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Hanoi aims to create 169,000 new jobs in 2025

By Minjun ParkVietnam
1 min read
vietnam factory labor
vietnam factory labor
In this article (5)

Hanoi plans to create 169,000 new jobs, reduce urban unemployment rate to below 3%, and increase the proportion of trained workers to 75% in 2025, its People’s Committee said.

The city will implement policies and solutions to support the comprehensive recovery and development of the labor market, with a focused and targeted approach.

Vu Thu Ha, the committe’s vice chair, said to achieve the targets, the city will focus on ensuring social welfare, developing the labor market, and strengthening the workforce.

At the same time, efforts will be made to promote economic growth, improve the quality of human resources, and raise the efficiency of job-creation loan programs funded by the city budget through the Vietnam Bank for Social Policies’s Hanoi branch, the official added.

A total of 255 job fairs are planned throughout the year, aiming to create 50,600 job opportunities, including 4,600 positions overseas.

The People’s Committee has asked the Department of Labour, Invalids, and Social Affairs to take measures to boost the labor market, create jobs, and continue sending workers abroad.

In 2024, the city generated about 225,000 new jobs, surpassing the set target by 36.3%. The number of participants in mandatory social insurance exceeded 2.1 million, an increase of 4.5% compared to 2023. Meanwhile, 107,000 people joined voluntary social insurance, a rise of 21.2% year-on-year.

Questions & Answers

Q.

What specific targets has Hanoi set for its labor market in 2025?

A.

Hanoi aims to create 169,000 new jobs, reduce urban unemployment to below 3%, and increase the proportion of trained workers to 75% in 2025. These are the key objectives outlined by the People's Committee.

Q.

Which specific measures will the city employ to achieve its job creation goals?

A.

The city will focus on ensuring social welfare, developing the labor market, and strengthening the workforce. Efforts include promoting economic growth, improving human resources, and enhancing job-creation loan programmes via the Vietnam Bank for Social Policies.

Q.

How many job fairs are planned to contribute to the job creation target, and how many opportunities are expected?

A.

A total of 255 job fairs are planned throughout the year. These events are projected to create 50,600 job opportunities, including 4,600 positions for workers overseas.

Q.

How did Hanoi's job creation performance in 2024 compare to its set targets?

A.

In 2024, Hanoi generated approximately 225,000 new jobs, which significantly surpassed the city's set target by 36.3%. This indicates strong performance in the previous year.

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