According to the Hanoi Employment Service Center, the city's labor market will enter September 2025 with the foundation of positive socio-economic results in the first 8 months of the year, especially driven by the success of the series of activities to celebrate the 80th anniversary of the August Revolution and National Day on September 2.
The center forecasts that some industries will have good growth in human resource recruitment demand in September, including: Tourism, travel, accommodation, and food and beverage services (expected to increase by over 5%); healthcare (increase by 4%); processing and manufacturing industry (increase by 3.5%) and trade - services (increase by 3%. The steady growth in many areas shows a positive and diverse picture of the labor market in the coming time.
In addition to the short-term boost from celebration activities, the Hanoi City labor market is also reinforced by more sustainable growth factors. Domestic demand and manufacturing capacity maintained good growth momentum, demonstrated by the 8-month industrial production index increasing by 6.5% and the total retail sales of consumer goods and services increasing by 12.6%. The trust of the business community was also strengthened when in the first 8 months of the year, 2,000 newly established enterprises with registered capital increased by 26.1% over the same period, said Mr. Vu Quang Thanh - Deputy Director of Hanoi Employment Service Center.
According to Mr. Thanh, the motivation from public investment and foreign investment is very large. With the realized public investment capital reaching VND 50,900 billion (up 33.2%) and FDI attraction reaching USD 38.2 billion (level 1.6 times over the same period), the start of a series of key projects and acceleration of progress will continue to create great demand for human resources.
In addition to favorable factors, according to Mr. Thanh, the labor market still faces challenges, especially the number of enterprises temporarily suspended (19.7%) and dissolved (39.9%) is still high.
Along with that, the labor utilization index in industrial enterprises in the past 8 months decreased slightly by 0.3%, showing that a part of enterprises is still in the process of optimizing human resources instead of expanding scale.
