Vietnam’s labour market shows signs of recovery

The labour market is showing signs of recovery as online demand for human resources increased considerably in the second quarter of this year, said Vietnam’s largest job placement website, VietnamWorks.com.

In its report dated August 6, VietnamWorks.com said that the online labour demand index surged by 37 percent in the second quarter of this year and Ho Chi Minh City is leading the top ten cities and provinces registering the highest rise in the index.

Increases were seen in 34 out of 50 jobs named on the website with finance, accounting, applied technology and information technology and administration jobs topping the list.

The increase partly reflects employers’ efforts to seek talented and skilled workers to help them overcome the current economic difficulties and prepare for the up-coming recovery.

The online labour supply index also went up by 9.2 percent this quarter as compared to the first quarter of this year, according to the report.

The rise can be seen as a positive trend of Vietnam’s labour market, demonstrating that labour recruitment in the market has become more professional, said General Director of VietnamWorks.com Chris Harvey.

Meanwhile, the gap between the supply and demand for labour has narrowed, which has contributed to lowering pressure on job seekers, said Chris Harvey.

Source: Vietnam News Agency

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