VietnamNewsToday.com

Firms in HCM city to need 50,000 workers by year-end

Enterprises in Vietnam’s southern metropolis of Ho Chi Minh City will need to recruit 50,000 workers to fulfill their production targets from now to the Lunar New Year 2011, said the municipal Center of Forecasting Manpower Needs and Labor Market Information.

Of the total, 25% are university and college graduates, 30% are trained workers and the rest are manual ones.

In fact, businesses in the city are in dire need of trained workforce. Though many companies had announced their recruitment plans for months, they could not recruit enough workers.

Low monthly salaries and bonuses are main reasons for the situation, the center said, explaining that manual workers want an average monthly salary of VND2 million (US$105), while skilled ones want the level of VND5 million. However, local enterprises find hard to meet the requirements.

Ho Chi Minh City now has 4.7 million people of working age. Of them, more than 250,000 laborers are working at the city’s 13 export processing zones (EPZs) and industrial parks (IPs).

The center forecast that firms will face more severe labor shortage in the future, as the city aims to build seven more IPs and enlarge the existing ones

The city has targeted to raise its trained workforce to 58% by late 2010 from 46% currently.

From VietNamBusiness

Newer Articles
  • National road set for upgrade
  • Over 16.5tr dong to build Dong Hoi seaport in central
  • Da Nang takes lead in competitiveness index
  • Ethnicity’s place of courtship recognized as cultural site
  • Hong Kong-invested GreenFeed puts Dong Nai factory online
  • 10 projects earmarked for Cau Treo
  • Mekong Expo 2011 opens in Can Tho Province
  • VN Business Summit opens in HN
  • HCM City takes lead in FDI attraction in April
  • Soc Trang to host 2nd Vietnam rice festival in November
Older Articles
  • Detailed plan of Nhuan Trach Industrial Zone released
  • Ha Noi People's Council sets goals
  • City bounces back from economic crisis
  • New dyke needed to protect HCMC
  • Dong Nai draws foreign investors
  • Localities identified for national tourism year during 2012-2017
  • New policies needed to spur growth
  • Ninh Thuan promotes craft industry, village development
  • HCMC-Beijing direct air route to open in mid Dec.
  • Int’l seminar on tourism development held in Huế
Latest News
  • Vietnamese software firms consider Japan as the major market
  • Despite problems, 2011 FDI spending equals 2010
  • EVNTelecom asks for government’s approval to sell 12pct stake for VTC
  • Vietnamese enterprises expanding into international markets
  • Ernst & Young Vietnam role to be examined
  • Vietnamese firms invest over $24.5b in foreign countries as of July-end
  • Vietnam Insurance Market: Keeping Double-digit Growth
  • Vietnam’s economy looks grim with ADB’s forecast
  • Ministry rejects import-export tax changes
  • Government okays anti-dumping suit against US
For Foreigners
  • Adb: policy tightening will lower inflation
  • HSBC, Barclays to advise Vietinbank’s planned overseas dollar bond sale
  • Vietnam govt to service debt for troubled cement projects
  • Calm heads prevail as the forex market to remain cool
  • Further fiscal & monetary tightening in coming months
  • IMF cuts Vietnam’s inflation forecast to 9.5pct in 2011
  • Vietnam’s dong has best week since 1997 after dollar rates curb
  • Vietnam tightens control over state-bank partnership
  • Foreign investors list problems in Vietnam
  • Foreign invested enterprises complain about customs procedures

BusinessTradeVietnamGovernmentFDIWorld economyVietnamese PartyEconomyEconomicMarketState managementPrime MinisterHCM cityHanoiHo Chi MinhCPIAsianWorldAmericaEuropeNguyen Tan DungHau GiangMekong DeltariceStandingMekongCambodiausajapanchinakoreaLai ChauHoa BinhHoi AnChu LaiQuang NamDa nangCan thoSon LaPower PlantMinistry of IndustryDung QuatOilSingaporeThailandMalaysiaIndonesiaLaosVietnameseFDI capitalinvestorsforeign investorNetherlandsUSservicetransportationinfrastructuretourismVNPostExpressSpainGoldTra fishexportcontractstouristMiddle AreaConstructionShipbuildingIndustryCompanyIndustrial ZonebudgetDong NaiBinh DuongVung TauTay NinhBinh PhuocTay NinhLong AnTien GiangUS investorshydropower plantQuang NinhNha TrangStock ExchangeHNXIndexcapitalAgricultureDong ThapAn GiangExport-Processing ZoneYen BaiLao CaiLai ChauDien BienSon LaHoa BinhPhu ThoHa GiangTuyen QuangBac KanLang SonCao BangmanufacturersAseanRussiadevelopmentAviationinflationHong KongAmericanChamber of CommerceSeafoodODAWBIMFFEDAsia-PacificAssociationcountriesEuropeanmarine economyThanh HoaNghe AnNam DinhHa TinhPhu LýVinh PhucBac NinhBac GiangHung YenHai DuongBinh ThuanBinh PhuocLam DongGia LaiKon tumQuang NgaiQuang BinhQuang TriNinh ThuanCa MauBac LieuSoc TrangTra VinhKien GiangVinh LongBen TreincomespoliciesLawassetsNatural GasBuildingstatisticsstrategyDa Latmineral exploitationprocessingindustrieselectricitywatersupplyEnterprisesforestryfisherycommunicationsreal estatetransportationCorruptionbauxiteSecuritiesInsuranceBankFinanceAccountgoodsTrade BalancecoffeeCoalfestivalHa NamNinh BinhHoa BinhUniversityArtsBooktravelVietnam VisaVisaPagodaCommitteePeople's CommitteeVinashincompaniesHoa PhatHSBCACBvietcombankvietinbank

Copyright 2010 © VietnamNewsToday.com 
Powered by: CIINS Design by: Webdesign.vn