPORTS
Việt Nam’s textile and garment industry is facing both opportunities and challenges amid complex and unpredictable developments in the global market, prompting businesses to improve growth quality, optimise production costs and enhance adaptability in pursuit of an export turnover of about $48 billion this year. The target is considered an important milestone that requires concerted efforts from management agencies and the business community.
CUTTING LOGISTICS COSTS KEY TO BOOSTING EXPORTS
Reducing costs has become an increasingly urgent priority for import-export activities, particularly logistics costs, a conference in Hà Nội was told on Tuesday. According to Deputy General Director of the Ministry of Industry and Trade's Agency for Foreign Trade, Trần Thanh Hải, import-export activities has remained a bright spot for the economy in recent years, playing an important role and helping drive macroeconomic growth.
FLEXIBLE FISCAL POLICY HELPS DRIVE ECONOMIC GROWTH
Việt Nam’s fiscal policy has been implemented in a targeted expansionary manner since early 2026, helping maintain macroeconomic stability and supporting the country’s goal of achieving double-digit economic growth. According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at VNĐ2.02 quadrillion (US$77.7 billion), equivalent to 80 per cent of the annual estimate and up 16 per cent year-on-year.






















