Companies in Hanoi specializing in commerce and services, manufacturing, production, finance, and real estate along with information technology, healthcare and education have prioritized employing multitasking workers in the last months of 2024, according to the Hanoi Center for Employment Service.

Job seekers gather information about hiring from companies at the 2024 Ba Vi District job fair. Photos: Tran Oanh/The Hanoi Times

The center's Deputy Director Vu Quang Thanh attributed the high demand to businesses' positive production, especially those operating in trade, tourism, hospitality, and entertainment.

In September, Hanoi's labor market continued its recovery with large enterprises have focused on hiring workers with advanced technical skills, especially in information technology and engineering.

However, the companies become more accommodating when it comes to educational credentials in the current job environment. 

Top industries seeking workers as labor market shifts

The Hanoi Employment Service Center organizes online job fairs to bring together companies and job seekers.

As the last quarter of the year approaches, the Hanoi labor market is experiencing significant fluctuations, especially in recruitment activities. Many companies are focusing on hiring across different skill levels.

More and more companies are attending job fairs to find quality candidates. Meiko Vietnam Electronic Co., Ltd. is looking to hire 100 production workers with high school diplomas, offering salaries ranging from VND7 million to VND10 million (US$277-US$395) per month, with housing provided for those who live far away.

Viettel Hanoi, a branch of the Military Industry and Telecommunications Group (Viettel), is looking for 30 sales staff, 30 customer service representatives, 50 telesales agents and 50 telecom billing staff with high school or vocational education, for salaries ranging from VND7 million to VND18 million ($277 to $711.6) per month.

The center estimated that about 16,000 job seekers were looking for work in Hanoi last October. Based on a survey of 7,500 job seeker profiles, the center found that 43.81% have no formal education and are mainly seeking positions as production workers and sales staff. Meanwhile, 25.7% have college degrees and are focusing on roles such as clerks, accountants, and technicians.

Most job seekers would be satisfied with salaries between VND5 million and VND10 million per month, accounting for 78.8%, while 16.8% want salaries between VND10 million and VND20 million ($395-$791). The majority are over 35 years old (46.8%), followed by 25-34 years old (42%), and 11% are 15-24 years old.

 Workers in specialized and technical fields tend to seek jobs that match their training. In addition, some individuals are moving into the informal sector, engaging in freelance work and online sales on platforms such as TikTok, Shopee, and YouTube.

To optimize supply and demand in the labor market, the Hanoi Center for Employment Service will assess the hiring needs of enterprises based on comprehensive survey data from now until the end of 2024. This assessment will enable the department to advise enterprises on their hiring activities, Thanh said.

The unit hosts daily job fairs, including online interviews linked to 14 locations throughout the city. Some sessions also facilitate online interviews with provinces and cities in the Red River Delta region.

In addition, mobile job fairs are organized in various districts and cities in Hanoi.

The Deputy Director of the Hanoi Center for Employment Service said that in addition to significant growth in the manufacturing, tourism, real estate, and wholesale and retail sectors, the city is also focusing on accelerating the disbursement of public investment and attracting foreign direct investment (FDI). These efforts are creating a stable economic and social environment that supports the recovery and growth of the labor market.

In addition, several major holidays are approaching, including Christmas, New Year's Day 2025, and the Lunar New Year in 2025, which will further influence hiring trends, he noted.