96
May, 2021
Vietnam
7.0%
2.9%
6.5%
2019 2020 2021 Forecast
Real GDP Growth (Annual Percent Change)
ess than Basic
10
Basic
49
ntermediate
2
Advanced
1
ess than Basic
Basic
29
ntermediate
29
Advanced
4
1% - First Vaccine Dose
(May 2021)
Total Workforce (000s) Q1 '21
54,000
Unemployed Workers (000s) 1,280
Unemployment Rate 2.4%
Youth Unemployment Rate 7.0%
Cov id Case and De ath Rate
1 ,9
11,712
7,42
, 74
2,721
2,409
2,02
1, 92
1,440
1,12
99
470
700
7
7
2
7
Agriculture
anufacturing
Trade epair
ining tilities Constr.
Accommodation ood
Transport torage Comms
ducation
ther ervices
Public Administration
eal state, Bus Admin erv
Health ocial ork
inance nsurance
Total mployed Q4 2020 000s obs lost since Q4 2019 000s
Approximately
200K Jobs lost
since Q4 2019
~700K Added
~21K Added
~2K Added
~105K Added
Re mote Work Ranking
(APAC Region - Ranking out
of 15 Countries)
Remote Ready Jobs
15
th
Technical Readiness
12
th
Education Profile of Employe d Population Impact of Cov id-19 on Employme nt By Industry*
Education Profile of Unemploye d Population
IM F Re al GDP Growth Forecast
Sources:
https://www.imf.org/en/Publications/WEO/weo-database/2021/April
https://ilostat.ilo.org/data/
https://covid19.who.int/
https://data.worldbank.org/
https://tradingeconomics.com/
https://www.gso.gov.vn/
*Jobs in 000s
▪ From 1
st
of June, Vietnam is suspending
international f lights to Hanoi.
▪ Year on year inf lation is at 2.9%.
▪ There are 525K more inf ormal w orkers compared
to Q1 2020.
▪ The labor f orce has f allen by 600K since 2019.
Update s
Latest Labor Force Statistics
