HCM City’s job market shows signs of recovery

The labour market in Ho Chi Minh City showed signs of recovery in the first quarter of this year with more than 44,000 job positions on offer while nearly 19,500 others looked for jobs in the period.

Illustrative image (Source: VNA)

Illustrative image (Source: VNA)

The HCM City Human Resources Forecast and Labour Market Information (Falmi) Centre said the demand for human resources across sectors went up 13.14 percent year-on-year.
The highest demand for labour was seen in services with 70.38 percent of total vacant jobs, followed by industry (29.51 percent) and agriculture (0.11 percent). Notably, such sectors as processing and manufacturing, retail and wholesale, motor vehicle maintenance and repair, construction, education and training, and information and communications were the most desperate for workforce.
The centre said the demand for trained labourers made up 85.72 percent, including 22.19 percent of university graduates or holders of higher education degrees, mostly in finance-banking, IT, architecture, electricity, marketing, management and health care.
Meanwhile, the need for untrained workers accounted for 14.28 percent of the total demand, mainly in chemicals, garment-textile, business-trade, printing, tourism, and lodging and catering services.
Falmi said despite the impact of the COVID-19 pandemic, many socio-economic indicators have shown good growth on a yearly basis. Therefore, many enterprises have drawn up recruitment plans to realise their new business strategies.

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