Hanoi’s labor market flourishes, contributes to socio-economic development

Kim Thanh, Le Phuong
Chia sẻ
(VOVWORLD) - In the first half of this year, Hanoi’s economy saw some bright spots, with many enterprises expanding their production and business. Higher demand for labor, especially by service businesses in the capital’s central districts, has spurred the labor market and contributed to social security.

Hanoi’s labor market flourishes, contributes to socio-economic development - ảnh 1People attend a job fair in Long Bien district in 2024. (Photo: laodongthudo.vn)
The Hanoi Center for Employment Service reported that in the first half of the year, approximately 16,500 people were seeking jobs, 45% of them 25 to 34 years old.

Businesses need about 46,000 people, mainly for the service sector (47%), followed by manufacturing, processing, and education.

The greatest demand is for service and sales staff, followed by office assistants. In particular, the IT industry in Hanoi is becoming a hot spot with the growth of local and international technology companies.

Do Duc Tri, Deputy General Director of Nhan Kiet Human Resource Supply Company, said his company has supplied more than 40,000 workers nationwide, mainly for large enterprises like Samsung, Viettel, Shinhan, and Kinh Do.

“They work as technical staff, factory staff, and operations staff. To meet the growing demand of the domestic labor market, we plan to recruit more than 2,000 workers to work as factory and building operations staff, customer service staff, and drivers at attractive salaries,” said Tri.

Vu Quang Thanh, Deputy Director of the Hanoi Center for Employment Service, said the current socio-economic situation offers good opportunities for businesses to expand production. Enterprises in the capital are recruiting more workers to fulfill new orders, expand production, and start new projects. Sectors with high labor demand are wholesale and retail sales, transportation and warehouse, processing and manufacturing, tourism, accommodations and restaurants, arts, and entertainment.

It’s forecast that in the 2nd half of the year, the labor supply for the capital will be more abundant with many young graduates from universities, colleges, and intermediate schools.

Deputy Director Thanh said that the rate of businesses registering for recruitment at the Center has increased month after month. “Businesses have high labor demand, and there are a lot of people looking for jobs – tens of thousands. We connect businesses and workers so they can rapidly join the labor market.”

This year, Hanoi has set a target of generating 165,000 jobs, reducing the urban unemployment rate to below 3%, and increasing the rate of trained workers to over 74%. In the first half of this year, approximately 125,000 people found jobs, accounting for 76% of the annual plan, and 10% more than in the same period last year.

Hanoi’s labor market flourishes, contributes to socio-economic development - ảnh 2Nguyen Tay Nam, Deputy Director of the Hanoi Department of Labor, Invalids, and Social Affairs (Photo: Thu Minh)

Nguyen Tay Nam, Deputy Director of the Hanoi Department of Labor, Invalids, and Social Affairs, says that, in order to reach its goals, the Department has directed the Hanoi Center for Employment Service and related agencies to continue implementing systematic solutions, strengthen supply and demand connectivity, and support workers to learn new vocational skills.

“We continue to organize vocational training courses suiting the labor market demand. We’ll also recommend that the municipal authorities allocate funds to create jobs for poor people and other social beneficiaries,” said Mr. Nam.

Hanoi is working to improve vocational education to train high-quality human resources to meet the new demand.

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