return icon

HCM City sees decline in labour demand in Nov, Dec

Employers’ recruitment demand in HCM City in the last months of the year is expected to see a 34 per cent decline compared to the same period last year due to the impact of the COVID-19 pandemic.

A person visits the HCM City Employment Service Centre to receive unemployment benefits. — Photo

The city’s labour market has seen positive changes, but recruitment demand has dropped 21 per cent year-on-year.

Hoa Han Bang, 37, from Binh Tan District, told Sài Gòn Giải Phóng (Liberated Sài Gòn) newspaper that he has 10 years of experience in logistics but has been unemployed because of the pandemic and must now live on unemployment allowance. 

He is one of nearly 158,500 workers unemployed in the city who registered for unemployment benefits in the first nine months of the year.

Le Thi Kieu Phuong, director of the city’s Employment Service Centre, said the proportion of people registered for unemployment benefits in the first nine months of the year has increased by 24 per cent year-on-year.

The centre’s main office in Binh Thanh District and six branch offices in districts 4, 6, 9, 12, Tan Binh and Cu Chi receive thousands of registrations for unemployment allowance every day.

The office has received the largest number of unemployment insurance applications among 63 cities and provinces across the country, accounting for a fifth of the country’s total applications.

According to a survey of 16,800 enterprises conducted by the city's Human Resources Forecast and Labour Market Information (Falmi) Centre, nearly 70 per cent of surveyed enterprises are facing difficulties in production and trade activities due to the impact of the pandemic.

Do Thanh Van, deputy director of Falmi, said many enterprises have had to let their employees take turns working or take unpaid leave because of financial problems. In some cases, labour contracts have been terminated.

In the first nine months of the year, workforce demand in four major industries including mechanics, electronics and IT, food and food processing, and chemicals-rubber-plastics, declined by 9.5 per cent compared to the same period last year.

Navigos Group, an HR service provider in Vietnam, pointed out that recruitment demand for medium- and high-level personnel has dropped 23.5 per cent compared to the same period last year, especially in the textile and garment industry.

Textile and garment workers have been facing greater unemployment risks due to low consumption of textile goods. Many textile and garment enterprises have switched to making face masks and protective medical clothing. 

Support for workers

About 40 per cent of local enterprises said that paying salaries has been their biggest financial burden after the country was hit by the pandemic, Anphabe Chief Opportunity Connector, Thanh Nguyen, said.

Some enterprises have been forced to lay off staff to reduce costs in the last months of the year.

Le Minh Tan, director of the city’s Department of Labour, Invalids and Social Affairs, said the department had organised many activities to support laid-off workers, such as creating conditions for them to turn to apprenticeships or career change.

Some enterprises had started recruiting workers again for production orders by the end of the year, he said.

Many social dialogues between employees, enterprises and state agencies had been held to discuss measures to minimise the impact of the pandemic on production and business activities.

The city authority was also supporting labourers by giving top priority to businesses that maintain production and keep their workers.

The city Employment Service Centre had provided online public services to shorten the processing time and help simplify the process of claiming unemployment support for workers.

Do Thanh Van of Falmi said the labour market had shown positive signs of recovery, but labour demand had still decreased.

There will be nearly 62,000-65,000 job vacancies in the last quarter of the year, a year-on-year decrease of 21 per cent, according to the centre.

Labour demand is high for trading, services, transportation-warehousing-port, food and food processing, IT- posts-telecommunications, and electricity-electronics-refrigeration.

Demand for trained workers accounts for 85 per cent. The demand for people with university, college, intermediate and elementary qualifications is 20 per cent, 20 per cent, 31 per cent and 14 per cent, respectively.  VNS

Recruitment demand rises, but employers can't find enough workers

Recruitment demand rises, but employers can't find enough workers

Enterprises in a number of sectors in HCM City need to recruit a large number of employees but are finding it difficult to fill positions despite numerous job losses amid the COVID-19 pandemic.

HCM City reaches vocational training targets

HCM City reaches vocational training targets

Vocational training programmes in HCM City have narrowed the gap between employers' expectations and employees' qualifications thanks to cooperation between vocational schools and businesses.


25 Apple ’s partners have factories set up factories in Vietnam

The number of Apple manufacturing partners setting up their factories in Vietnam has increased to 25 at present, four more than the 2020 figure, the tech giant said in its list of supply partners for the fiscal year 2021.


Hanoi inaugurates new road tunnel to address traffic congestion

Netlflix asked to remove "Little Women" for distorting history

The request was made by the Authority of Broadcasting and Electronic Information, under the Ministry of Information and Communications, according to Deputy Director General Le Quang Tu Do.

UOB upgrades 2022 growth forecast for Vietnam to 8.2%

Given Vietnam’s strong economic recovery in the third quarter, the Singapore-based United Overseas Bank (UOB) has raised its forecast for the country’s GDP growth this year to 8.2%, from the previous prediction of 7%.

Vietnam rice prices surge on Indian rice export restrictions

Prices of Vietnamese rice surged in the global and domestic markets after India announced restrictions on broken rice exports and a 20% duty on exports of various other types.

Deaths of Adenovirus total nine, infections increase with many severe cases

The child died at the National Children's Hospital on Monday and is not thought to have any health issues but had been treated for the past 50 days and recently needed a ventilator.


Vietnamese fleet to handle a fifth of exports by 2030: transport ministry

A day in the life of a fisherman in ​​Mong Cai

After Van Don - Mong Cai highway opened for traffic in early September, the border city of Mong Cai became a new tourist attraction.

Vietnamese navy ship arrives at Lumut port, beginning Malaysian visit

Sailing Ship 286-Le Quy Don of the Vietnam Naval Academy and a delegation of the Vietnam People’s Navy arrived at Lumut port in the Malaysian state of Perak on October 4, beginning a visit to Malaysia.

Hanoi, CNN boost tourism promotion cooperation

CNN wishes to resume tourism promotion cooperation with Hanoi, thus contributing to introducing the capital city’s cultural identity and valuable traditions to the world, Senior Vice President of CNN Robert Bradley said.

Vietnam's brand value reaches $431 billion

According to the latest report of the world's leading brand valuation consulting company - Brand Finance, Vietnam's national brand value has increased by 11 percent in 2022, from $388 billion to $431 billion.

Unblocking capital sources for the economy

After the recent increase in credit limit, the State Bank of Vietnam (SBV) has granted 13.6 percent of the total 14 percent credit room in 2022.

Share prices fall, billionaires lose big

Billionaire Tran Dinh Long’s assets have fallen by $1.6 billion this year, while billionaire Pham Nhat Vuong has lost $2 billion.

Video game helps promote Vietnamese culture, tourism

The video game “Lac Viet phieu luu ky” (Lac Viet Adventures) was selected by the Ministry of Foreign Affairs as a promotional product on digital platforms at the Vietnam Days Abroad 2022 in Austria, India, and the Republic of Korea this year.

Over 100 Vietnamese citizens deported from China for illegal stay

106 Vietnamese citizens that stayed illegally in China were returned to Vietnamese authorities at the Ly Van Border Gate in the northern province of Cao Bang on Tuesday.