Government to cap unemployment at 4%
Vietnam now has nearly 55 million people of working age. Unemployment is 3.2% in urban areas and 1.8% in the countryside. To maintain an unemployment rate of less than 4% in 2018, the government has crafted policies to improve vocational education and balance supply and demand in the labor market.
Nguyen Anh Tuan, Director of the Vietnam National Productivity Institute, said “Workers need to improve their skills and employers should offer more incentives and preferential treatment to encourage employees”.
Nguyen Thanh Nhan, Deputy Director of the Hanoi Department of Labor, Invalids and Social Affairs says the focus should be on improving tertiary education and labor market forecasts.
“Career orientation should be provided to high school students to help them choose the best path for their future. And parents should change their mindset on vocational training,” Nhan said.
The government intends to develop more skilled workers and promote science and technology to provide the labor resources demanded by the 4th industrial revolution.
Related News
Government acts to promote economic diplomacy for national development
20:05 | 04/03/2023 Headlines
PM chairs Government"s regular meeting
15:28 | 03/03/2023 Headlines
Government launches action plan on Hanoi development
16:23 | 20/02/2023 Headlines
Vietnam hopes for stronger labour ties with US
15:18 | 16/02/2023 Headlines
Latest News
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
More News
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert
14:10 | 03/04/2023 Headlines
Vietnam"s economy to grow by 6.6% this year: OECD
17:45 | 02/04/2023 Headlines
Bright outlook for Vietnamese tourism in new situation
16:52 | 02/04/2023 Headlines
Vietnam, US hold 12th Political, Security, Defence Dialogue
20:25 | 01/04/2023 Headlines
Vietnam calls for comprehensive, all-society approach to waste management
14:32 | 31/03/2023 Headlines
Many factors support foreign capital flow
13:40 | 30/03/2023 Headlines
Foreign SMEs pour capital into Vietnam
13:37 | 30/03/2023 Headlines
Leaders of aviation firms to be disciplined if employees committed wrongdoings
15:38 | 29/03/2023 Headlines
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines