E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 4, Issue 2, 2024

Current Situation of Vietnam's Human Resource Market and Policy Implications

Author(s): Thi Thu Ha Bui, Van Luan Nguyen


The article aims to clarify the theoretical basis of human resources, the importance of human resources for the development of social organizations, and the current situation of the Vietnamese labor market. The author uses two methods: Document research and analysis and synthesis. Through the document research method, the author has built a theory of human resources and human resources and presented an overview of typical research on this topic. The author used analysis and synthesis methods to evaluate the current situation of the Vietnamese labor market. Accordingly, Vietnam's labor market has had many positive points such as the unemployment rate and the rate of underemployed workers decreasing compared to previous years. However, some shortcomings still exist such as: Labor quality is still low; Labor has not met the needs of businesses and markets; Industry restructuring is still slow; the Youth unemployment rate is still high; The rate of labor has not yet fully utilized its potential will increase in 2023. From these limitations, the author has proposed several solutions to remove and bring the labor market to more development. Specifically, strengthening training, supporting restructuring, improving labor quality, reducing the unemployment rate; developing orientations for human resource policies, and focusing on forecasting labor market information; Businesses and organizations need to improve recruitment policies and focus on training high-quality human resources.

Keywords: Human Resources, Labor Market, Policy, Vietnam

Pages: 1426-1431

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