According to the Hanoi Employment Service Center, the labor market in the last quarter of 2025 will be reinforced by a very positive investment platform and business environment. The city has stepped up the disbursement of public investment capital, recording that in the first 9 months of the year, the investment capital implemented from the State budget reached VND59,500 billion, reaching 31.1% over the same period. In addition, foreign direct investment (FDI) exceeded the annual plan, reaching 3.9 billion USD, 2.9 times higher than the same period. Strong investment capital from both the public and private sectors is and will continue to create many new projects, directly promoting the demand for labor recruitment in the coming time.
The Hanoi Employment Service Center commented that the business environment of the capital also shows a dynamic picture. In the first 9 months of 2025, nearly 52,000 new enterprises were established with registered capital increasing by 30.8% over the same period, demonstrating the entrepreneurial spirit and confidence in business opportunities.
However, the market also showed strong screening and restructuring when up to 24,100 businesses registered to temporarily suspend operations and 5,300 businesses dissolved, with the disolution rate increasing by 56.6%. This reflects a highly competitive environment, requiring workers to constantly improve their skills to adapt to the constant fluctuations of the market.
The Hanoi Employment Service Center predicts that the labor market will become active again in October 2025, with the main driving force coming from businesses starting to accelerate production and business to prepare for the peak season at the end of the year and Lunar New Year 2026. The trade - service sector is expected to lead the market with the strongest expected growth in human resource demand, about 4-5%, especially in the retail, logistics and marketing sectors.
At the same time, the construction industry is also forecast to have a high recruitment demand, an increase of about 4%, as public investment projects enter the phase of accelerating year-end disbursement. The processing and manufacturing industry is expected to have a stable growth rate of about 3-4%, focusing on consumer goods production. The tourism sector also maintains stable demand as it enters the peak season of international visitors, with an estimated increase in human resource demand of about 3%.
The steady growth in many areas shows a positive and diverse picture of the labor market in the coming time, said Mr. Vu Quang Thanh - Deputy Director of the Hanoi Employment Service Center.
