Job promotion scheme launched in Hanoi

The Hanoi municipal administration has approved a programme to generate 705,000 jobs, including 23,000 abroad, for the 2011-15 period.

The scheme comes from the pressure of a boom in workforce, which, as forecast by the municipal Service of Labour, Invalids and Social Affairs, is to reach 4.6 million by 2015, or 90,000 new comers in each of the next five years.

The capital city’s annual unemployment rate is estimated at between 180,000 and 200,000.

The new move focuses on developing labour-intensive sectors such as industries and services, while restructuring agriculture and rural economy into commercial production through the building of crafts villages or crafts streets to provide massive jobs for rural workforce.

Efforts will be made to attract foreign investments, which are considered to be ideal for using on-spot labour. The scheme also aims to boost labour exports to traditional markets such as Japan, the Republic of Korea and Finland and exploring new markets of great potential.

Another focus of the scheme is on vocational training to meet an increasing demand for skilled workers. Rural labour redundancies as victims of urbanisation are subject to vocational training efforts in order to enable them to find new jobs.

Hanoi now has a population of over 6.4 million, second only to Ho Chi Minh City. During the 2006-09 period, over 485,000 citizens were newly employed, of whom over 15,300 were sent abroad.

This year, the municipal administration plans to provide jobs for anther 135,000.

The capital city has spent VND50 billion on vocational training for rural labour redundancies who have lost farm land to urbanisation.

More than 70 percent of the graduated apprentices have found jobs, showing that the vocational training quality has met market demand.

Tags: ,

Posted by VBN on Aug 9 2010. Filed under Economy News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • China Gold Imports to Surge: Report
  • Why today’s gold bull market dwarfs the last one
  • High price dents Indian gold demand
  • China gold firm halts trade after flawed accounting report
  • Why gold demand is surging in China?
  • China United Mining Co to mine gold in Russia’s Magadan region
  • Top price for MGM China’s IPO shares
  • Honda eyes normal output