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The economy recovered quickly, Vietnam’s unemployment rate was only 2.46%.

The economy recovered quickly, Vietnam's unemployment rate was only 2.46% - Photo 1.

Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung speaks at the International Labor Conference – Photo: TONG GIAP

Sharing by Minister of Labor – Invalids and Social Affairs Dao Ngoc Dung at the 110th session, the International Labor Conference in the form of online and in person with the participation of more than 4,000 delegates from 187 countries and territories that are members of the International Labor Organization (ILO) on June 8.

At the conference, Minister Dao Ngoc Dung said: In addition to measures to prevent and control the COVID-19 epidemic, the National Assembly and Government of Vietnam have promulgated and organized the implementation of many social security policies, mobilized the participation of the whole society, and promoted the mutual love”, “good leaves protect torn leaves”.

With the COVID-19 epidemic under control, Vietnam’s economy recovered quickly. In the first quarter of 2022, GDP increased by 5.03%. The labor market recovers. The unemployment rate of working age is only 2.46%.

Dung also shared that about 33% of households in rural areas participate in collective economy such as cooperatives, cooperative groups…

“The collective economy in Vietnam has made good contributions to economic growth, economic restructuring, especially the agricultural economy, adapting to climate change and is moving towards green and sustainable development.” , the minister said.

According to Minister Dao Ngoc Dung, The Government of Vietnam and related organizations are also studying and amending the Law on Social Insurance, the Law on Employment, the Law on Trade Unions, the Law on Cooperatives, and developing guiding documents for the implementation of the Labor Code 2019. as well as implementing activities to strengthen and apply international labor standards in Vietnam.

The consistent view of the Government of Vietnam is to develop comprehensively, inclusively and sustainably for people, putting people at the center, regardless of gender, age, ethnicity, creed, religion, city, etc. share and social status.

“We are committed to working hand-in-hand with ILO member states to tackle the challenges of the future of work, and look forward to continued support and support from the ILO and its member states.” Minister Dao Ngoc Dung expressed at the conference.

The outcome of the 110th session, the International Labor Conference is expected orientations for the planning and implementation of labor, employment and social security policies of Vietnam and other countries in the context of many changes in the world after the COVID-19 pandemic.

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