Ho Chi Minh City created jobs for more than 25,500 labourers in May, raising the number of jobs created since the beginning of the year to 122,190, accounting for over 46% of the year’s target, the Communist Party of Vietnam (CPV) Online Newspaper reported.

Besides, the Vietnam’s southern economic hub adopted 147 loan projects for business and production from the fund for training and creating jobs for those whose land is reallocated to new purposes.

According to Tran Anh Tuan, Deputy Director of the Ho Chi Minh City Centre of Forecasting Manpower Needs and Labour Market Information (FALMI), in May the city experiences an increasing need for recruitment of skilled and professional labourers.

In particular, the demand for technical workers and those who have vocational training from the textile and garment, leather footwear, guarding, construction, sales, and service sectors is expected to see a 57.5% increase compared to the same period last year.

At a meeting with Deputy Prime Minister Vu Van Ninh on May 27, HCM City Chairman Le Hoang Quan said the socio-economic situation in the city has improved in the year to date with major economic indicators posting positive growth, according to the Saigon Times Daily.

He said that the index of industrial production (IIP) in the period rose 5.3 percent over a year ago and industrial production continued expansion.

The City licensed 120 new foreign-invested projects with combined registered capital of nearly 800 million USD from January to May, a year-on-year increase of 119.2 percent. It now has around 5,029 active foreign direct investment (FDI) projects with total pledged capital of more than 34 billion USD.-VNA