90
Vietnam
Q4 2021
Total Labor Force (000s)
49,069
Employed Workers (000s) 47,243
Unemployed Workers (000s) 1,825
Unemployment Rate 3.7%
56,252
54,142
52,915
52,720
47,243
Q4
2019
Q2 2020 Q4 2020 Q2 2021 Q4 2021
2.2%
2.2%
2.7%
2.4%
3.7%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
72% - First Vaccine Dose
(December 2021)
Covid Update
The Prime Minister is
proposing sanctions for
unvaccinated people.
26%
20%
10%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Vietnam Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$320
$265
$1.13
$0
$5
$10
$15
$0
$2,500
$5,000
Average Wage Manufacturing
Wage
Minimum Wage
Vietnam Regional Average
57% 56%
55%
53%
49%
30%
28%
25%
18%
18%
77%
76%
76%
70%
69%
0%
20%
40%
60%
80%
100%
2016 2017 2018 2019 2020
15-24 years 65+ years Total
Labor Force Participation Rate by Selected Age Group Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
ILOSTAT
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
http://nsdp.gso.gov.vn/index.htm
