Hanoi aims to create jobs for 169,000 workers by 2025

Labor market recovery

According to the General Statistics Office, in 2024, the number of employed workers will be 51.4 million, an increase of 212,000 people compared to the same period last year. The unemployment rate in urban areas is 2.38%, down 0.17% compared to the same period. The rate of trained workers accounts for 68.7%, of which the rate of workers with degrees and certificates is 28.1%.

According to the forecast of the Center for Human Resources Forecasting and Labor Market Information (Falmi) of Ho Chi Minh City, the human resource demand of Ho Chi Minh City in 2025 is 310,000 - 330,000 workers. Of which, the first quarter needs 79,000 - 84,000 jobs, the second quarter is 77,000 - 82,000, the third quarter is about 75,500 - 80,500 and the fourth quarter needs 78,500 - 83,500 jobs. In terms of structure by economic sector, the highest human resource demand is concentrated in the areas: Trade - services (67.7% of total demand), industry - construction (31.8%); the lowest is the agriculture, forestry and fishery sector (0.5%).

Hanoi Employment Service Center informed that the strong recovery of the economy creates a great driving force for the recovery of the labor market in Vietnam in general and Hanoi in particular. In particular, enterprises in the industrial - construction and real estate business sectors often have the highest recruitment needs.

By 2025, Hanoi City aims to create new jobs for 169,000 workers; reduce the urban unemployment rate to below 3%; and reach 75% of trained workers...

To achieve the goal, Hanoi City has proposed solutions such as: Supporting social security, developing the labor market and workforce, promoting the implementation of social insurance policies; promoting economic growth; improving the quality of human resources...

Human resource training solutions to supply the market

Assessing the prospects of the labor market in 2025, Ms. Nguyen Thi Lan Huong - former Director of the Institute of Labor Science and Social Affairs (Ministry of Labor, Invalids and Social Affairs) commented that the labor market will improve due to economic development and increased investment capital from foreign enterprises. Accordingly, the demand for labor recruitment will also increase.

“In 2025, there will be many job opportunities, but in groups that require high technical expertise. Workers who want to have job opportunities must meet the needs of businesses, must have skills, have technical expertise...”, Ms. Huong said.

Speaking to Lao Dong reporter on January 2, 2025, Mr. Le Quang Trung - former Deputy Director in charge of the Department of Employment (Ministry of Labor, Invalids and Social Affairs) expressed his opinion that in 2024, the labor market has recovered and developed positively. 2025 is a year with many favorable socio-economic conditions for the labor market to continue to develop positively, many industries and fields create many jobs and attract many workers, including industries related to infrastructure, export production, AI technology, digital transformation, robots, information security and network security, accounting, service industries, maintenance, machinery operation...

However, reality also poses challenges in labor supply and demand, especially highly qualified labor, experts, and new fields. “The problem for us is that we need to have solutions on human resources, have specific plans to train, retrain, foster, and improve human resources to meet new needs and new jobs; have plans to effectively use human resources; promote labor market information, especially medium and short-term forecasting; strengthen job counseling and referral; effectively organize job exchanges by time, industry, field, in each locality and nationwide” - Mr. Le Quang Trung said.