VietNamNet Bridge – Unemployment rates are regularly reported by government agencies, but the state General Statistics Office (GSO) doubts the figures.

 VietNamNet Bridge – Vietnamese economists read a lot of statistical reports every day. But that doesn’t mean they trust them.

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For the majority of Vietnamese, 2013 is a difficult year when they have to cut down expenses to exist. Meanwhile, the General Statistics Office (GSO) at the end of the year reported an impressive increase in the income per capita.

 VietNamNet Bridge – The reports by relevant ministries and branches all showed that more jobs have been created and the unemployment rate has decreased in the context of the ailing national economy.

In 2010 and 2011, the gross regional domestic product (GRDP) indexes reported by the 63 provinces and cities were very high, but the GDP of the whole country were low at 6.42 and 6.24 percent, respectively.

The General Statistics Office said, according to international standards, workers who are unemployed for seven days but work for only one hour are considered to have a job so Vietnam’s unemployment rate is low.

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Economists, while pointing out that the reports released by different state agencies are at variance, said that it’s very difficult to find out effective solutions to the current situation with such the unreliable statistics.

Too many firms have jumped into the OTT market, both domestic and foreign, which have spent multi billions of dong to advertise the apps. Only those who can spend money like water can win the competition.

Typically, in many countries around the world, the unemployment indicator is used to assess the health of the economy. If this rate is low, the economy is healthy and is creating more jobs. But it is different in Vietnam.

VietNamNet Bridge - With $10 billion of overseas remittances in 2012, Vietnam is listed in the top 10 countries that attracted the highest overseas remittances in the world, according to the World Bank.