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Image: Massive layoffs result from slow order growth

Massive layoffs result from slow order growth

HCMC – Many employees are dealing with reduced work hours or layoffs due to difficulties plaguing the manufacturing sector caused by a lack of new orders. Statistics from the Vietnam General Confederation of Labor (VGCL) showed that in recent months, the work hours of around 562,400 workers had

Image: Vietnam’s unemployment rate reported at 2.3%

Vietnam’s unemployment rate reported at 2.3%

HCMC – Some 68.7% of 51.9 million people of working age are employed, not counting those in the informal sector, while the unemployment rate stays low at 2.3%, according to the Ministry of Labor, War Invalids and Social Affairs. Dao Ngoc Dung, Minister of Labor, War Invalids, and Social Affairs,