The GSO said that Vietnam’s economy is set to remain attractive to FDI and enjoy an increase in exports. A big portion of overseas remittances will be poured into economic activities while there will be a surge in the number of new businesses and their charter capital.

In a report on the labor market announced on December 2, the GSO and the Ministry of Labor, Invalids and Social Affairs said that the economic growth momentums will have positive impacts on the labor market.

The workforce in Q4 is expected to expand slightly, 0.2 percent, from a year earlier, while the number of labourers with at least three-month training will rise by 4-5 percent. The unemployment rate among the working-age population is predicted at about 2.2 percent.

Looking back to Q3, the agencies noted improvements in the labour market such as an increase in the rate of trained labourers, a decline in the proportion of workers in the agro-forestry-fishery sector in the total workforce, and salary earners’ higher income.