Sharp Decline in Unemployment Benefit Applications in Hanoi
Hanoi recorded 5,240 approved applications for unemployment benefits, with the 25-40 age group representing the highest proportion. According to the Hanoi Employment Services Center, unemployment insurance plays a crucial role in stabilizing the labor market and ensuring social security. This policy not only provides financial support to workers but also offers career counseling, job placement services, and vocational training to enhance skills, facilitating their re-entry into the workforce.
Specifically, women aged 25-40 and over 40 still constitute the majority of applicants for unemployment benefits. The 25-40 age group accounts for 64.77%, a 4.77% increase from the previous month, marking the highest rate. The over-40 age group represents 28% (a slight increase from 24% in July), indicating minimal fluctuations in unemployment among middle-aged workers.
In August 2025, the Hanoi Employment Services Center received 6,811 applications for unemployment insurance, a decrease of 262 cases compared to the previous month. The Department of Home Affairs approved benefits for 5,240 cases.
“The decline in unemployment insurance applications suggests that workers are becoming more cautious about changing jobs in the latter part of 2025,” stated Mr. Vu Quang Thanh, Deputy Director of the Hanoi Employment Services Center.
Resale and New Condo Prices Surge Simultaneously
Soaring home prices, coupled with stagnant wage growth, have made saving for a down payment increasingly difficult, even for top earners.
Revival of Traditional Mid-Autumn Festival Toys: Priced at Millions of Dong
Tò he, a traditional Vietnamese folk toy crafted from rice powder, is taking the Mid-Autumn Festival by storm this year. Its charming appeal has sparked a surge in demand, making it a highly sought-after item for the celebrations.
Mapletree’s Next Move: Unveiling the 13,600m² West Tay Ho Land (Part 1)
In late 2024, Mapletree Investments Pte Ltd (Mapletree) finalized the acquisition of a 13,600m² land plot in the Tay Ho Tay urban area from Taseco Land, paving the way for the development of a Grade A office tower combined with retail space, boasting a total floor area of nearly 92,000m². This marks a rare move by the Singaporean real estate giant in Hanoi, following over a decade of primary focus on Ho Chi Minh City.
Massive $14.5B Project Connecting Hanoi to 1,900-Hectare Development: Which Major Player Will Invest?
This transformative project spans the communes of Thuận An, Phù Đổng, Thư Lâm, and Đông Anh in Hanoi, as well as the wards of Từ Sơn and Phù Khê in Bắc Ninh, seamlessly connecting key regions for enhanced accessibility and development.
The $1.4 Billion Highway Linking Gia Binh Airport to Hanoi
The highway linking Gia Binh Airport to Hanoi’s capital carries a total investment of nearly 33 trillion VND. Hanoi’s People’s Committee proposes compensating the developer with three land plots in Dong Anh and Thuan An communes.
