LETCO in 2024: A Look into the Future of Labor Export Market Developments

As we step into 2024, the panorama of the labor export market reveals a promising landscape with notable improvements. The demand for labor is on the rise, both in terms of the need for foreign workers and the aspirations of Vietnamese workers seeking opportunities abroad. Furthermore, the cooperative relationships between Vietnam and its international partners are gaining momentum, fostering increased opportunities for Vietnamese workers on the global stage.

Mr. Nguyen Quang Trung, Director of LETCO shed light on the remarkable achievements of the company in 2023

In the wake of the Conference summarizing production and business activities in 2023 and outlining business plans for 2024, Mr. Nguyen Quang Trung, Director of LETCO shed light on the remarkable achievements of the company in the past year. The key highlight was the dispatch of 1,328 workers and international students to various destinations for employment and education. As the labor export market continues to evolve, LETCO's role becomes pivotal in shaping the landscape for Vietnamese workers and students seeking opportunities abroad.

One significant factor contributing to LETCO's success is the recent diplomatic upgrades between Vietnam and two major destinations for its workforce - Japan and South Korea. Vietnam's elevation of diplomatic ties with Japan to a "Comprehensive strategic partnership for peace and prosperity in Asia and the world" and with Korea to a "Comprehensive strategic partnership" has opened new avenues for Vietnamese workers and international students. Japan and South Korea stand out as the two leading countries receiving Vietnamese workers, thus emphasizing the importance of diplomatic relations in shaping the labor export market.

In the year 2024, several countries have adjusted their study abroad policies to attract students in a more accessible direction. Nations such as Korea, Taiwan, Canada, and New Zealand are making concerted efforts to create an environment conducive to attracting international students. These policy adjustments not only signify a more inclusive approach to education but also present new opportunities for LETCO and its mission to facilitate Vietnamese students in pursuing education and work experiences overseas.

Dr. Nguyen Van Thien highlighted the need for solidarity and consensus among the company

Dr. Nguyen Van Thien, Head of the HaUI Administration Department and member of the Board of Members of LETCO Company, highlighted the need for solidarity and consensus among the company's leadership and departments. In the face of an evolving labor export market, he emphasized the importance of perfecting the company's apparatus, investing in training and team development, and meeting the evolving requirements of the new era.

To consolidate its position in the labor export market, LETCO must continue to affirm its role and brand, aligning with the University's policies. Acting as a bridge, LETCO strives to connect the University's students with opportunities for overseas study and work. The company aims to intensify its communication efforts, showcasing the strength of the LETCO brand as an enterprise affiliated with Hanoi University of Industry.

LETCO awards officers who exceeded their targets and trade union members who completed their tasks in 2023

As a part of the Conference, LETCO Company took the opportunity to recognize and award admission officers who exceeded their targets and trade union members who completed their tasks in 2023. This acknowledgment not only reinforces the dedication of the team but also motivates them to continue their efforts in the upcoming year.

In 2024, LETCO stands at the forefront of the evolving labor export market, guided by strategic vision, adaptability, and a commitment to the mission of facilitating international opportunities for Vietnamese workers and students. As the company navigates the challenges and opportunities ahead, it remains a vital player in shaping the future of the labor export landscape.