Robert Walters, a professional recruitment consulting firm, recently released the Salary Survey 2020 in Southeast Asia and China.

The digital transformation is growing strongly in Vietnam as companies begin to leverage technology and data to drive business.

Illustration photo. Robert Walters recently released the Salary Survey 2020 in Southeast Asia and China.

Changes in consumer behaviour continued to promote the use of smartphones. E-commerce as well as B2C (business-to-consumer) businesses have continually adjusted online and mobile strategies to remain competitive.

This boosted the demand for talented developers, it said in the report.

Apart from technology and the digital field, manufacturing also witnessed strong growth.

This was partly due to global events such as the trade war between China and the US, as well as other countries' belief in the country.

This drove the demand for professionals across the value chain, from planning to production, exports, sales and marketing.

As the Vietnamese economy continues to grow, the demand for business and investment analysts also increased last year, along with experts who help businesses make better and more proactive decisions.

Demographics showed that the country would continue to face a shortage of middle management this year, but there were signs that this was gradually diminishing as younger generations gained necessary experience to assume managerial positions, said the report.

The interest in recruiting professionals with the ability of multinational and bilingual communication skills also increased sharply, as Vietnam became a global member.

In order to recruit and retain top talents, managers would need to be more involved in the human resource strategy and look for more unique retention methods.

The company suggested some methods including financial incentives such as bonuses or shares, or non-financial benefits such as business opportunities in other branches.

In general, candidates expected to get a salary increase of 15-25 percent per year.

In the field of technology, this might be up to 50 percent. Seventy-two percent of professionals expected a bonus of more than 15 percent over their annual salary.

A good working culture and environment were the top motivation for job satisfaction, the report revealed.

Twenty-five percent said that career development was the main motive for them to change jobs.

Japan, Taiwan dominate Vietnamese labor imports in 2019

As many as 134,482 of the 147,387 Vietnamese workers who went abroad in 2019 were hired in Japan and Taiwan, official statistics show.

Bac Giang: Average Tet bonus to laborers up 32.2 percent

(BGO) – According to the statistic of the Department of Labour – Invalids and Social Affairs (DoLISA), 129 out of 134 enterprises in Bac Giang province who submitted report of salary and bonus to  DoLISA planned to give a bonus on the 2020 Lunar New Year.

Vietnam JMC Co.,Ltd to spend over 4 billion VND as laborers’ Tet bonus

(BGO) – To welcome the upcoming 2020 Lunar New Year (the Year of the Mouse), the leader board of Vietnam JCM Company Limited in Hong Thai commune, Viet Yen district (Bac Giang province) decided to spend over 4 billion VND (over 172,500 USD) to give Tet bonus to the laborers.

Workers, public servants and labors cared for Tet

(BGO) – The Labor Federation in the northern province of Bac Giang has implemented the Plan to organize the activities to care for the trade unionists, workers, public servants and labors on the 2020 Lunar New Year (Year of the Mouse).  

Close and synchronous control over labor export

(BGO) – Bac Giang has been recently a top leading locality among the Northern mountainous provinces in the number of labors exported. However, there arise many issues relating to the governmental control over the labor export.  

Source: VNA