Want to be in the loop?
subscribe to
our notification
Business News
JOB MARKET EXPECTED TO PICK UP IN 2021
The job market will slightly pick up in 2021, with more recruitment demand for employees in manufacturing, IT, banking, and insurance industry, according to a report on the middle and senior recruitment demands in Vietnam by Navigos Vietnam.
Specifically, industrial zones in Binh Duong, Dong Nai, Long An, and Can Tho are drawing attention and investment from foreign manufacturing enterprises, which will create more employment this year.
According to the analysis of Navigos Search, Japanese manufacturing enterprises in the electronic and automotive spare parts plan to expand in 2021. In addition, many manufacturing enterprises from Europe, the United States, China, and Japan are exploring the market to invest in factory construction and develop production and business activities in Vietnam, especiay the southern market.
Due to the land shortage in Ho Chi Minh City, it is expected that they will grow in new industrial zones in Binh Duong, Long An, Dong Nai, and Can Tho.
In the fourth quarter of 2020, Navigos Search also observed the quick recovery of recruitment in the IT industry after COVID-19. Enterprises continue to recruit but focus on high-quality personnel with the most up-to-date technologies to increase their products and services' competitiveness. "New entrants" are quickly building their recruitment brands and having good salary and bonus policies to attract qualified personnel.
Although the COVID-19 epidemic delayed recruitment in the IT industry, companies are making plans to recruit 1,000 IT engineers in 2021.
Meanwhile, the banking industry is looking for candidates to work in technology and data. Banks are planning to recruit a large number of employees for credit sales (customer relations). Also, recruitment in the technology and data sectors will be boosted due to strong demand for digital transformation at commercial banks.
Another sector with bright employment prospects is the insurance industry. Since a number of life insurance companies have signed exclusive contracts with commercial banks in bancassurance, they are in need of recruiting consultants to work full time.
Source: VIR
Related News
DIGITAL TRANSFORMATION IN LOGISTICS – A KEY TO UNLOCKING SUSTAINABLE E-COMMERCE AND ECONOMIC DEVELOPMENT
Accelerating digital transformation in logistics is critical in order to promote the sustainable development of e-commerce, a conference on applying technology held by the Ministry of Industry and Trade heard on Thursday, as well as accelerating overall economic growth.
SOILBUILD EXTENDS ITS HORIZONS INTO VIETNAM INDUSTRIAL REAL ESTATE
Soilbuild Group, an integrated real estate group, has broadened its investment in industrial real estate to Vietnam through its Soilbuild International division. The official launch of Soilbuild International (Vietnam) took place in Hanoi on May 9th, 2024, and was attended by esteemed guests, including domestic and international partners.
SEMINAR: BUSINESS SPOTLIGHT - THE HONG KONG-INSPIRED PRESENCE NESTLED IN THE HEART OF HANOI'S EAST
16h00 - 18h00, Wednesday (May 22nd, 2024)Almaz Convention Center - Hanoi (GG map: https://maps.app.goo.gl/YtWyGgkiTwWvFnfX6)
VIETNAM SECURES REMARKABLE ECONOMIC SUCCESSES SINCE NATIONAL REUNIFICATION
Since the national reunification on April 30, 1975, Vietnam has obtained admirable economic achievements and is now on its way to become the 20th largest economy in the world. Back to 1975, Vietnam, torn by two major wars, was a backward economy dependent on agriculture and foreign assistance. Foreign loans and aid accounted for over 63 percent of its budget.
350 EXHIBITORS TO TAKE PART IN HCM CITY PAPER, COATINGS, RUBBER, PLASTIC EXPOS
They will have a total display area of 10,000sq.m, 30 per cent more than last year, and the participation of over 350 local and international exhibitors who will showcase thousands of products and technologies.
INT’L INVESTORS EYE VIETNAM’S DATA CENTER MARKET – REPORT
Vietnam’s data center market is increasingly attractive to foreign investors, driven by the country’s expanding digital economy, rising data consumption, and supportive government policies, said a new report by JLL. While Vietnam’s data center sector has traditionally been dominated by local telecommunications companies, global players are now entering the market.