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US economy posts strong growth in Q4, but with underlying weakness

US economy posts strong growth in Q4, but with underlying weakness

The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation's health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs.
HCMC businesses need 43,000 workers

HCMC businesses need 43,000 workers

The HCMC Department of Labor said businesses need to hire 43,000 workers to achieve year-end production targets.
November 10, 2022 | 07:45 pm PT
Half a million UK workers drop out of workforce, citing long-term illness

Half a million UK workers drop out of workforce, citing long-term illness

The number of people who have dropped out of Britain's job market since 2019 and who now cite a long-term illness or mental health problems has risen by half a million or about 25%, the Office for National Statistics (ONS) said.
November 10, 2022 | 06:15 pm PT
Job growth in US strong in September as labor market forges ahead

Job growth in US strong in September as labor market forges ahead

U.S. job growth slowed moderately in September while the unemployment rate dropped to 3.5%, pointing to a tight labor market which keeps the Federal Reserve on its aggressive monetary policy tightening campaign for a while.
October 7, 2022 | 03:57 pm PT
Vietnam seeks to stabilize economy amid global downturn: PM

Vietnam seeks to stabilize economy amid global downturn: PM

Despite the current global economic downturn, Vietnam will "not sit and wait" but vigorously seek ways to stabilize and restore the economy, says Prime Minister Pham Minh Chinh.
September 12, 2022 | 06:46 am PT
Vietnamese illegal workers abroad risk all to make a living

Vietnamese illegal workers abroad risk all to make a living

Minh Tuan, a Vietnamese undocumented worker in Taiwan, never goes to the hospital for fear of apprehension and deportation.
September 6, 2022 | 05:03 pm PT
US job growth solid in August; labor market pressure starting to ease

US job growth solid in August; labor market pressure starting to ease

U.S. employers hired more workers than expected in August, but moderate wage growth and a rise in the unemployment rate to 3.7% suggested the labor market was starting to loosen, raising cautious optimism that the Federal Reserve could slow the economy without triggering a recession.
September 2, 2022 | 05:57 pm PT
Just one-fourth of Vietnamese interns find jobs after returning from Japan

Just one-fourth of Vietnamese interns find jobs after returning from Japan

Only 26.7% of Vietnamese trainees returning from Japan are able to find jobs immediately, which is half the figure in Thailand and the Philippines, a new report says.
August 27, 2022 | 04:50 pm PT
Vietnam province struggles to prevent natives from overstaying in South Korea

Vietnam province struggles to prevent natives from overstaying in South Korea

The central province of Thanh Hoa is unable to persuade around 900 workers to return home instead of staying on illegally in South Korea.
August 17, 2022 | 08:12 pm PT
90% of Vietnamese migrant workers are low-skilled: expert

90% of Vietnamese migrant workers are low-skilled: expert

The vast majority of Vietnamese workers abroad are low-skilled, driving the future need for more high-skilled labor, experts told a Tuesday conference.
August 17, 2022 | 04:00 am PT
South Korea to hire more foreign workers, relax qualification requirements

South Korea to hire more foreign workers, relax qualification requirements

South Korea is set to take in more foreign workers, including from Vietnam, and ease qualification requirements for them, the Vietnamese labor ministry has said.
August 15, 2022 | 08:36 pm PT
US job openings fall to nine-month low; labor market holds tight

US job openings fall to nine-month low; labor market holds tight

U.S. job openings fell by the most in just over two years in June as demand for workers eased in the retail and wholesale trade industries, but overall the labor market remains tight, allowing the Federal Reserve to continue raising interest rates.
August 2, 2022 | 06:47 pm PT
Malaysia firms turn down orders as migrant labor shortage hits

Malaysia firms turn down orders as migrant labor shortage hits

Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country's economic recovery.
June 12, 2022 | 07:58 pm PT
Working remotely for foreign employers opens up dynamic lifestyle

Working remotely for foreign employers opens up dynamic lifestyle

Every day Huynh Minh Dang wakes up at 5 a.m. for a brief meeting with his colleagues in North America, but then pretty much works in his own time.
May 16, 2022 | 04:07 pm PT
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