IMPACT OF THE COVID-19 CRISIS ON THE VIETNAMESE LABOR MARKET AND POLICY RESPONSES OF THE GOVERNMENT

Abstract

This report aims to provide the impact of COVID-19 crisis on Vietnam’s
labour market and measure the government’s policy responses. Based on that,
the impact of the crisis on Vietnamese labor market is measured by regions,
economic sectors and genders before and after the crisis. Accordingly, the data is
based on a range of latest reports from General Statistics Office of Vietnam (GSO),
International Labour Organization (ILO) and Vietnam’s Chamber of Commerce
and Industry (VCCI) on Vietnam labour market by the fourth quarter of 2021.
Besides, the current paper focuses on the government’s policy responses to
evaluate their effectiveness. In general, Vietnam government has made timely
policies and programs to support workers and business as well as to deal with
prolongation of the crisis.