Hanoi creates jobs for 171,200 labourers over nine-month period

Municipal authorities have entrusted the Vietnam Bank for Social Policies (VBSP)’s chapter in Hanoi to provide loans to impoverished individuals and welfare beneficiaries, with a total amount of VND1.8 trillion, over US$37.77 million, creating jobs for 34,600 labourers.

As many as 65,600 people received assistance from the capital’s unemployment insurance fund with a total amount of nearly VND1.82 trillion. Meanwhile, close to VND3 billion has been allocated to support vocational training for a total of 663 labourers.

According to details given by the Hanoi Department of Labour, Invalids and Social Affairs, the municipal authorities have taken a range of measures aimed at both supporting and creating jobs for local labourers amid challenging labour market conditions.

More than 3,000 workers have been sent to Japan, Taiwan (China), and the Republic of Korea to work under fixed-term labour contracts during the reviewed period, the department said.

The Hanoi Employment Service Centre (HESC) organized 191 job fairs during the review period, involving the participation of 5,500 enterprises, during which more than 13,500 people were recruited.

Most notably, an online job fair connecting eight provinces and cities, namely Hanoi, Ninh Binh, Bac Giang, Bac Ninh, Thai Nguyen, Hai Phong, Thai Binh, and Ha Nam, which took place on September 28, attracted 121 units and businesses, offering a total of 15,578 job opportunities.

Organising job fairs in districts and towns over recent times has been a practical initiative and one of the measures aimed at spurring the further development of the labour market, the department said.

They not only create a platform for connecting businesses and job seekers, but also offer good opportunities for young workers to gain access to information related to the labour market, thereby equipping them with knowledge and basic skills, as well as developing the adaptability needed to navigate the jobs market, it added.