In the Vietnamese fishery processing sector, the employment figures showed steady increases from 238.34 thousand units in 2013 to 262.2 thousand units in 2023. This period experienced fluctuations, including notable growth spurts in 2015 with a 4.63% rise and stability from 2017 to 2020. Over the past two years, the year-on-year variations were 0.39% in 2022 and 0.38% in 2023. The 5-year CAGR leading up to 2023 was a modest 0.64%, indicating gradual growth.
Future trends to watch for:
- Forecasted employment growth is slow but consistent, with a 5-year forecasted CAGR of 0.25%.
- By 2028, employment is projected to reach 266.41 thousand units, reflecting a total forecasted growth rate of 1.25% over the next five years.