VIETNAM: Technology and manufacturing companies are scrambling to recruit workers, with another strong surge in demand expected this year.
Analysts are predicting an influx of foreign businesses into the country, while those that are already in Vietnam are also considering expanding their local bases.
Electronics manufacturer, Jabil Vietnam, is hiring 500 workers in Ho Chi Minh City, and offering signing bonuses of up to VND3.3 million (USD145.62) per new recruit.
Drugs company Sanofi, electronics manufacturers Platel Vina, and Intel are also looking for technicians.
Around 30,000 workers were needed at Ho Chi Minh City-based companies before the Tet holiday this month, according to the city’s Department of Labor, Invalids, and Social Affairs.
Up to 75,000 more employees are also needed in the information technology, electric, and electronics sectors.
Recruitment company Navigos’ report shows that many new electronics manufacturing projects from China are planning to recruit local staff in Vietnam. But they are experiencing difficulties in finding suitable candidates with Chinese language abilities and who are also located in the big cities.
Navigos added there was huge competition for workers due to the lack of talents in the IT industry, particularly in artificial intelligence, big data, and blockchain.
Global IT companies are investing in Vietnam, with representative offices or research and development centres in Hanoi, Ho Chi Minh City, and Da Nang City, according to the report.