LO hails Vietnam's efforts to mitigate negative impacts of COVID-19 pandemic
|Ingrid Christensen, Director of ILO Country Office for Vietnam. (Source: ILO)|
Ingrid Christensen, Director of ILO Country Office for Vietnam, remarked that the Vietnamese Government has made significant efforts to mitigate the negative impacts of the COVID-19 pandemic within its national resources and context.
“In parallel with the prevention and control of COVID-19, we are aware that in consultation with the Vietnam General Confederation of Labour (VGCL), Vietnam Chamber of Commerce and Industry (VCCI), and the Vietnam Cooperative Alliance (VCA), the Government has extended various relief packages through different policies including on tax, capital, credit, and social security to retain jobs and to support businesses and workers”, Christensen said.
She appreciated the support of the Vietnamese Government through the relief packages, citing for example adjustments in tax regimes for businesses, which has enabled enterprises to continue operations and retain workers in the difficult time. The Government’s support package gave businesses access to loans to pay salaries to employees, and provided deferral in paying social insurance, unemployment insurance, and trade union premiums.
According to the Ministry of Labour – Invalids and Social Affairs, Vietnam’s labour market has leaped in both size and quality, gradually modernized and integrated into the world. Specifically, the size of the workforce is increasing and the supply is guaranteed with over 51.6 million people. The quality of workers is improving with the rate of trained workers rising year by year.
However, the COVID-19 pandemic has revealed shortcomings such as the pressure of job creation for nearly 2 million workers who were forced to leave the labour market, and the shortage of labour in some fields. This situation requires the labour market to shore up its ability to cope with internal and external influences in order to develop sustainably.