41,500 workers lose jobs as demand, manufacturing plummet

People look at job postings at the Thang Long industrial park in Hanoi's Dong Anh District. Photo by VnExpress/Pham Chieu

Thousands of contracted workers have lost their jobs, mostly since the middle of this year, and hundreds of thousands of others have reduced working hours amid a demand slump.

The Vietnam General Confederation of Labor said Monday those in labor-intensive businesses like textile, leather, wood, and seafood processing have been affected.

Many businesses have been seeing orders plummet as demand falls in markets like the U.S., Europe and Japan, and also face huge difficulties sourcing raw materials and from rising costs.

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