With a population of over 90 million, the third largest ASEAN country, with an average age of 29 years old, Vietnam offers an exciting future with enormous potential for continued economic growth within the upcoming years. Meeting the recruitment needs of this fast-growing market, however, is a challenge.
After more than 8 years in the WTO, the reality is that Vietnam’s workforce only partially meets the qualification requirements of local and foreign enterprises. At our clients’ companies, most middle managers (Directors or Department Managers) are local Vietnamese. There are a few Vietnamese, however, in foreign-invested enterprises that have risen to the top positions of CEO, CFO, or CIO. The talent pool of qualified Vietnamese C-level executives is small, that is why the foreigners are very welcome in Vietnam to come and share the international experience with the local emplyees willing to learn, get trained and build up the career in a certain area of expertise. With the rising demand of managerial positions Vietnamese workers are required to have high qualifications along with English language as their second. Most of the foreigners on the other hand are more often get required to speak Vietnamese.