92
ManpowerGroup Solutions QMR Q4, 2019
Vietnam Agriculture 41% Services 34% Industry 2%
Workforce
37% of Non-Agricultural Employment is in Informal Sector
Total Workforce
57,499,679
Permanent Employees 23,344,553
Non Standard Workforce 32,907,383
Unemployed Workers 1,247,743
Regional:
13
Availability:
11
Cost:
7
Regulation:
14
Productivity:
14
Global:
57
Availability:
55
Cost:
21
Regulation:
62
Productivity:
59
Year on Year Vietnam
Wage Inflation Rate 2%
Inflation Rate (Nov) 3.52%
GDP Growth (IMF Oct) 6.5%
12%
48%
40%
Highly Skilled
Medium Skilled
Non Skilled
Skill Level of Workforce
1.0%
1.3%
1.3%
1.9%
1.9%
1.9%
1.9%
2.2%
0%
10%
2012 2013 2014 2015 2016 2017 2018 2019
Vietnam Regional Average
$0.67
$0.93
$1.04
$0
$5
$10
2015 2017 2019
Vietnam Minimum Wage 2019 USD
Economic Climate
Inflation and GDP
Unemployment Rate over Time
2019 Global TWI Ranking (out of 76) 2019 Regional TWI Ranking (out of 15)
Manpower 2019 Total Workforce Index
Minimum Wage Over Time (2019 USD Constant Currency)
Key Sources:
https://tradingeconomics.com/
https://data.worldbank.org/
https://www.imf.org/
https://ilostat.ilo.org/
http://www.salaryexplorer.com/
https://wageindicator.org/
▪ Varies by region. This rate is Region 1. Unemployment rates from 2012 to 2018 are the average yearly rate
as reported by the World Bank. The 2019 figure may not be directly
comparable as it is not an average and is from in-country sources.