Business in trouble
Ha Tinh Statistics Office recently released a report on the socio-economic situation in the third quarter and 9 months of 2023 of this locality.
According to this report, from the beginning of the year to September 18, Ha Tinh province established 875 new enterprises, down 16.98% compared to the same period last year. Total registered capital reached 3,573 billion VND, down 48.58% compared to the same period last year, average capital per enterprise reached 4.08 billion VND, down 38.06% compared to the same period last year. The number of enterprises resuming operations after temporary suspension was 282.
Workers and engineers working at a construction site in Ha Tinh (Photo: Duong Nguyen).
Along with the number of newly established enterprises, in the past 9 months, the fluctuations of domestic and foreign markets, along with high bank interest rates, have greatly affected production and business activities.
Specifically, Ha Tinh has 157 dissolved enterprises (up 28.69% over the same period in 2022), 471 enterprises registered to temporarily suspend operations (up 22.98% over the same period). Thus, this province has a total of 628 dissolved and temporarily suspended enterprises.
From the above figures, the functional sector assessed that the production and business activities of enterprises in the recent past have encountered difficulties, especially the lack of capital, which has affected the development of enterprises in particular and the general development of the whole economy.
Solving employment by exporting labor
Regarding labor and employment, in the third quarter of 2023, many businesses in Ha Tinh increased recruitment with attractive salaries. However, businesses still cannot recruit enough workers because the working regime and policies for employees of businesses in Ha Tinh are still not enough to attract and retain workers.
The regional salary in Ha Tinh is quite low, so workers tend to look for businesses in other provinces such as Binh Duong, Hai Phong, Dong Nai, Ho Chi Minh City, etc. to find job opportunities. Therefore, the labor and employment situation in Ha Tinh tends to decrease compared to the same period last year.
Cuong Gian Commune, Nghi Xuan District, Ha Tinh Province has changed thanks to the labor force working abroad (Photo: Duong Nguyen).
In the first 9 months of 2023, the number of employed workers aged 15 and over was 495,672 people, accounting for 96.46% of the total workforce aged 15 and over and down 0.79% over the same period in 2022.
According to the survey results, in the first 9 months of 2023, the number of unemployed workers in Ha Tinh is estimated at 18,173 people, accounting for 3.54% of the labor force aged 15 and over and down 1.28 percentage points over the same period last year.
To help workers have stable jobs, in addition to organizing regular job fairs, Ha Tinh Employment Service Center has connected with a number of businesses to organize job fairs and job fairs; at the same time, implementing a labor export cooperation program, opening more vocational training classes for workers.
The number of people with jobs and labor export in the first 9 months of 2023 was 19,083 people, an increase of 0.87% over the same period in 2022.
Of which, 6,382 workers were employed through socio-economic development programs in the area, accounting for 33.44% of the total, down 9.11% over the same period last year.
3,721 workers went to work in other provinces; 8,980 workers were exported, accounting for 47.06%, an increase of 20.23%. The number of exported workers mainly worked in Taiwan (4,166 people), Japan (3,158 people), and South Korea (988 people); the remaining 668 people went to other countries, accounting for 7.44%.
According to the authorities, the above figures show that the number of people with jobs has increased compared to the same period last year, but mainly due to an increase in labor export.
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