A REPORT ON THE RECRUITMENT DEMANDS FOR SENIOR MANAGERS IN VIETNAM IN QUARTER 3/2016

October 21, 2016

Hanoi, 11 October 2016 — Navigos Search has recently published a report on the recruitment demands for mid-level and senior managers in Vietnam in Q3/2016. The report was made based on the recruitment submissions sent by our clients to us in the Quarter. Some notable recruitment trends have also been recorded in this report.

Manufacturing, Retail, and Finance – Banking sectors are top 3 recruiters
In Quarter 3, Navigos Search witnessed slight growth in our clients’ recruitment demands compared to the earlier quarter. However, the recruitment demands went up by 66% in Quarter 3 against the same period last year. Recruitment demands in the Manufacturing sector ranks the 1st with 38% in the quarter, followed by the Retail and Fast-Moving Consumer Goods (FMCG) at 15%; meanwhile, the Finance – Banking – Insurance sector makes up 12%.
Though the manufacturing sector has the highest recruitment demand, however, focus mainly on industrial construction. In Quarter 3/2015, the Garment and Textile was one of the most recruited sectors; nevertheless, this year the sector saw low recruitment demands. This well reflects the reality confirmed by Vietnam Textile and Apparel Association that the sector is facing various difficulties, which will affect the export goal from now till the end of 2016.

Corporate Affair Director is a very highly hunted position in the Retail and Consumer Goods
External Relations Manager has been being highly hunted in the Retail, FMCG as well as other sectors, including insurance. This position is very important to business policies of all groups, especially foreign ones operating in Vietnam.
In Quarter 3 and 4, enterprises often make their business plans for 2017 and this position is rather “hot”. However, according to the observation of Navigos Search, there are not many candidates eligible for this position, which requires them to have experience working with Government agencies, experience of communications work for multinational groups, good knowledge of laws…

Recruitment trends in Quarter 4/2016 and 2017
Based on Navigos Search’s observation, in the coming time, high recruitment demands will available in several sectors including information technology, FMCG especially in beverage segment, and education/ training. For the information technology sector, some foreign enterprises specialising in technology application wish to open offices in Vietnam. Besides, many enterprises have robust expansion plans; therefore, it is highly possible that the recruitment demands for information technology engineers will increase fast from Quarter 4/2016 to early 2017.

Beverage segment is undergoing some fluctuations because of organisational restructure and M&A deals. Hence, it is forecast that significant recruitment demands will also appear in this segment.
In terms of the education and training sector, English training centers, international schools, and online education centers with new education models such as E-learning, STEM (Science, Technology, Engineering and Maths) tend to develop very fast. As a result, it is estimated that candidates with good experience in this sector will be highly hunted in the time to come.

Retail, FMCG and Education/Training sectors are the top salary payers in Quarter 3
In this quarter, many senior and mid-level managers were paid with a monthly salary from VND100 million to VND195 million. Enterprises in the Retail, FMCG and Education/Training sectors pay the highest salaries. Most of them are foreign enterprises operating in Vietnam.

For more information, please kindly contact:
Ms. Duong Thuy Quynh
APAC PR Manager of Navigos Search (under en world Japan K.K)
Add: 6th floor, V-Building, 125-127 Ba Trieu street, Hanoi
Direct phone: 04 – 6278 5198
Email: quynh.duong@navigossearch.com
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