Việt Nam News

TopCV receives US$424,000 investment

April 16, 2020 - 16:25

The recruitment platform TopCV has received nearly VNĐ10 billion (US$424,000) investment from NextTech Group through the group’s start-up fund Next100.

The recruitment platform TopCV connects more than 150,000 candidates with recruiters a month. — Photo courtesy of NextTech Group

HÀ NỘI — The recruitment platform TopCV has received nearly VNĐ10 billion (US$424,000) in investment from NextTech Group through the group’s start-up fund Next100.

The investment aims to help labourers nationwide seek job opportunities to increase incomes from working at home. It would also help firms choose high quality human resources with suitable fees, thus promoting their businesses during and after the COVID-19 pandemic.

After receiving the investment, TopCV quickly launched its portal to help businesses recruit labourers remotely at https://remote.topcv.vn.

The COVID-19 pandemic has seen complicated developments, causing an increase in the unemployment rate due to an economic downturn and halting of production and business.

Statistics from TopCV showed that after three months of the COVID-19 outbreak in Việt Nam, the number companies recruiting was reduced by 30 to 35 per cent. Many firms had to halt their operations or shut down completely, causing workers to lose their jobs or take a pay cut.

“It’s time for firms to have flexible changes not only in business models but also recruiting labourers in a new way, enhancing remote working ability,” said Trần Trung Hiếu, CEO of TopCV.

The TopCV platform collects jobs according to kinds of projects, part-time or full-time jobs. During the pilot project, there were 100 companies changing their business model and recruiting around 1,000 people remotely on the TopCV platform.

Shark Nguyễn Hòa Bình, CEO of NextTech Group, said providing technology solutions that help accelerate digital transformation of traditional sectors to increase value has been one of key investments of Next100.

Established in 2015, TopCV is the second biggest job platform in Việt Nam with nearly three million candidates, 95,000 employers and 10,000 applications updated everyday. TopCV connects more than 150,000 candidates with recruiters a month. More than 80 per cent of CVs sent to employers are built in TopCV. — VNS

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