TALENT MANAGEMENT

Multinational Companies Driving Recruitment Activity in Vietnam

Vietnam’s reputation as an emerging economy has attracted overseas companies to establish their presence in the country and has encouraged the development of start-up companies in the country, driving recruitment activity, according to the latest annual Global Salary Survey from specialist professional recruitment firm Robert Walters.

“Professionals will have access to a wider pool of job opportunities,” says Gerrit Bouckaert, Country Manager of Robert Walters Thailand & Vietnam.  “Employers should consider retaining high performers by offering clear career development paths, and conduct annual reviews of remunerations and employee benefit packages.”

Employers will be focusing on hiring returning Vietnamese talent with overseas working experience, commercial mind-sets and familiarity with the local working culture, according to the report.

Professionals can look forward to more job opportunities across various industries due to favorable market conditions in 2017.

Salary increase

Market insights from the recent annual Global Salary Survey suggested that qualified candidates moving jobs in 2017 can expect average salary increments of 10 -25%.

“Vietnam’s reputation as an emerging economy has attracted overseas companies to establish their presence here and encouraged the development of start-up companies in the country,” says Gerrit Bouckaert, Country Manager of Robert Walters Thailand & Vietnam.

“This will drive recruitment activity and professionals will have access to a wider pool of job opportunities. Employers should consider retaining high performers by offering clear career development paths, and conduct annual reviews of remunerations and employee benefit packages.”

In the accounting & finance field, start-ups will be looking to hire candidates with relevant industry experience while established businesses undergoing transformation will value entrepreneurial professionals with the skills to lead new projects.

Growth in electronic manufacturing and building & construction will drive demand for mid to senior level engineers in the semiconductor, high-tech electronic and factory automation sectors, as well as automotive and chemical industries.

As Vietnam is a growing IT hub, this will drive recruitment for specialists in cloud computing, big data, business intelligence and information security.

There will be a trend of more SMEs transforming their traditional HR set-ups to the business partnering model, driving demand for culture change HR and HR business partner professionals.

Due to the growth of the animal feed additives industry, senior marketing leaders with sound English language skills will be required to promote the business.

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