The Resolution on developing a flexible, modern, efficient, sustainable and integrated labor market for quick socio-economic recovery

On 10/01/2023, the Government issued Resolution No. 06/NQ-CP on the development of a flexible, modern, efficient, sustainable and integrated labor market for quick socio-economic recovery.

According to the Resolution, after more than 35 years of national renewal, Vietnam's labor market has developed in both size and quality, gradually becoming modern, sustainable and integrating into the world. The system of institutions and labor market policies has been completed; labor supply - demand relationship increases; job quality is increasingly improving; gradually formalizing informal employment; the labor structure has changed positively in the direction of reducing the proportion of laborers in the agricultural sector, increasing the proportion of laborers in the industrial and service sectors; rapidly reducing the proportion of vulnerable jobs, increasing the rate of protected jobs; Vietnamese workers can step by step take on complex jobs that previously required foreign experts; the wages and incomes of workers are improved markedly; labor productivity and competitiveness of the workforce have been improved, making an important contribution to Vietnam's socio-economic achievements in recent years.

The overall goal of labor market development in the near future is that the labor market develops flexibly, modernly, effectively, sustainably, and integratedly, contributing to socio-economic recovery and development in the next period of 2021-2025. In which, elements of the labor market are developed synchronously and modernly; the quality of human resources and the efficiency of the organization and operation of the labor market are improved. The labor market plays an active role in mobilizing, allocating and effectively using resources to promote socio-economic development, shift the labor structure towards modernity, and ensure connectivity of domestic labor market with the labor market of countries in the region and the world.

Specific goals to strive for by 2025 are as follows:

- The proportion of agricultural laborers in total social labor is about 25%.

- The average growth rate of social labor productivity is over 6.5%/year.

- The rate of trained workers with degrees and certificates reaches 30%; provide re-training, regular training for about 25% of the workforce.

- The Labor Index with the specialized knowledge in the Global Innovation Index (GII) is among the top 60 countries.

- To maintain the general unemployment rate at a low level of less than 3%, the urban unemployment rate below 4%; the urban youth unemployment rate below 7%, the rural youth underemployment rate below 6%.

- The proportion of workforce in the age group participating in social insurance reaches 45%, of which farmers and informal workers participating in voluntary social insurance account for about 2.5% of the workforce in the age; 35% of the workforce of the age group participate in unemployment insurance; the index assessing the satisfaction level of social insurance participants reaches 85%.

Organizing the implementation for Chairmen of the People's Committees of provinces and centrally-run cities:

- To focus on directing, reviewing and speeding up the implementation of tasks directly related to supporting labor market development, job creation and human resource development under the direction of the Government and the Prime Minister. To regularly assess the situation and results of implementation, proactively deal with arising issues according to their competence; report and advise the Government and the Prime Minister to consider and solve problems beyond their competence; propose new effective and feasible mechanisms, policies and solutions to ensure the development of the labor market and improve the quality of human resources.

- To effectively develop and conduct programs and plans for the implementation of Resolution No. 43/2022/QH15 of the National Assembly on fiscal and monetary policies to support the program of socio-economic recovery and development; Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the program of socio-economic recovery and development and implementation of Resolution No. 43/2022/QH15; Decision No. 176/QD-TTg dated February 5, 2021 of the Prime Minister on the promulgation of the Program to support the development of the labor market until 2030; Decision No. 2239/QD-TTg dated December 30, 2021 of the Prime Minister approving the Vocational Education Development Strategy for the period of 2021-2030, with a vision to 2045; Decision No. 1446/QD-TTg dated August 30, 2021 of the Prime Minister approving the training and retraining program to improve human resource skills to meet the requirements of the Fourth Industrial Revolution.

- To fundamentally and comprehensively renovate education and training, especially vocational training activities. To improve the effectiveness of training and create opportunities to access education and training for all people; closely link training with the labor market, decent jobs and social security, in line with the country's socio-economic development stages and international integration. Ministries and branches shall review and arrange vocational education institutions in accordance with their functions and tasks, fully satisfy the conditions for establishment as prescribed, and ensure a degree of financial autonomy from recurrent expenditure or more; coordinate with the Ministry of Labor, War Invalids and Social Affairs to arrange and re-organize vocational education institutions to ensure conformity with the master plan on the network of vocational education institutions.

- To allocate funding, human resources and material facilities for the organization to perform assigned tasks. Localities are encouraged to arrange and mobilize legal resources for the implementation of tuition fee exemption for the 2022-2023 school year for pupils and students who are studying training professions to meet the human resource needs of the occupations affected by the COVID-19 epidemic and socio-economic recovery in the spirit of Resolution No. 11/NQ-CP dated January 30, 2022 of the Government on the socio-economic recovery and development program.

- To make a policy to support students graduating from lower secondary school to enter vocational education levels (free of tuition or support for tuition fees, expenses for studying high school education) in accordance with local conditions and legal regulations to contribute to the good implementation of the Project "Vocational education and student streaming orientation in general education for the period of 2018-2025" approved by the Prime Minister in Decision No. 522/QD-TTg May 14, 2018.

- To promote reform of administrative procedures, review to reduce and simplify business conditions, create favorable conditions for business investment, remove difficulties for enterprises.

In addition, the Resolution also sets out the main tasks, solutions and organization of implementation.

Source: Hoang Ha