Introducing automation models to students. (Photo: Hoang Hieu/ VNA)
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On September 22, the Center for Forecasting Human Resource Needs and Labor Market Information in Ho Chi Minh City reported that the job market in the third quarter of this year was more vibrant compared to the same period last year, with a 2.61% increase in the demand for human resources to support production and business activities across various fields and industries.
A survey of over 19,400 businesses and more than 71,700 job vacancies revealed that the demand for human resources was mainly concentrated in the trade and service sector, offering nearly 53,000 jobs or 73.66% of the total (an increase of 2.6% compared to the same period in 2023). The industry and construction sector came second with over 18,000 jobs or 25.16% (a decrease of 1.87%), followed by the agriculture, forestry, and fisheries sector with 847 jobs or 1.18% (an increase of 5.95%).
According to Ms. Nguyen Hoang Hieu, Director of the Center for Forecasting Human Resource Needs and Labor Market Information in Ho Chi Minh City, the demand for human resources in the four key industries and nine main service sectors reached nearly 60,000 jobs (accounting for 83.36% of the total demand, an increase of 3.5% compared to the third quarter of last year).
Out of these, the four key industries required more than 13,100 jobs, accounting for 18.31% of the total demand (an increase of 12.24% compared to the third quarter of last year). Specifically, the mechanical industry needed 4,615 jobs, accounting for 6.43% of the total demand; electronics and information technology required 3,395 jobs or 4.73%; chemical, pharmaceutical, and rubber industries needed 2,742 jobs or 3.82%; while the processed food industry demanded 2,390 jobs, accounting for 3.33%.
The nine main service sectors demanded 46,690 jobs, making up 65.05% of the total demand for human resources (an increase of 1.28% compared to the third quarter of 2023). Specifically, the trade sector offered over 17,700 jobs or 24.75% of the total; transport and warehousing needed over 3,200 jobs or 4.58%; tourism required over 2,000 jobs or 2.89%; while post, telecommunications, and information technology demanded around 4,100 jobs or 5.71%. The finance, credit, banking, and insurance sector offered 4,600 jobs or 6.51%; the real estate business sector provided 5,800 jobs or 8.16%; information, consulting, science, and technology services needed 6,500 jobs or 9.13%; education and training required 1,800 jobs or 2.52%; and the healthcare sector demanded 574 jobs, accounting for 0.8% of the total demand for human resources.
Practical lesson on Semiconductor Circuit Design for students of the Faculty of Electrical and Electronic Engineering, Da Nang University of Technology Education. (Photo: Van Dung/VNA)
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The survey also showed that some economic sectors with high human resource demands included wholesale and retail, as well as automobile, motorcycle, and other vehicle repair, offering over 17,700 jobs (24.75% of the total demand, an increase of 3.99% compared to the third quarter of 2023). The processing and manufacturing industry required nearly 15,500 jobs (21.59% of the total, an increase of 0.84% compared to the previous year).
Professional, scientific, and technical activities demanded over 6,500 jobs, while the real estate business sector needed 5,857 jobs. Administrative and support service activities required 5,563 jobs, and the finance, banking, and insurance sector offered over 4,600 jobs. The information and communication sector demanded over 4,000 jobs, and other sectors needed over 4,000 jobs as well.
According to Ms. Nguyen Hoang Hieu, Director of the Center for Forecasting Human Resource Needs and Labor Market Information in Ho Chi Minh City, the domestic and global economic situation continues to face challenges despite signs of recovery.
However, the Vietnamese economy has shown positive signs, thanks to the government’s efforts in promoting reforms and improving the business environment. Additionally, international integration has had a positive impact on Vietnam’s economy, both domestically and in Ho Chi Minh City specifically.
“Notably, Ho Chi Minh City has also proposed flexible solutions to promote economic and social development and support the positive growth of the labor market. This has opened up numerous job opportunities for workers, contributing to a more vibrant job market in the city during the last months of 2024,” shared Ms. Nguyen Hoang Hieu.
Thanh Vu
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## Meeting with Vietnam’s Top Business Leaders: Forging Strategies for National Economic Growth and Social Development
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The conference was graced by the presence of Vietnam’s esteemed Deputy Prime Ministers: Tran Hong Ha, Le Thanh Long, and Ho Duc Phoc. Also in attendance were leaders from various ministries, central agencies, and prominent Vietnamese businesses. These included well-known names such as VinGroup, Hoa Phat, Thaco, KN Holdings, SunGroup, T&T, Geleximco, Minh Phu, Masan, Sovico, TH, and Refrigeration Electrical Engineering (REE).
The Milbourne Group Scandal: Phase 2 – A Tale of Contrasting Attitudes and Behaviours
The ongoing trial uncovers the illegal activities of Truong My Lan, the former Chairwoman of the Van Thinh Phat Group, and her 33 accomplices. The extent of their lawlessness is being revealed, with each hearing shedding light on their wrongdoing.
The Magic City’s Revised Timeline for the Submission of Land Price Tables for Appraisal
The Ho Chi Minh City government is taking the time to carefully consider public opinions and feedback before finalizing and announcing the adjusted land price list. While the initial plan was to release this information by September 15, the city administration is committed to a thorough process. This month, the Department of Natural Resources and Environment is expected to finalize and submit the supplementary content for evaluation, demonstrating a thoughtful and deliberate approach to this important matter.
The Hunt for Victims of Loan Sharks: A Tale of High-Interest Rates and Desperation in Ho Chi Minh City
The Binh Tan District Police (Ho Chi Minh City) are seeking victims of Dang Thanh Son’s group to come forward and cooperate with their investigation. Those with any relevant information are encouraged to step up and assist the authorities in their inquiries.
