1.3 million new jobs created by 2005, says MPI

Economists are looking for an increase of 1.3 million jobs and for the unemployment rate to hold at 5. 5 percent for 2004, the Hanoi Moi Daily reported Tuesday, quoting the Ministry of Planning and Investment.
Jobs have boomed with the economy churning out one million new jobs so far this year, 200,000 of which were created in September alone, according to the Vietnam News Agency.

Employers added hundreds of thousands of new jobs in a variety of industries, 260,000 in newly-established businesses, and an additional 40,000 in new industrial and export processing zones, the state-run news agency said.

The State will strive to send more highly-skilled workers overseas. It will also boost employment through a series of job-creation initiatives such as encouraging youth volunteers to help staff rural development programs and systematically promoting commercial agriculture, fisheries and forestry.

Source: Hanoi Moi – Compiled by Tran Phong.
Story from Thanh Nien News
Published: 12 October, 2004, 23:01:58 (GMT+7)
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