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This paper aims to analyze the concepts of informal economy, informal employment, and informal economy workers in Vietnam. The author has also explored the characteristics of the informal economy workers in Vietnam about their education level and income, spiritual and material life, and social policies for them such as social insurance, health insurance, or other social welfare. Informal economy workers are those who have bad technical expertise, unstable jobs, lack labor contracts, or work on verbal contracts to earn a low income. In this paper, the author has proposed some recommendations on improving the life of informal economy workers. The government should enhance public policies and guarantees for them. It is necessary to strengthen the implementation of labor law in the formal sector. Besides, there is a need to enhance assistance on training to improve occupational skills for informal economy workers. The State should encourage informal economy workers to participate in voluntary social insurance programs. To reduce the number of informal economy workers, it is necessary to promote official employment by creating opportunities for the informal economy workers to work in companies, to have labor contracts, and to join social insurance and health insurance.

Informal Employment and the Life of Informal Economy Workers in Vietnam