In Vietnam, Japanese investors eager to find local talent

June 5, 2014

More than 2,000 Japanese businesses investing in Vietnam are looking to hire locals for high positions, a head hunter recently said.

Nguyen Thi Van Anh, director of the Navigos Search which offers executive and management job solutions in Vietnam, said 85 percent of people seeking qualified employees through its website are foreign-invested companies, particularly Japanese firms.
Most Japanese firms highly value the qualified employees that they have managed to recruit in Vietnam” Anh told VnEconomy.

During a conference held earlier this year on Vietnam’s business environment, representatives from the Japan External Trade Organization said Japanese companies will invest in high-technology projects in Vietnam, which will push their demand for qualified employees, particularly senior IT engineers.

Japanese head hunting firms also began investing in Vietnam this past year. A human resources expert said Japanese firms prefer Vietnamese employees as their salary expectations are usually just US$1,500-2,500 a month.

But the expert added that there are barely enough qualified employees in Vietnam to fill all available vacancies.
Japan is Vietnam’s biggest foreign direct investor with funds worth US$35.4 billion. It has been the country’s top donor for two decades, committing more than $21 billion in official direct assistance.

The country’s trade revenues in 2013 reached $25.3 billion as well as a $2 billion trade surplus from Vietnam.