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Vietnam – Labour demand at highest level for three years

07 July 2015

Demand for workers rose by 34% in the first half of the year, marking the strongest growth in the last three years, according to a the Online Recruitment Market Report from recruitment firm Vietnam Works, reports vneconomictimes.vn.

Recruitment demand has been growing since 2013, the report noted. Most job categories with traditionally strong recruitment demand have all grown by at least 20%, compared with last year.

The IT - Software sector added 1,200 more jobs compared to 2014, making it one of the highest growing job categories. Meanwhile, architecture and interior design grew by 600 jobs in the first half, compared to 758 jobs last year as a whole.

The strongest demand was in architecture and interior design, which reported a 98% increase in jobs; followed by consulting (95%), retail and wholesale (58%), advertising, promotions, and PR (51%), and product and processing (49%).

Some job categories were extremely competitive. The “hottest” category was accounting, which reported an average 85 applications for every vacancy.

The competition rate among the cities and regions did not vary much, with the leader being Ho Chi Minh City, as expected. In the first half the city saw the second largest number of job openings and the largest number of job applicants, making it the centre of recruitment and job hunting activities in Vietnam.