Home News Resolution to Give the Nation’s Labor Force Development Priority Is Approved by the National Assembly

Resolution to Give the Nation’s Labor Force Development Priority Is Approved by the National Assembly

Resolution to Give the Nation’s Labor Force Development Priority Is Approved by the National Assembly

Developing Việt Nam’s labour force remains a key priority for the country in the coming decades, according to a governmental resolution approved by the National Assembly (NA) recently.

The resolution stressed the importance of improving workforce productivity and developing a fair and sustainable labour market covering all regions across the country, not just in major economic centres.

The COVID-19 pandemic showed shortcomings and weaknesses in the labour market, with nearly two million workers forced to quit, mainly in labour-intensive jobs.

In addition, vocational training has not been able to produce skilled workers, especially for high-tech industries, which play a crucial part in helping the country push for greater integration into the global economy, attract foreign investment and speed up its industrialisation.

In the coming decades, Việt Nam must heavily invest in its workforce, said the resolution, with a key focus on educating workers, improving working conditions, and supporting vulnerable groups to join the workforce.

Meanwhile, measures must be taken to reform the labour market with an eye on sustainable development, efficiency in managing the country’s human resources and greater collaboration with the regional and international labour markets.

The NA has set a target for the Government to bring the number of skilled workers in the country to 30 per cent by the end of 2025, to maintain a productivity increase rate of 6.5 per cent annually and to keep the unemployment rate under 3 per cent nationwide.

Comprehensive reviews and studies will be conducted to find ways to direct the market’s resources into key industries, to establish policies to not only address but also prevent unemployment and to build a national vocational standard to train workers better.

The resolution stressed the importance of balancing the labour market and other economic sectors to maintain economic stability, help connect employers and workers, and anticipate the demand of foreign companies in the coming years.

In addition, industries that create and sustain jobs must be encouraged and supported as they are key in improving the country’s productivity and labour skills, with local government leaders actively developing and maintaining the local labour market’s supply and demand.

Local leaders are required to produce regular reports to the central Government and propose solutions and policies to improve the quality of the labour force and address issues.

The Ministry of Labour, Invalid and Social Affairs is charged with the task of building a national labour information network to serve as a foundation for policymaking, demand forecast and support businesses in finding the right workers for the right jobs.

The Ministry of Education and Training is charged with the task of building a curriculum that introduced vocational training in basic education to help guide students in finding suitable vocations early.

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