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Labour demand up, supply down in 2014: report

Vietnam’s labour market in 2014 saw a surge in demand but a slight decrease in supply, according to an online human resources report released recently by the job website VietnamWorks in Ho Chi Minh City.
Vietnam’s labour market in 2014 saw a surge in demand but a slightdecrease in supply, according to an online human resources reportreleased recently by the job website VietnamWorks in Ho Chi MinhCity.

Last year, labour demand soared by 38 percent while thesupply fell by 1 percent from 2013, the report said, elaborating thateach candidate had to compete with 48 others for a vacancy, down from1/65 in 2013.

Employment opportunities were, however, not equallyavailable for job seekers, especially new graduates, since almostvacancies required experience and trained qualifications, it added.

HCMCity, Bien Hoa city of southern Dong Nai province, Mekong delta Can Thocity, central Dang Nang city, and northern Bac Giang province recordedthe highest numbers of job hunters.

Accounting was the mostsought job as each candidate had to beat 102. Jobs relating topaperwork, import-export, electricity, and electronics also saw fiercecompetition among seekers, VietnamWorks found.

Tran Anh Tuan,Deputy Director of HCM City’s Centre for Forecasting Manpower Needs andLabour Market Information, said more than 40 percent of job hunters inthe city in 2014 came from other localities, lower than the previousyear.

About 18.6 percent of local workforce held a bachelor’sdegree, 2.8 percent graduated from junior colleges, and 9.9 percentunderwent vocational training, he noted, forecasting that it will behard for labourers to meet high requirements of the city’s economicintegration between 2015 and 2020.-VNA

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☂ President Ho Chi Minh – Visionary founder of Vietnamese revolutionary press

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☂ Thai Binh completes housing upgrade programme ahead of schedule

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꧟ Vietnam News Agency launches multimedia platform

The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
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