ManpowerGroup and MoLISA seek sustainable employment and business model in new normal

The webinar “Solutions to Sustainable Employment & Business – Sharing from International Experiences”

The forum welcomed executives from the MoLISA, the Vietnam Chamber of Commerce and Industry (VCCI), and the International Labour Organisation (ILO), along with two ManpowerGroup country managers in the Asia-Pacific and Middle East, to share international experiences with the Vietnamese business community.

With the current unprecedented challenges on people and economies around the world due to COVID-19, the global workforce ecosystem has been heavily affected. Vietnam is no different. According to the MoLISA, over 47,000 people have applied for unemployment insurance in February 2020, an increase of 59.2 per cent compared to January 2020 and over 70 per cent from the same timeframe last year.

Le Van Thanh, Deputy Minister of Labour, Invalids and Social Affairs said, “In Vietnam, COVID-19 has impacted the bottom lines of almost all organisations and workers in various sectors, from hospitality, manufacturing to agriculture, travel, and export-import. When the economy is reopened in what will be the new normal state, one of the top priorities of the Vietnamese government is to create employment for people who have lost their jobs, ensuring that the local workforce can re-join the labour market; promoting the role of enterprises from all economic sectors and actively participating in economic development, production, and value chains brought by the newly-signed free trade agreements.”

“We welcome international partners to share best practices and lessons on measures to help impacted workers and employers in Vietnam improve their resilience,” he added.

It was noted that unparalleled collaboration and co-ordination by diverse stakeholder groups, ranging from employers and governments to labour unions and institutes, is needed to prepare for the new normal in the workplace.

“In this new reality, a disciplined return to work will be key to economic recovery. Great efforts have been made to re-deploy/reallocate labour across a range of industries such as aviation, ground services, and ride-hailing, among others in Singapore, Malaysia, Thailand ,and elsewhere,” said Sam Haggag, country manager of ManpowerGroup Malaysia, director and executive sponsor, TAPFIN – Asia Pacific & Middle East.

An optimal talent strategy in the new normal is at the forefront of any organisations’ success. Simon Matthews, country manager of ManpowerGroup Vietnam, Thailand, and the Middle East highlighted that, “With 84 per cent of organisations to be upskilling their workforce by 2020, companies need a newer approach to accelerate upskilling and to develop the talent they need to remain competitive. Employers also need innovative engagement and hiring strategies to differentiate.” He also shared how the HR services industry with large global networks covering all relevant stakeholders have proven its agility to keep up with changing circumstances and in helping clients and talent to prepare for the future.

In addition to the issue, the webinar also helped to reiterate the fact that to limit the economic downturn and its impact on people’s ability to earn a living, the labour market and all its stakeholders must quickly adjust to the new normal, where physical distancing and other strict measures will be integral to all workplace processes for a considerable time to come.

Also at the event, representatives from Bosch Vietnam and IKEA Vietnam shared their solutions to ensure sustainable employment and business model in the new normal state.

ManpowerGroup, the leading global workforce solutions company, helps organisations transform in a fast-changing world of work by sourcing, assessing, developing ,and managing the talent that enables them to win. ManpowerGroup develops innovative solutions for hundreds of thousands of organisations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills.

Its expert family of brands – Manpower, Experis, and Talent Solutions – creates substantially more value for candidates and clients across 80 countries and territories and has done so for 70 years.

In 2019, ManpowerGroup was named one of the World’s Most Ethical Companies for the 10th year and one of Fortune’s Most Admired Companies for the 17th year, confirming its position as the most trusted and admired brand in the industry.

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