VietNamNet Bridge - Deputy Minister of Labour, War Invalids and Social Affairs Nguyen Thanh Hoa.
About 1.6 million people enter the job market every year. Meanwhile, the nation's population is growing by more than a million annually.
The population has been increasing by more than 1% annually, and more than 1 million people reach working age each year, Hoa told representatives at a national conference held last week in Da Nang City. The conference looked at implementing an employment programme and the Law on Vietnamese people working overseas under contract.
Hoa said the national employment target programme aims to ensure jobs for about 49.5 million people by 2010 and create new jobs for 8 million people in the 2006-2010 period. The rate of unemployment was expected to be reduced by 5% by 2010.
In 2006 and 2007, the Government approved an additional fund of 485 billion VND (30.3 million USD) for a national employment fund allocated to 64 cities and provinces nationwide and social and political organisations. In that period, more than 160,000 labourers were sent to work abroad.
At the conference, representatives from localities, enterprises and employment service centres asked relevant sectors to complete policies and regulations on labour and employment, revising articles from the Labour Code and from the Law on Minimum Salary. The representatives also said that it was necessary to develop a Law on Employment.
Participants also discussed ways to develop the domestic labour market and expand the foreign market, while strengthening check-ups and management of projects under the national employment target programme.
According to Minister of Labour, Invalid and Social Affairs Nguyen Thi Kim Ngan, the country's economy has developed in more than 20 years of doi moi (renewal), but it is not yet stable and is only minimally competitive. The unemployment rate in urban areas was still high at 5.10% in 2006.
The country's population is expected to reach 89 million by 2010. With the working population increasing at a rate of 2.4-2.5% each year, there are about 1.6 million people in need of employment annually. | 
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