Information technology (IT) is a fast-growing field, particularly, in Ho Chi Minh City. The City Authorities have made much effort to improve IT infrastructure and to make a master plan for IT human resource development. The development of IT human resource depends on the demand of IT market and on the supply of IT human resource. In order to have a highly reliable plan for IT human resource development, a forecasting model involving factors of IT human resource demand and supply is in big need. This research aims to establish an IT human resource forecasting model and to apply this model to the forecasting of IT human resource in Ho Chi Minh City from 2011 to 2020.