Developing a High-Quality, Modern Labor Market in Vietnam

Abstract

The labor market in Vietnam has experienced significant changes due to global trends and the demand for competitiveness in the region. This study investigates the evolving Vietnamese labor market, considering the obstacles presented by the Covid-19 pandemic and the fourth industrial revolution. The paper underscores the significance of adhering to international labor laws and standards to effectively tackle these challenges. By examining the influence of these external factors and their repercussions on labor standards, this research offers valuable insights for policymakers, employers, and workers in Vietnam. The findings emphasize the need to align domestic labor policies with international standards in order to establish a just and sustainable labor market in Vietnam amidst the evolving global landscape.