Vietnam Biggest Economic Hub Needs 61,000 Workers
Ho Chi Minh City, Vietnam’s biggest economic hub, now needs an additional 61,000 workers, including 12,000 in processing and industrial parks.
The need for workers is a result of the fact that many companies in the city had to lay off workers due to financial problems. Those workers found new jobs in other companies or even in other service industries.
As companies felt the effects of the global economic crisis, several companies in the city needed workers to work three shifts a day and had to pay unsatisfactory salaries. In fact, many businesses even have paid their workers below the minimum legal wage.
However, the Vietnamese economy has begun to recover and with new orders being placed, many local firms cannot fill them for due to the shortage of laborers.
Other companies in the southern metro region are being forced to adjust wages in order to keep their workers. Big companies such as Viet Tien, Nha Be and Sai Gon 3 are paying wages of VND2.5 million per month. Some are also following regulations on bonuses and leave time.
HCM City aims to generate 270,000 jobs and reduce its unemployment rate below 5.3 per cent this year.
The city has focused on establishing vocational training centers that will provide 370,000 skilled workers annually. (VoV)