Monday, June 10, 2024 3:11:16 AM - Markets open
VN-INDEX 1,287.58 +4.02/+0.31%
HNX-INDEX 244.99 +0.80/+0.33%
UPCOM-INDEX 98.86 +0.54/+0.55%
Garment firms need more workers for expanding operations
vietnamplus.vn - 2/28/2018 9:38:46 AM
 (0 ratings. You must sign in to rate.)
Many garment-textile companies in Ho Chi Minh City are recruiting more employees to expand operations after the Lunar New Year (Tet) holidays.
 
According to Tran Cong Khanh, Head of the Labourer Management Office of the Ho Chi Minh City Export Processing and Industrial Zone Authority (HEPZA), HEPZA now has 290,000 workers, of whom 95 percent have returned to work after the Tet holidays. The rest either took a further leave or changed their jobs.
 
According to the Centre for Forecasting Manpower Needs and Labour Market Information (FALMI) in Ho Chi Minh City, the city saw a shortage of 30,000 workers after the Tet holidays, mostly in the fields of real estate, IT, electricity-electronics, construction, garment-textiles and footwear, logistics, export and import, human resource management.
 
FALMI Deputy Director Tran Tuan Anh highlighted the stability of the workforce in local firms after the Tet festival, saying that most of labourers want to have stable jobs while companies better take care of their employees.
 
Though most of enterprises have adequate labourers, those operating in the fields of garment-textiles, processing and services-restaurants are forecast to see a shortage of 8-10 percent of employees because of their production expansion after the traditional holidays. Many local garment companies are in need of a huge volume of workers.
 
Dinh Thi Tuat, a representative of a jeans factory under Phong Phu International JSC in HCM City’s district 9, said her factory needs as many workers as possible. The Phong Phu International JSC resumed its production on February 22 (the seventh day of the first lunar month). A number of workers from neighbouring provinces have yet returned to work.
 
Some dozens of workers usually change their jobs after the traditional Tet holidays, Tuat said, explaining that, the huge recruitment mostly aims to serve its production expansion for export.
 
Uyen Linh Production Commerce Co. Ltd. in district 9 is also in need of between 100-300 garment workers. It pays between 6-8 million VND (265-350 USD) per month, and other benefits.
 
According to the HCM City Association of Garment and Textile (AGTEK), garment-textile firms have had enough purchase orders for the first quarter, even some for the second quarter right from the first days of 2018.
 
AGTEK President Pham Xuan Hong said the sector hopes to grow 10 percent in 2018. Vietnam’s key export markets such as the US, EU and Japan have stable demand, while new markets also see positive signs.
 
Hong underlined potential for firms in the sector, saying that big ones have entered big markets, while small ones eye niche markets with small volume, yet high prices.
 
Most of employers consider experience and skills of their candidates and advantages to fulfill their purchase orders and expand their markets.-VNA
 
Read original article here
Newer News
05/06 Việt Nam's State budget collection up nearly 15 per cent in five months
05/06 Businesses pivot to neighbouring markets due to uncertainties elsewhere
05/06 Việt Nam leads the region in attracting long-term investment into innovative start-ups
27/05 MoIT to step up talks on new FTAs
25/05 Criteria for assessing FDI announced
25/05 VN’s automobile industry still faces challenges in implementing FTAs
13/05 Việt Nam's wood industry strives to match sustainable wood demands
13/05 Việt Nam's data centre sector is attractive to foreign investors
13/05 Businesses and people expect VAT cut extension to be approved
13/05 VN ranks second in the world in cryptocurrency ownership rankings
Older News
27/02 Export turnover up 50 percent during Tet holiday
26/02 Government focuses on divestment in oil and gas sector Read more at http://vietnamnews.vn/economy/business-beat/423334/government-focuses-on-divestment-in-oil-and-gas-sector.html#fca5YTkYRkp8wDqP.99
26/02 Foreign investors register to invest 1.25 billion USD in January
26/02 Made-in-Vietnam varieties cover 59 percent of rice fields
23/02 FMCG market shows positive growth
23/02 Vietnam’s export turnover to expand 8-10 pct in 2018
22/02 Final version of Trans-Pacific trade deal released, rules pushed by US on ice
21/02 US Commerce Department proposes hefty import curbs on steel, aluminum from Vietnam, China
12/02 Textile exports to China growing
12/02 Fruit, veggie exports estimated at 321 million USD in January
 
Newsletter Signup
Top Stories
VN adds over 110,000 new securities accounts in April, bringing total to 7.7 million
Cautious rise amid low supply and cash flow, investors advised to monitor resistance area
Interest rates to rise but not have major impact on stock market: economist
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,287.58 +4.02/+0.31%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.