Hanoi creates 213,200 jobs, exceeding annual target by 29.1 per cent

The city invested VND3.9 trillion ($160 million) to create 53,266 of those jobs through Vietnam Bank for Social Policies. Interview sessions, job exchanges, and the Employment Service Centre also accounted for 17,374 roles, and 4,415 workers were sent abroad on fixed term contracts. Businesses hiring through traditional methods made up 138,106 workers.

A job exchange session in Long Bien district

In November alone, the city created jobs for more than 16,900 jobs, an increase of 19.8 per cent on-year. It is estimated that by the end of 2024, Hanoi will have created 225,000 new jobs, reaching 136.3 per cent of the annual target.

In November alone, the city created jobs for more than 16,900 workers, an increase of 19.8 per cent over on-year.

Hanoi Department of Labour, Invalids, and Social Affairs said that in 2024, Hanoi's labour market reported positive changes and exceeded the target of job creation.

To achieve this result, the department has directed the implementation of solutions to develop the labour market, contributing to economic development, production, and business. It has also closely monitored labour use and employment, especially in industrial parks, to promptly support enterprises to overcome difficulties with human resources.

Moreover, it has strengthened consulting and job transaction sessions, improved the efficiency of management, and regulated labour supply and demand to effectively connect employees and employers.

To successfully reach its targets, the department has coordinated closely with departments and agencies in the city and other localities, and regularly monitored the developments of the labour market to direct the Hanoi Employment Service Centre to strengthen job fairs to match supply and demand.

The Employment Service Centre has organised 239 job fairs with 7,289 participating units and enterprises so far this year. The total recruitment and enrolment needs reached 142,491 people; the total number of interviewed workers was 49,122; and the number of workers recruited at the sessions was 17,374. In 2024, the centre plans to have completed 261 job fairs, recruiting 18,500 workers.

With the implementation of effective job creation solutions, the urban unemployment rate has been estimated to be less than 3 per cent by the end of 2024, achieving the plan set by Hanoi People's Council.

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