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Vietnam labor market
Young South Koreans make a beeline for Vietnam as jobs dry up at home
A bad job crunch is pushing many South Koreans to seek employment abroad, and Vietnam is a favored posting.
Vietnam has work to do in building labor market resilience
Workers laid off as global demand falls
Downsized laborers not ready to take new jobs
HCMC factories are facing obstacles recruiting workers who have lost their jobs.
December 7, 2022 | 02:27 am PT
HCMC tries to break from labor-intensive industries
Ho Chi Minh City authorities are struggling to transform the metropolis's industrial system of labor-intensive factories that put pressure on infrastructure without bringing in big revenues.
February 27, 2023 | 04:34 pm PT
Average workers' monthly income reaches $336
The average monthly income of Vietnamese workers in the first quarter of 2023 was VND7.9 million ($336), the Ministry of Planning and Investment reported.
April 23, 2023 | 04:44 am PT
Monday blues becoming an epidemic amid changing lifestyles
Le Phuong Anh says she has not had a real day off since joining her current company half a year ago.
August 27, 2023 | 08:00 pm PT
Middle-aged laid-off workers back home or in 'constant migration'
Many middle-aged laid-off city factory workers have settled back into their hometowns, while others have migrated back to urban areas after finding it hard to make ends meet back home.
September 19, 2023 | 04:14 pm PT
30% of HCMC's unemployed are over 40
Of more than 166,000 people filing for unemployment benefits in Ho Chi Minh City last year, an increasing number were over 40 years old.
January 12, 2024 | 03:16 pm PT
The shame of being unemployed in your 40s
A friend of mine, who is 44 years old, told me he feels ashamed because he is still struggling to find a job at his age.
May 5, 2024 | 03:07 pm PT
Manufacturing sector grapples with rising input costs
Manufacturing and processing companies have seen demand for their products increase, but they not face a surge in the prices of raw materials.
June 7, 2024 | 04:34 am PT
Workers rejoice, businesses fret as minimum wage hiked
While workers are happy to get more money following the government’s recent minimum wage hike, businesses are concerned about costs and competitiveness.
July 9, 2024 | 08:37 pm PT
Remittances to HCMC exceed $5.5B
Overseas remittances to Ho Chi Minh City increased by 10% year-on-year in the first nine months of the year, reaching US$5.5 billion, said Nguyen Duc Lenh, deputy director of the HCMC office of the State Bank of Vietnam.
October 12, 2024 | 08:29 pm PT
Unemployed at 40, I give up on finding a job
Only a few of my friends have stable jobs, while the rest are struggling financially, many of whom, like me, have given up on finding employment.
November 5, 2024 | 05:45 pm PT
Chasing $10 left me in debt as I enter my 30s
Hooked by an instant profit of VND260,000 (US$10.2), I invested in a fund, believing I could earn money effortlessly, but I ended up losing all my savings
November 29, 2024 | 03:38 pm PT
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