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

May 29, 2019 - 03:01
Business leaders required to drive Vietnam’s industrial, digital and technology boom in 2019: Michael Page

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

 

Tamara Boonstra, Directorat Michael Page Vietnam comments, "Vietnam's industrial, digital and technology sectors arebooming. System app developers, Chief Technology Officers as well as Big Dataengineers are especially in demand as companies look to grow their digitalcapabilities. Vietnamese professionals in Digital & Technology, Ecommerce andFintech are not always observed to have the right capabilities yet butcompanies are willing to invest in grooming local talent. It is encouraging tosee these efforts in nurturing a home-grown Vietnamese workforce."


Vietnamese talent in digital and technology arelimited with strong competition from companies seeking for similar topprofessionals. The report indicates a 20% increase in the numberof 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, "Inorder to fill these open roles, some companies have expanded their candidatesearch to South East Asia, China, the US and Europe or attracting experiencedVietnamese professionals living abroad who are looking to return home.Companies seek talent with a strong business acumen, skilled in stakeholder managementwho can push back and are fluent in English, Vietnamese returnees often havethe global mindset and experience to fulfill these requirements."


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


"Vietnam's employers need to be aware thatstart-ups are quickly becoming a popular employer option due to theirattractive culture and engaging environment.  To be an employer of choice, companies inVietnam need to offer industry-standard salaries and benefits. Apart frommonetary benefits, companies need to show professionals the long-term careerprogression opportunities available," Tamaraadvises.


E-paper