In 2021, the world in general and Vietnam, in particular, witnessed a big change in recruitment demand and labor force mobility in many fields. According to the General Statistics Office, by September 2021, the pandemic caused a large number of domestic workers to decrease by 3 million compared to the same period last year, the unemployment rate was 2.91%. According to the World Economic Forum, by 2025, more than 8 million jobs will disappear, workers will be forced to change skills and improve qualifications to find new jobs. The following article provides information about the occupational groups that increase or decrease the number of employees in 2021 and predict the mobility trend in the Vietnam workforce on some occupations in 2022.
1. In which industry is the labor demand increasing?
The demand for communication is increasing, especially during the time of social distance, to meet the change in the way of working and studying at the office to working online or remotely. Since then, the demand for qualified and skilled personnel in the field of information technology has been also increasing. Job opportunities in this industry become open and have a decent salary. Many young people choose majors in the field of information technology to find good job opportunities in the future. In addition, workers in other industries tend to switch careers to information technology to obtain a better income.
Online conference took place during the pandemic situation
The field of e-commerce becomes more active than ever during the time of social distance. Shopping demand has cooled down because consumers' spending has decreased, but transportation services have grown. Many other industries’ personnel has been looking for jobs in shipping and receiving goods during the pandemic.
2. In which industry is the demand for labor decreasing ?
Vietnam workforce in the F&B, accommodation, and tourism industries have sharply been decreasing. Workforce in this field lost their jobs because of the staff cutback at companies. According to the International Labor Organization (ILO), employee wages in the tourism industry decreased by about 18%. In addition, the demand for labor force in the manufacturing and processing consumer goods industries also decreased because of supply chain disruptions, reduced sales orders, and difficulties in paying warehouse costs monthly.
3. Mobility trend in Vietnam workforce between industry groups in 2022
According to the report in the last months of 2021, the medical and health sector has a significant growth rate. At the same time, the need for health care will be more focused after the pandemic period. Therefore, the demand for qualified and skilled Vietnam workforce in the health sector will increase in 2022.
In addition, the majority of employees are taking advantage of the pandemic to learn new skills, improve their qualifications to increase the opportunities to look for a new job. Meanwhile, the number of people looking for freelance jobs with flexibility in time and location increased rapidly. Some jobs that can be worked remotely such as online marketing, design, online sales... become popular.
At the same time, the government is strengthening epidemic control measures, along with encouraging and attracting foreign investment to revive the economy. With the potential market and abundant Vietnam labor force, the number of foreign companies investing in Vietnam is expected to increase again. According to the Center for Ho Chi Minh City Centre for Forecasting Manpower Needs and Labor force Market Information, Vietnam workforce in the manufacturing and processing industries will increase, as this is the area that accounts for 28.15% of the total labor forcede mand. Employees tend to move from urban to rural areas during the pandemic because of long-term unemployment. The demand for recruiting workforce in the countryside is high, meeting work force for projects and factories to restore production.
WHA Industrial Zone 1 – Nghe An attracts workforce in the North and Central regions
Especially in Nghe An province, north central Vietnam, it has the fourth largest population in the country with more than 3.3 million people, and nearly 50,000 people in the working age every year, so it is considered a province with extremely abundant labor resources. In addition, Nghe An is a famous area for its quality educational institutions and learning traditions. This place is the cradle of training and attracting many talents, highly skilled workers. In addition to the professional and right-oriented education and training system, Nghe An has a very diverse system of vocational training schools, with 65 vocational education institutions.
Grasping the growing trend of Vietnam workforce in the manufacturing and processing industries, WHA is a provider of industrial park solutions, along with value added services to support all investors. With international standard industrial park infrastructure, modern technology facilities, WHA Industrial Zone 1 located in Nghe An will attract abundant and skilled human resources in the North and Central regions, which is an advantage to help businesses develop in Vietnam industrial parks investment.