The Navigos Group, the leading recruitment company in Vietnam and the owner of online recruitment portal VietnamWorks and executive search firm Navigos Search, released a report on October 10 on recruitment demand for senior and middle-level managers in Vietnam during the third quarter of this year, based on recruitment requests to Navigos Search.

Recruitment demand for senior and middle-level positions by Navigos Search clients are continuously increasing. In the third quarter of this year, the number of such job orders rose 19 per cent year-on-year.

Industries that have the highest recruitment demands for these positions include manufacturing, consumer goods and retail, ICT, banking and finance, and services. Demand for senior and middle-level managers in manufacturing continued to dominate, with 35 per cent of the total, primarily in construction and electrical and electronics.

Consumer goods and retail followed, with the majority of recruitment requests coming from food and beverage and fashion businesses.

ICT was third, mostly in IT services and systems integration. Most positions sought to be filled were managers and engineers experienced in different programming languages.

In banking and finance, the greatest recruitment demand was from banks, insurance companies, and consumer finance companies. In services, recruitment demand was mainly from companies in advertising and marketing.

Renewable energy forecast to grow in near future

Vietnam has great potential for solar power as it’s in the equatorial region. There were not many opportunities for renewable energy projects in the past, however, due to the high cost of solar cells, raising investment costs. Recently, the cost of buying and installing solar panels has fallen significantly, and at the same time the government has mechanisms to encourage investment in solar energy, which has in turn attracted more investors.

Many solar energy projects from foreign investors are being proposed in a large number of localities throughout the country. Thermal power is also forecast to continue to expand to meet electricity demand for production and life. With the potential for remarkable development in the years to come, the labor market in the power sector is expected to thrive after a long period of quiet.

VN Economic Times