More return to Vietnam after overseas study

More and more graduates who have finished their studies in other countries are choosing to return to Vietnam and work as they see a huge opportunity to promote themselves in their homeland.
More and more graduates who have finished their studies in othercountries are choosing to return to Vietnam and work as they see ahuge opportunity to promote themselves in their homeland.

Leading companies, which are facing a highly competitive market in arapidly developing country, are seeking to attract more highly skilledemployees.

Directors of many local enterprises say theyare trying to narrow the salary gap between domestic and foreignpositions in an effort to attract personnel for top positions.

Tran Phuong Ngoc Thao, Chairwoman of the HCM City Overseas VietnameseStudents' Association, said that in recent years more and more studentswere returning to Vietnam to seek work after studying abroad butthey were concerned about local companies' policies.

"Sometimes I receive phone calls from local company representatives, asking me to introduce people for jobs," said Thao.

The association includes 3,400 young people and acts as a bridge between enterprises and Vietnamese students studying abroad.

Le Tri Thong, deputy general director of Dong A Bank, who had studiedabroad, said local banks were closing the salary gap with foreign banks.

Nguyen Ngoc Hoa, who has studied in many countries andnow works as chairman of Sai Gon Co.op, said that Vietnamese enterpriseswere facing a huge shortage of high-quality human resources.

"We have expanded much recently, but we cannot find talented people for high positions in our company," Hoa said.

Other enterprises are applying flexible policies to attract high quality human resources.

Ngo Chi Duc, a former student in Australia , who returned to Vietnamto work for six years, said he was happy with his decision and didnot feel comfortable working in a foreign country.

TieuYen Trinh, general director of Talentnet Corporation, one of the leadinghuman resource consulting companies in Vietnam, said students whoreturned to Vietnam should initially lower their expectations andrealised that more opportunities would await them in the future.

"Daily expenses in Vietnam are cheaper and Vietnamese staff has moreopportunities to be appointed to higher positions in Vietnam than inforeign countries," Trinh said.

Last weekend, HCMCity 's chapter of Vietnam Youth Federation and HCM City 'sOverseas Vietnamese Students' Association organised a conference formore than 300 Vietnamese students in the UK , Singapore , the US ,Australia and other countries. They discussed jobs with leadingenterprises in Vietnam .

According to figures from theOverseas Vietnamese Students' Association in the US released lastyear, more than 40 per cent of the students choose to return and work inVietnam . The figure has continually risen in recent years./.

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