Economic integration
Launch of new study on labour market effects of AEC 2015
Findings of a new study on how Viet Nam’s labour market will be affected by deeper ASEAN integration will be shared by the International Labour Organization (ILO) and the Asian Development Bank (ADB), in Hanoi, on Thursday 4 September.
HANOI (ILO News) – Findings of a new study on how Viet Nam’s labour market will be affected by deeper ASEAN integration will be shared by the International Labour Organization (ILO) and the Asian Development Bank (ADB), in Hanoi, on Thursday 4 September.
The ASEAN Economic Community (AEC), which comes into effect in 2015 will allow for a freer flow of skilled labour, service, investment and goods among the ten ASEAN member states, potentially affecting the livelihoods of the 90 million Vietnamese and the 600 million people living in the region.
The report “ASEAN Community 2015: Managing integration for better jobs and shared prosperity” examines the impact of the AEC on labour markets using economic model simulations. It highlights the challenges and opportunities that will accompany the AEC, including managing labour migration, boosting productivity and wages, improving job quality, and supporting the required structural changes and regional cooperation. The report also offers policy recommendations for creating better jobs and ensuring that the benefits of the AEC are equitably shared.
The report will be unveiled at the Viet Nam National Policy Dialogue on the same issue co-organized by the Ministry of Labour, Invalids and Social Affairs (MoLISA). The findings will be discussed by a high-level panel on “Opportunities and challenges of ASEAN integration for better jobs and shared prosperity”. Those taking part are expected to include senior representatives of MoLISA, workers and employers’ organizations, Ministry of Industry and Commerce, and Viet Nam Academy of Social Sciences.
The event will be held at 8:30 on Thursday 4 September at the Melia Hotel, 44B Ly Thuong Kiet Street, Hanoi.
The ASEAN Economic Community (AEC), which comes into effect in 2015 will allow for a freer flow of skilled labour, service, investment and goods among the ten ASEAN member states, potentially affecting the livelihoods of the 90 million Vietnamese and the 600 million people living in the region.
The report “ASEAN Community 2015: Managing integration for better jobs and shared prosperity” examines the impact of the AEC on labour markets using economic model simulations. It highlights the challenges and opportunities that will accompany the AEC, including managing labour migration, boosting productivity and wages, improving job quality, and supporting the required structural changes and regional cooperation. The report also offers policy recommendations for creating better jobs and ensuring that the benefits of the AEC are equitably shared.
The report will be unveiled at the Viet Nam National Policy Dialogue on the same issue co-organized by the Ministry of Labour, Invalids and Social Affairs (MoLISA). The findings will be discussed by a high-level panel on “Opportunities and challenges of ASEAN integration for better jobs and shared prosperity”. Those taking part are expected to include senior representatives of MoLISA, workers and employers’ organizations, Ministry of Industry and Commerce, and Viet Nam Academy of Social Sciences.
The event will be held at 8:30 on Thursday 4 September at the Melia Hotel, 44B Ly Thuong Kiet Street, Hanoi.