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Apr 13, 2017 / 15:42

Vietnam sees surge in labor demand in Q1

Demand for new skilled staff at Vietnamese enterprises increased in the first quarter (Q1) of 2017, according to local job recruitment agencies on Friday.

Recruitment demand for middle- and senior-level staff rose by 73 percent year-on-year in Q1, according to the latest report by Navigos Search, the popular provider of executive search services in Vietnam.
In the period, most of the positions were in such sectors as manufacturing, IT, consumer goods and retails, banking and finance, and business services.
The IT sector alone witnessed a 2.5 times increase in labor demand over the past five years, according to Navigos Search General Director Nguyen Phuong Mai.
Due to limited English proficiency of the local work force, most CEO positions in large IT companies are held by foreign representatives. Besides, English skill now is set as the top priority that overweighs even technical skills during recruitment process.
In 2016, the recruitment demand for middle- and senior-level staff rose by 54 percent compared to the previous year.