return icon

Despite Covid-19, VN banks continue to recruit new staff

Commercial banks are seeking more workers even though the economy has been hit hard by the pandemic. Recruitment notices say banks need both officers and medium- and high-ranking managers.

Contrary to the prediction that commercial banks would have to cut personnel in Covid-19, a report from the Monetary Forecasting and Statistics Department under the State Bank of Vietnam (SBV) shows they are recruiting more workers.



More than 62.5 percent of credit institutions said they would increase the numbers of workers this year, while only 8.7 percent said they plan to cut personnel. Many banks announced recruitment campaigns in April, under which they planned to employ from tens to hundreds of workers for different positions.

BIDV, one of the big four, announced the first recruitment campaign of the year on April 18. It is seeking 753 officers for eight positions, including customer management, risk management, general planning, credit management, tellers, accountants, human resources and information technology officers. The officers to be recruited will work at 160 branches of the bank.

Commercial banks are seeking more workers even though the economy has been hit hard by the pandemic. Recruitment notices say banks need both officers and medium- and high-ranking managers.

Private banks are also hurrying to recruit workers, especially new graduates. Techcombank, Sacombank, HDBank, ACB and Nam A Bank are seeking candidates for the positions of customer relationship officers, tellers and consultancy officers for their transactions points throughout the country. Experience is not required for the candidates for the positions.

One of the recruitment methods applied by the banks is seeking candidates among last-year university students. VPBank and MBBank are running programs on recruiting interns for the posts of individual and corporate customer relation officers. The programs allow students to practice during the study period and find jobs soon after the graduation.

Banks are also seeking senior experts for medium- and high-ranking positions. In Hanoi, MSB, PVcomBank, HDBank, VietA Bank, MBBank, SCB, Nam A Bank and OCB are recruiting workers for the post of customer relation director and senior executives for many different divisions.

MSB, for example, is recruiting 83 workers for the posts of senior planner, core app operation director, senior planners and finance experts, high ranking officers in charge of VIP clients, and some seniors for credit, IT, communication divisions.

VietABank needs workers for 24 positions in Hanoi, including treasury manager, senior service quality management specialist, call center senior officer, and valuation experts.

The common characteristic of the recent recruitment campaigns is that they are designed in a way to ensure safety in the epidemic. At BIDV, for example, instead of written test (professional knowledge, IQ and foreign languages), and interview, this year’s recruitment campaign will comprise two rounds – shortlisting and interview.

ACB and NCB said they will carry out online interviews instead of face-to-face interviews.

Le Ha 


State-owned banks told to sacrifice profits to support businesses

State-owned banks told to sacrifice profits to support businesses

Deputy Governor of the State Bank Dao Minh Tu said at a conference between the Prime Minister and ministries’ leaders that state-owned banks will have to sacrifice 30-40 percent of profit to help businesses cope with Covid-19.

Banks looked gloomy amidst COVID-19

Banks looked gloomy amidst COVID-19

Financial reports released by some banks in the first quarter have reflected the adverse impacts of the COVID-19 pandemic on their business activities, with declining profits and rocketing bad debts.


Vietnam sends condolences over passing of former Chinese leader Jiang Zemin

Vietnamese leaders on December 2 cabled messages of condolences to Chinese leaders over the death of former General Secretary of the Communist Party of China (CPC) Central Committee and former President of China Jiang Zemin.

Ministry proposes canceling funding plans over disbursement delays

Disbursements of public funds sourced from foreign loans in the year through November had moved at a snail’s pace, reaching only slightly more than 25% of the full-year plan.

Hanoi to pilot bike rental service in six urban districts

Hanoi has approved a year-long pilot bike rental service programme in Hoan Kiem, Tay Ho, Dong Da, Ba Dinh, Hai Ba Trung, and Thanh Xuan districts.

Weightlifters hope for Olympic qualification from world championship

It was scheduled to be held in Chongqing, China, but this changed in March due to COVID-19 measures in China. The new location was announced in April.

Striker Nguyen Van Quyet named best player of 2022 V.League 1

Striker Nguyen Van Quyet received a statue for the most valuable player of the 2022 V.League 1 season at a V.League Awards ceremony organised on December 1 in Hanoi.

Meteor shower to light up Vietnamese skies on December 13

Local sky gazers will have a rare opportunity to witness the peak of the Geminids meteor shower, with the astronomical event set to occur between midnight on December 13 and the morning of December 14.

Da Nang wins Best Vietnam Smart City Award for third time

The central city of Da Nang has been granted the Best Vietnam Smart City Award 2022, the third time so far.

Newly-established, re-operating enterprises up over 33% in 11 months

Vietnam saw nearly 194,700 newly established and re-operating enterprises in the first 11 months of 2022, up 33.2% over the same period in 2021, a 1.3 times higher than the average rate in January – November period from 2017 - 2021.

Politburo members discuss review of resolution on HCM City development

Party General Secretary Nguyen Phu Trong on December 2 chaired a Politburo meeting on a project to review the 10-year implementation of a resolution on the orientations and tasks for the development of HCMC until 2020 and 2030, with a vision to 2050.

Exporters face tax unless they cut greenhouse gas emissions

Exports to the EU market will become more expensive unless enterprises implement greenhouse gas emission cuts. This will affect the competitiveness of many Vietnamese export companies.

Some of the best fishing lakes in and around Hanoi

Here are some of the most popular fishing lakes near Hanoi. On weekends, the number of people flocking to commercial centres, pedestrian streets or entertainment areas in the inner city of Hanoi has increased.

Vietnam demands Taiwan cancel live-fire exercises on Ba Binh Island

Vietnam resolutely opposes and demands Taiwan (China) to cancel its live-fire exercises in the waters around Ba Binh island that belongs to Vietnam's Truong Sa (Spratly), Vietnamese Foreign Ministry spokeswoman Le Thi Thu Hang stated on December 2.

Make-in-Vietnam cameras have high security, satisfy standards

Make in Vietnam camera manufacturers are enhancing security capability and satisfying requirements on information security set by the Ministry of Information and Communications (MIC) for devices such as cameras and Internet of Things (IoT).

Government plans to rearrange state-owned enterprises till 2025

Deputy Prime Minister Le Minh Khai has signed a decision approving a plan of rearrangement of state-owned enterprises for the period of 2022-2025 in the form of one-member limited company, equitization, re-arrangement and divestment.

Transport Ministry urges new ship channel for large vessels in Mekong Delta

The Ministry of Transport has urged Tra Vinh Province to implement compensation payment for site clearance and resettlement support to build a new ship channel for large vessels in the Hau River.