Vietnam Boosts Tech Recruitment as Economy Opens Up

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Vacancies continue to grow in Vietnam's tech sector as tourism opens up. Many firms are looking for employees with tech-savvy skills to ensure a smooth customer experience when booking, checking in or interacting online.

Many are recruiting and re-training former employees while looking for fresh graduates. Other tech-savvy roles in the fintech, retail, and consumer goods sectors are also in demand, particularly in sales and marketing, production and technology, and engineering.

"Recent recruitment trends show that Fintech, together with the logistics and manufacturing industries, are up and rising in Vietnam. Hence, the spotlight is now on tech-focused roles like product manager, business analyst or software developer, as well as strategic quality, sourcing, and engineering roles,” said Nguyen Hoang Thanh Chuong, recruitment business deputy director at Adecco HCM City.

This trend is part of a bigger hiring spree in Vietnam, where the construction and service sectors are also booming. In addition, the country's population is relatively young and educated, making it an attractive destination for businesses looking to expand their operations.

According to the Department of Labour, Invalids and Social Affairs, more than 36,500 new jobs were created in Ho Chi Minh City in the first quarter of 2022, 1,800 more than the same period last year. However, the number of active job seekers and applicants decreased by approximately 20 percent.

“The majority of skilled professionals find themselves in a good place and decide to stay with their current companies amidst the economic recovery with many good prospects ahead. On the other hand, enterprises continue to look for talent to drum up their business, especially in the manufacturing and service sectors, leading to a noticeable labor shortage in these areas," said Chuong.

“Alongside the development of renewable energy, financial services, and logistics sectors, hiring demand will rise for investment, sales, and new market development manager,” he added.

A recent report by DealStreetAsia also revealed a blockchain talent squeeze in Vietnam, leading to higher salaries across the tech sector as companies compete for workers.

The report notes that the fast-paced growth of the blockchain sector has led to demand for talent far exceeding supply. “Vietnam’s blockchain talent supply is limited because the number of educational institutions that provide blockchain at the undergraduate and master’s level has not risen with demand, which is expected to explode in 2022,” said Oswald Yeo, chief executive officer of Glints, a Singapore-based recruitment platform.

Image credit: iStockphoto/DragonImages