Vietnam Biggest City Creates 275,000 New Jobs in 2010

7:36:06 PM | 1/8/2011

Vietnam’s southern metropolis of Ho Chi Minh City generated 275,000 new jobs last year, up 2.4% from a year earlier, said the municipal Department of Labor, War Invalids and Social Affairs.
 
The most labor-intensive industries in 2010 were garment and footwear, plastic and packaging, services electronics and communications, and marketing and sale, with more than 50% of their workers unskilled, the Voice of Vietnam Radio said Jan 4.
 
Some 19% of employees working in information technology, construction, architecture, business and human resources management, auditing and accountancy have university degrees or college certificates, it added.
 
In 2010, the city’s unemployment rate stood at 5.1% in 2010, down by 0.2 percentage point over 2009.
 
Its population reached 7.44 million by 2010, up 3.1% over 2009. The local poor household rate also decreased to 5.6% in 2010 from 8% in 2009.
 
Ho Chi Minh City now has 4.7 million people of working age. Of them, more than 255,855 laborers are working at the city’s 13 export processing zones (EPZs) and industrial parks (IPs).
 
Enterprises in the southern metropolis will need to recruit 44,580 workers in the first half of next year to fulfill their production targets. (VoV)