Employed Persons in Vietnam is expected to be 54.30 Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Vietnam to stand at 54.90 in 12 months time. In the long-term, the Vietnam Employed Persons is projected to trend around 55.60 Million in 2020, according to our econometric models.


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Vietnam Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 2.2 2.2 2.3 2.4 2.3 2.4
Employed Persons 54.1 54.3 54.6 54.7 54.9 55.6
Unemployed Persons 1.11 1.2 1.1 1 1.1 1.3
Minimum Wages 3980 3980 4210 4210 4210 4450
Population 95.5 96.4 97.1 97.1 97.1 98.4
Retirement Age Men 60 60 60 60 60 60
Retirement Age Women 55 55 55 55 55 55
Wages 5066 5460 6200 5900 5800 6900
Wages High Skilled 10825600 12100000 12300000 12300000 12300000 12900000
Wages In Manufacturing 4999 5820 6100 5900 5500 6750
Wages Low Skilled 5372100 4901300 4927000 4927000 4927000 5207510
Youth Unemployment Rate 7.29 7.9 8.1 8.4 7.07 8.5
Labor Force Participation Rate 76.9 77.4 77.1 76.9 76.7 77.8
Living Wage Family 7763600 7500000 7580000 7580000 7580000 7800000
Living Wage Individual 4752300 4150000 4220000 4220000 4220000 4300000