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Update news vn labor market
Labourers working in the garment-textile sector earn the lowest incomes in Vietnam, despite the industry having the second-largest export value, an official from the Vietnam General Confederation of Labour (VGCL) said.
The Talentnet-Mercer Market Pulse Report forecasts that 2019 will see a slight increase in salary increase rate across industries.
VietNamNet Bridge – “Our people are hard-working but we lack creativity,” former Deputy Prime Minister Vu Khoan said, expressing his concern about the adaptability of Vietnamese workers in the digital age.
Vietnam's workforce totaled 54.4 million people aged 15 and above in the first quarter of the year, an increase of 761,800 people year-on-year, according to the General Statistics Office (GSO).
Domestic enterprises will continue to face stiff competition from foreign enterprises in attracting and retaining talent and skilled employees.
Jobs in Vietnam will increase by 14.5 percent by 2025, thanks to the country’s participation in the ASEAN Economic Community (AEC), the International Labour Organisation (ILO) forecasts.