Data Scientist and Big Data Engineer most demanded positions in Vietnam in 5 years
In 2020, Vietnam’s economy will largely be driven by digital transformation and disruptive technologies, and the recruitment market will face lack of digital talents.
![](http://media.hanoitimes.vn/2021/05/14/logo_hntimes.png)
With a shortage of high-quality human resources, information technology, especially Big Data, Artificial Intelligence (AI), and fintech, is forecasted to be among the top 10 industries with the highest recruitment needs in Vietnam in 2020, according to the 2020 Vietnam Salary Guide report conducted by Adecco Vietnam.
Illustrative photo |
The tech sector also continued its rapid growth as businesses across industries continued accelerating their digital transformation and adopting new technologies, especially within the Business Intelligence (BI) and AI space.
Those positions require specific skills and technology, together with the growth of digitization of information resources all over the world. Data Scientist and Big Data Engineer are expected to be at the top of the list of most in-demand positions in the next five years with their rapidly growing rate. Besides, the demand for software developers will also remain high and stable, due to the continuous development of outsourcing service.
“Hence, understanding new recruitment trends is the key to stay ahead of the employer’s competition,” Andree Mangels, general director of Adecco Vietnam & Malaysia, said. “Retention will be a major challenge that companies continue to face, particularly for junior to mid-level professionals – who are Millennials.”
The average turnover rate in Vietnam in 2019 is 24% and reason to leave the current jobs included: Lack of professional development (51.3%); have better job offers (32.4%); have poor relationship with line managers (10.8%); and others (5.5%).
The seventh edition of the report, focusing on Vietnam’s two major cities Hanoi and Ho Chi Minh City, provides a detailed picture of current market offerings based on job responsibilities and working experiences among different sectors.
The recruitment landscape in Vietnam in 2019 remained strong as the country receives international investments and looks forward to reaching new heights. Benefited from a young labor workforce, rapid economic growth and political stability, Vietnam is an attractive and competitive investment destination.
This has contributed to an increase in FDI inflows into the country, especially as more companies relocate their factories to Vietnam amidst the US-China trade tensions. New factory set-up required a lot more production and quality management professionals to ramp up their production capacity.
Hanoi’s recruitment demand in FMCG |
The report also provides 2019-2020 salary statistics for human resources, law, banking and finance, information technology, sales and marketing (in FMCG, health and industrial), financial services and professional services in Vietnam.
Vietnam’s market in 2019-2020 has a demand of recruitment in the textile and garment, electronics and wood manufacturing industries. For instance, the factory manager position can receive a monthly salary of VND350 million (US$15,073) for those with more than 10 years of experience. The position of HR Manager for factories also increased significantly along with production personnel with a salary of up to VND140 million (US$6,029) per month.
The report recommended what companies can do to attract talents: transparent career roadmap & development plan; attractive salary & benefits package; flexible working hours; open culture & work environment; and support from management team.
Other News
- Vietnamese consumers spend US$32 million daily on online shopping
- Vietnam targets US$7,500 GDP per capita by 2030
- Gov’t mulls creation of oil and gas trading exchange
- Hanoi promotes women's role in safe agri-food trade
- Vietnam’s stock market set for strong year-end growth
- Hanoi ramps up food safety inspections, identifying and rectifying violations
- Vietnam under pressure to achieve high growth in 2024-2025
- Early warnings help Vietnam mitigate trade probe impacts
- Hanoi's key industries in high recruitment demand
- Continued political trust building between Vietnam and Cambodia
Related News
Trending
-
State Funeral held for Communist Party Chief Nguyen Phu Trong
-
Vietnam news in brief - July 26
-
Legal tools required to tackle air pollution issues in Hanoi
-
How fake news hooks us?
-
South Korean writer spends 10 years on book about CPV General Secretary
-
Rustic charm of Hanoi's street vendors: Timeless beauty
-
iHaNoi sees 52,000 registered accounts, 20,000 daily visits
-
Youth-Led Environmental Initiative in Hanoi
-
Unique lotus flower art on display in Hanoi