Labor Export in 2024: Promising Markets and Emerging Trends

Labor Export in 2024: Promising Markets and Emerging Trends

Labor export has always been a critical sector, significantly contributing to Vietnam’s economy by creating jobs, increasing workers’ income, and fostering the transfer of skills and technology. The year 2024 is expected to be a promising year for labor export, offering numerous opportunities in major international markets along with new trends aligning with global labor demands. Below is a detailed analysis of potential markets and notable trends for the coming year.

Promising Markets in 2024

1. Japan
   Japan continues to be the most stable and important market for Vietnamese workers. With a rapidly aging population, Japan has a high demand for workers in industries such as healthcare, caregiving, construction, and agriculture. Moreover, the Japanese government has introduced various policies to attract foreign workers, such as expanding the Tokutei Ginou (Specified Skilled Worker) visa program, providing opportunities for long-term residency and career development.
2. South Korea
   South Korea remains an attractive destination due to labor cooperation programs like the EPS (Employment Permit System). Industries such as manufacturing, food processing, and agriculture have a growing demand for Vietnamese workers. The South Korean government is also working to improve working conditions and welfare for foreign laborers, further enhancing the market’s appeal.
3. The Middle East
   Middle Eastern countries like Saudi Arabia, Qatar, and the UAE are ramping up recruitment of foreign workers to support large-scale infrastructure and energy projects. Vietnamese workers in construction and mechanical engineering are highly sought after due to their skills and work ethic.
4. Europe
   Several European nations, including Germany, Romania, and Poland, are opening their labor markets to Vietnam, particularly in fields such as healthcare, elderly care, and construction. Germany, with its work-study training programs, is attracting many young Vietnamese workers eager to learn and work in a professional environment.
5. Australia and New Zealand
   Australia and New Zealand are emerging markets with significant demand for workers in agriculture, food processing, and construction. Immigration and labor policies in these countries are becoming increasingly flexible, creating substantial opportunities for Vietnamese workers.

Emerging Trends in Labor Export for 2024

1. Focus on Skilled Labor
   Instead of exporting unskilled workers, countries are increasingly prioritizing the recruitment of highly skilled and well-trained workers. This shift requires Vietnamese workers to improve their professional qualifications, language proficiency, and soft skills to meet international standards.
2. Digital Transformation and Technology Adoption
   The digital transformation is profoundly impacting the labor export sector. Many labor export companies in Vietnam are adopting technological solutions to connect, manage, and support workers more effectively, from recruitment to their time abroad.
3. Development of Pre-Departure Training Programs
   Given the rising demand for skilled labor, pre-departure training programs are receiving greater attention. These programs equip workers with professional knowledge, cultural understanding, and communication skills to integrate smoothly and meet job requirements.
4. Long-Term Labor Trends
   Labor markets in countries like Japan, Germany, and Australia are implementing policies that allow workers to stay for extended periods, or even settle permanently. This not only expands job opportunities but also provides stability for workers and their families.
5. Enhanced Protection for Workers’ Rights
   The Vietnamese government and international partners are placing greater emphasis on protecting the rights of exported workers. Bilateral agreements are being signed to ensure workers receive fair wages, good working conditions, and legal support when needed.

Benefits of Labor Export in 2024
Increased Income for Workers: With attractive salaries in major markets, Vietnamese workers have the opportunity to significantly improve their economic status.
Skill and Technology Transfer: Working in developed countries enables workers to enhance their expertise and gain valuable experience.
Economic Contribution: Labor export generates substantial foreign currency inflows and stimulates the growth of related sectors such as education and training.
Conclusion
Labor export in 2024 promises to bring immense opportunities for Vietnamese workers. With the development of promising markets and new trends, seizing opportunities and improving individual capacities are critical for workers to succeed in the international labor market. Meanwhile, government and enterprise support will serve as a solid foundation for Vietnam to continue asserting its position in the global labor export industry.

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