This is the content of the Labor Market Report for the second quarter of 2025 recently published by Vieclam24. The survey conducted by Vieclam24h with nearly 3,000 people (nearly 2,000 workers and nearly 1,000 businesses).
According to Vieclam24h, in the first half of 2025, in Vietnam, more than 2,500 bank employees were streamlined; many industrial parks also reported large-scale personnel cuts in the textile, footwear and electronics industries.
In the context of personnel cuts, the recruitment situation is more difficult while workers are still unemployed. 77.4% of surveyed enterprises said that the recruitment situation was more difficult in the same period last year. The most difficult is recruiting personnel for the group of officially qualified and enforced staff (84.7%), followed by the group of specialists, intermediate and group leaders (66.1%).
Meanwhile, 72.7% of unemployed workers have returned to find a job, but only 24.7% of them have found a suitable job in a short period of time. Up to 34.9% of employees spent 1 - 3 months looking for a job, 15% searched for a job for more than 6 months but still had no results.
According to Vieclam24h's analysis, labor market supply and demand are unlikely to meet due to the imbalance between expectations of benefits from employees and the recruitment status of businesses. Workers seek stability and more favorable working conditions (64% prioritize better welfare, 59.8% want a stable job, and 58.7% set higher salaries as the top criterion). Enterprises prioritize measures such as increasing recruitment channels (43.3%), employer brand communication (35.2%), increasing salaries and bonuses to third place (29.5%), and welfare to fourth place (25.7%).
The unemployment rate increases while businesses still lack human resources, showing that the Vietnamese labor market is not lacking in job seekers, nor is there a lack of recruitment needs but a lack of connectivity. The imbalance in expectations, skills and psychology after the dismissals is creating an increasingly clear gap between workers and employers.
