Business

54.6 million jobs generated in Q1

An estimate of 54.6 million jobs were added to the Vietnamese workforce in the first three months of 2019, up 0.11 percent from the last quarter of 2018.
54.6 million jobs generated in Q1 ảnh 1The electricity sector sees higher labour demands during January-March. (Photo: VNA)

Hanoi (VNA) – An estimate of 54.6 million jobs wereadded to the Vietnamese workforce in the first three months of 2019, up 0.11percent from the last quarter of 2018.  

According to an update on the Vietnamese workforce releasedin Hanoi on April 4, a number of sectors saw higher labour demands duringJanuary-March compared to the previous period.

They included the production and distribution ofelectricity, natural gas, hot water, water vapour, and air conditioners (up 18.4percent); finance, banking, and insurance (5.8 percent); and art andentertainment (8.5 percent).

In contrast, others were estimated to have reduced labourdemands, including agro-forestry-fishery (0.8 percent); mining (7.6 percent);and realty (8 percent).

As such, the three-month GDP growth was projected to hit6.58 percent.

The report said in the last quarter of 2018, 54.53 millionpeople secured employment, while the number of the unemployed in the workingage group stood at just over 1 million. The figures represented an increase ofnearly 23,000 people and decrease of 7,600 from the previous period,respectively. –VNA
VNA
#54.6 million jobs #Vietnamese workforce #higher labour demands #Quarter 1 #electricity #natural gas #hot water #water vapour #reduced labour demands #agro-forestry-fishery #mining #realty #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

CPTPP could create 27,000 jobs in Vietnam each year

CPTPP could create 27,000 jobs in Vietnam each year

Joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will help create 17,000-27,000 jobs each year for Vietnamese workers from 2020, Director of the Institute of Labour Science and Social Affairs Dao Quang Vinh has said.
Up to 130,000 new jobs expected in HCM City in 2019

Up to 130,000 new jobs expected in HCM City in 2019

As many as 320,000 job vacancies are expected in the southern largest economic hub of Ho Chi Minh City next year, said Tran Anh Tuan, Vice Director of the city’s Human Resources Forecasting and Labour Market Information (Falmi) Centre.

See more

Workers process agricultural products for export. (Photo: VNA)

Vietnam's small business growth soars to a four-year high

The survey findings released in Ho Chi Minh City on March 21 show that the growth momentum is expected to accelerate in 2025, with 92% of small businesses expecting to grow, the highest projection among 11 markets surveyed.

At the meeting between French Minister of Transport Philippe Tabarot and Vietnamese Minister of Construction Tran Hong Minh in Hanoi on March 21. (Photo: VNA)

French businesses show strong interest in Vietnam’s high-speed railway project: Minister

Minh also mentioned Vietnam’s ongoing construction of Long Thanh International Airport, which will have a total capacity of 100 million passengers per year upon completion. The airport is expected to become Vietnam’s largest and serve as an international gateway, offering new opportunities for global aviation businesses, including those from France, to expand their connections in Vietnam and ASEAN, he said.

The ground-breaking ceremony for the Hon La International Port on March 21 (Photo: VNA)

Quang Binh breaks ground on 90-million-USD international port

The port features comprehensive planning with modern warehouses, logistics areas, and technical facilities. Its strategic location in the sheltered Hon La bay, protected by Hon Co and Hon La islands, provides ideal natural depth for large vessels.

SMEs face many difficulties in accessing capital. (Photo: baokiemtoan.vn)

SMEs need support policies: insiders

With nearly one million businesses and around five million business households, the private sector contributes approximately 51% of the country's Gross Domestic Product (GDP) and over 30% to the State budget. However, most small and medium-sized enterprises (SMEs) face significant barriers in scaling up and enhancing their competitiveness.

Quang Ninh plans to develop four new industrial parks (Photo: VNA)

Quang Ninh to develop four new industrial parks

To attract investment for infrastructure development in these zones, the Quang Ninh provincial People's Committee is focusing on reviewing available land and making a list of projects to attract investors for technical infrastructure construction.

A Vietjet executive performs the ribbon-cutting ceremony for the Ho Chi Minh City - Bengaluru route launch. (Photo: baodautu.vn)

Vietnam’s leading airlines to open new routes to India

Vietnam's national flag carrier Vietnam Airlines plans to launch direct flights from Hanoi to Bengaluru and Hyderabad starting in May, while private carrier Vietjet has already commenced services connecting Ho Chi Minh City to these two major Indian hubs on March 18.

Inside a steel factory in northern Vietnam. Despite signs of recovery, the industry remains below 2021 production levels (Photo: VNA)

Steel sector faces challenges

Vietnam’s steel sector is grappling with mounting challenges, including a rising volume of Chinese steel exports, domestic oversupply and global trade barriers, experts warn.