Keyword: "labour market"

A working delegation led by Parliamentary State Secretary to the Federal Ministry for Economic Cooperation and Development of Germany Bärbel Kofler on October 29 visited LILAMA2 International Technology College (LILAMA2) in the southern province of Dong Nai in an effort to promote Vietnam-Germany cooperation in vocational training and labour migration.

Ho Chi Minh City will need some 310,000 - 330,000 workers for job vacancies next year, according to the latest survey of the city’s Human Resources Forecasting and Labour Market Information (Falmi) Centre.

Vietnam’s labour market faces a critical challenge as many low-skilled workers, despite losing their jobs, are reluctant to pursue vocational training programmes aimed at helping them switch careers.

In the third quarter of 2024, the labour force aged 15 and above reached 52.7 million, an increase of 114,100 people compared to the previous quarter and 238,800 people year-on-year, according to the General Statistics Office (GSO).

Hanoi’s labour market continues to recover, as a decrease in the number of businesses dissolving and ceasing operations has had a positive impact on it, and over 22,600 job vacancies were offered last month, according to the Hanoi Employment Service Centre.

Ho Chi Minh City needed to hire some 60,000 jobs in four key industries and nine major service sectors in Q3, up 3.5% against the same time last year, according to Director of the HCM City Centre for Forecasting Manpower Needs and Labour Market Information (Falmi) Nguyen Hoang Hieu.

Many localities in the Southern Key Economic Zone have continued to see improvements in the labour market.

Malaysia's GDP expanded by 5.9% year-on-year in the second quarter of 2024, surpassing the estimates, the Malaysian government and the Bank Negara Malaysia (BNM) have reported.

The "Centre of Excellence" project, a centre for green energy training, has made its debut at a recent conference of the Union of Friendship Organisations of the Mekong Delta city of Can Tho.

In response to the city's slowing labour productivity growth, the Ho Chi Minh City People’s Committee has issued a labour and employment strategy for the 2023-25 period, with a vision to 2030.

Vietnamese workers hold numerous opportunities in the high-tech labour market, but stronger efforts are still needed to improve their skills to meet employers’ demand.

The labour market is gradually returning to normal development trends seen before the COVID-19 pandemic, according to the Ministry of Labour, Invalids and Social Affairs (MOLISA).

The capital city of Hanoi witnessed 9,400 enterprises enter the market with the total registered capital of 97.6 trillion VND (3.84 billion USD) during January-April, falling 6% in the number of firms and rising 9% in capital as compared to the same time last year, according to the municipal Statistics Office.

Malaysia's labour market is projected to remain stable in 2024, with the average unemployment rate at 3.2%, according to Kenanga Investment Bank Bhd (Kenanga IB).

The northern province of Bac Giang will continue improving its business environment and strive to secure its position in the top five most competitive cities and provinces in the nation, according to the Director of the Provincial Department of Planning and Investment Bui Thi Thu Thuy.

Improving qualifications of guest workers and developing foreign labour markets that suit Vietnamese labourers' standards and skills have been considered as key tasks in 2024 in order to stepping up the sending of labourers to work abroad.

Vietnam’s labour market quality has not yet improved with a large portion of informal workers although the employed population increased,, according to the General Statistics Office (GSO).

Nearly 100 domestic and foreign enterprises in Ho Chi Minh City – the southern largest economic hub of Vietnam - offered some 20,000 job vacancies at a job fair held in the city on December 17.

The capital city of Hanoi created jobs for 171,200 workers in the first three quarters of 2023, surpassing the yearly plan by 5.7%, the municipal People’s Committee has reported.

In the time ahead, the northern province of Bac Giang will step up the mobilisation of social resources for vocational training to help improve the quality of local human resources, said the provincial People’s Committee.