Business leaders required to drive Vietnam’s industrial, digital and technology boom in 2019: Michael Page

HO CHI MINH CITY, VIETNAM – Media
OutReach – 29 May 2019 – Michael Page, a global leading recruitment
consultancy firm released its Michael Page Vietnam Employment Outlook 2019
highlighting a significant upward trend in hiring within the Ecommerce,
digital, technology and Fintech spaces.

 

Tamara Boonstra, Director
at Michael Page Vietnam comments, “Vietnam’s industrial, digital and technology sectors are
booming. System app developers, Chief Technology Officers as well as Big Data
engineers are especially in demand as companies look to grow their digital
capabilities. Vietnamese professionals in Digital & Technology, Ecommerce and
Fintech are not always observed to have the right capabilities yet but
companies are willing to invest in grooming local talent. It is encouraging to
see these efforts in nurturing a home-grown Vietnamese workforce.”

Vietnamese talent in digital and technology are
limited with strong competition from companies seeking for similar top
professionals. The report indicates a 20% increase in the number
of Digital and Ecommerce jobs posted in Vietnam in the last 12 months.
Successful job movers can expect a premium 20 to 25% salary hike.

Tamara observes, “In
order to fill these open roles, some companies have expanded their candidate
search to South East Asia, China, the US and Europe or attracting experienced
Vietnamese professionals living abroad who are looking to return home.
Companies seek talent with a strong business acumen, skilled in stakeholder management
who can push back and are fluent in English, Vietnamese returnees often have
the global mindset and experience to fulfill these requirements.”

Manufacturing remains a huge industry as more
factories move into Vietnam. This large amount of FDI entering the country is
driving the demand for quality talent even further. Demands to increase
productivity has resulted in the need for automation within these new premises.
Therefore professionals skilled in manufacturing management as well as quality
and process improvement will see increased opportunities.

“Vietnam’s employers need to be aware that
start-ups are quickly becoming a popular employer option due to their
attractive culture and engaging environment.  To be an employer of choice, companies in
Vietnam need to offer industry-standard salaries and benefits. Apart from
monetary benefits, companies need to show professionals the long-term career
progression opportunities available,” Tamara
advises.