• ISSN: 2010-0248 (Print)
    • Abbreviated Title: Int. J. Innov.  Manag. Technol.
    • Frequency: Quarterly
    • DOI: 10.18178/IJIMT
    • Editor-in-Chief: Prof. Jin Wang
    • Managing Editor: Ms. Nancy Y. Liu
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IJIMT 2022 Vol.13(2): 46-50 ISSN: 2010-0248
doi: 10.18178/ijimt.2022.13.2.920

The Impact of the Covid-19 Pandemic on the Labor Market in Vietnam

Ha Nguyen-Van, Le Hoang Nam, Pham Minh Giang, Tran Nguyen Hoan, and Do Van Thang

Abstract—This article explores the effects of the COVID- 19 epidemic on Vietnam's labor market, thereby pointing out the advantages and disadvantages facing the labor market. The article uses qualitative methods and analysis, thereby giving results on the impact of the pandemic on Vietnam's labor market. The study results show that the Vietnamese labor market faces many difficulties in both human and financial resources. The closure (total or temporary) of activities has increasingly enhanced job loss. According to a survey by the General Statistics Office (2020), there are 2900 businesses temporarily closed and 30.8 million workers are affected. These impacts both create opportunities for the market but also cause it to face other challenges. The article also offers solutions that the Government implements to help businesses overcome the crisis.

Index Terms—COVID-19 pandemic, labor market, Vietnam.

The authors are with the Faculty of Business Administration at Banking Academy, Vietnam (e-mail: nguyenvanha3003@gmail.com, pmg6120@gmail.com, lehoangnam26699@gmail.com, hoantn801@gmail.com, dvthangmc@gmail.com).

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Cite: Ha Nguyen-Van, Le Hoang Nam, Pham Minh Giang, Tran Nguyen Hoan, and Do Van Thang, "The Impact of the Covid-19 Pandemic on the Labor Market in Vietnam," International Journal of Innovation, Management and Technology vol. 13, no. 2, pp. 46-50, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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