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Submitted by ctv_en_6 on Wed, 06/23/2010 - 18:56
Vietnam’s workforce is expected to increase by 1.5 percent/year equivalent to around 738,000 workers/year in the 2010-2015 period.

On June 23, the Ministry of Labour, Invalids and Social Affairs (MoLISA) in collaboration with the International Labour Organisation (ILO) announced a report on the labour and social trends in Vietnam in 2009-2010.

The report acknowledged Vietnam’s strong economic growth since 2000 and rapid changes in economic structure. Agricultural worker proportion dropped from 65.3 percent in 2000 to 52.2 percent in 2007 due to a workforce transformation to industrial and service sectors. Despite total labour productivity increasing by 5.1 percent/year, Vietnam’s labour productivity remains low, equivalent to 1/5 of average productivity in ASEAN countries and one tenth of Singapore’s level.

Although Vietnam has weathered the global economic downturn, the country needs to adopt middle-term policies aimed at making the most of its dynamic workforce in order to help the national economy to bounce back on a sustainable basis.

MoLISA Deputy Minister, Dam Huu Dac said Vietnam is preparing for a five-year socio-economic development plan with a focus on investment and development policies as well as raising knowledge and improving professional skills for workers.

In her speech, ILO Director Rie Vejs Kjeldgaard said that over the past ten years, market reform and global integration has greatly helped Vietnam make headway towards poverty reduction and development. However, there remain challenges the country needs to respond to in labour and social affairs.

The report also mentioned proposals to revamp legal and institutional frameworks, promote social dialogues, boost labor productivity in small and medium-sized enterprises, support households in rural areas and the most vulnerable workers who fail to benefit from Vietnam’s economic growth.

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