Decision No. 176/QD-TTg dated February 05, 2021 of the Prime Minister on promulgating the labor market development support program through 2030
The labor market development support program through 2030
The Decision No. 176/QD-TTg on promulgating the labor market development support program through 2030 is issued by the Prime Minister on February 05, 2021.
To be specific, the Program defines objectives such as: the percentage of trained workers having degrees and certificates will be 30% by 2025 and 35 - 40% by 2030; the proportion of workers with information technology skills will be 80% by 2025 and 90% by 2030, etc.
To maintain the overall unemployment rate at less than 3% and the unemployment rate in urban areas below 4%; to strive the proportion of workers in agricultural sector being below 30% and 20% by 2025 and 2030, respectively.
Remarkably, to strive to reduce the proportion of unemployment, uneducated or untrained youngsters to fewer than 8%; The proportion of workers in the age of participating in social insurance will reach 45% by 2025 and 60% by 2030, of which farmers and workers in the informal sector participating in voluntary social insurance will account for about 2.5% of the workforce by 2025 and about 5% of the workforce by 2030.
The Decision takes effect from the signing date.
For further details of the Decision 176/QD-TTg, Click here
translation of the Official Gazette of the Vietnam News Agency
THE PRIME MINISTER
THE SOCIALIST REPUBLIC OF VIETNAM
Hanoi, February 05, 2021
ON PROMULGATING THE LABOR MARKET DEVELOPMENT SUPPORT PROGRAM THROUGH 2030
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government dated June 19, 2015; the Law Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administration dated November 22, 2019;
Pursuant to the Law on Employment dated November 16, 2013;
Pursuant to the Resolution No. 11-NQ/TW dated June 03, 2017 of the XIIth Central Executive Committee on perfecting the institution of the socialist-oriented market economy;
Pursuant to the Directive No. 37-CT/TW dated September 03, 2019 of the Secretariat Committee on promoting the leadership and directing the harmonious, stable and progressive industrial relations in the new situation;
Pursuant to the Government’s Resolution No. 01/NQ-CP dated January 01, 2020, on key tasks and solutions to implement the Plan on socio-economic development and the state budget estimates in 2020;
At the proposal of the Minister of Labor, War Invalids and Social Affairs,
Article 1. To promulgating the labor market development support program through 2030 (hereinafter referred to as the Program) with the following contents:
1. Developing a labor market in a comprehensive and sustainable manner in the direction of modernity and efficiency, suitable to the characteristics of each region and locality, serving as the basis and driving force for the country's socio-economic development.
2. The State plays the role of creating and supporting the development of the labor market through perfecting and enhancing the effectiveness and efficiency of mechanisms, policies and legal documents on labor market development and promoting administrative procedure reform to limit risks related to the interests of workers in the context of the fourth industrial revolution.
3. Proactively integrating into the world, promoting the linkages between domestic labor supply and demand, associated with international labor market.
1. General objectives