The majority of companies in Vietnam said 50% or more of their usual activities have recovered, while 7% said that their business operations remain affected or even suspended, reports Vietnam Daily News, citing research from ManpowerGroup. Throughout four pandemic waves, domestic enterprises have learned to adapt and respond more flexibly to both effectively contain disease and develop their business and production. Most recently, the World Bank said in its Economic Update for Vietnam that the country’s economic recovery is likely to accelerate in 2022 with GDP growth expected to pick up to 5.5% from 2.6% in 2021. The positive economic outlook gives employers more confidence to recruit in the first half of 2022 as compared to last year.

In total, 95% of employers plan to increase or at least maintain the current headcounts as compared to 80% in the second half of last year while 5% announced their plan to trim hiring activities. In tandem with business growth, employment activities are on the way to recovering to pre-Covid-19 levels. Almost two thirds (59%) of employers said their hiring activities have fully recovered, followed by about 32% expecting their recruitment plans to increase within the next 3-6 months.