Survey: Vietnamese firms expect hiring activities to recover in H1

Firms in diverse areas nationwide expect that recruitment activities will grow strongly in the first half of 2022 as the economy is gradually recovering, according to the newly-published ManpowerGroup Vietnam Employment Outlook Survey in the first and second quarters of 2022.
Survey: Vietnamese firms expect hiring activities to recover in H1 ảnh 1Illustrative image (Photo: VNA)

Hanoi (VNA) – Firms indiverse areas nationwide expect that recruitment activities will grow stronglyin the first half of 2022 as the economy is gradually recovering, according tothe newly-published ManpowerGroup VietnamEmployment Outlook Survey in the first and second quarters of 2022.

Accordingly, upto 93 percent of the surveyed companies said50 percent or more of their usual activities have recovered, while only 7 percentsaid that their business operations remain affected or even suspended.

Throughout four pandemic waves, domesticenterprises 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’seconomic recovery is likely to accelerate in 2022 with GDP growth expected to pick up to 5.5 percent from 2.6 percent in 2021.

The positive economic outlook givesemployers more confidence to recruit in the first half of 2022 as compared tolast year.

In total, 95 percent of respondents plan toincrease or at least maintain the current headcounts as compared to 80 percent inthe second half of last year. Only 5 percent announced their plan to trimhiring activities.

Nguyen Thu Trang, Country Sales Manager atManpowerGroup Vietnam said demand for senior and full-time positions is high, most notably in trade,information and communications technology (ICT), real estate and manufacturing.

Noticeably, as corporate social andenvironmental responsibility are becoming increasingly important, the jobmarket is seeing a boost in demand for positions in renewable energy,she said.

In tandem with business growth, employmentactivities are on the way to recovering to pre-COVID-19 levels. Almost twothirds (59 percent) of employers said their hiring activities have fully recovered,followed by about 32 percent expecting their recruitment plans to increasewithin the next 3-6 months.

The strongest recruitmentintentions were reported in wholesale, retail, ICT, manufacturing, real estate,healthcare and high technology, among others.

In an attempt to keep employees safe whilemaintaining effective business operations, employers are turning to a hybridwork model as a rising trend in the new normal.

In the next 3-6 months, morethan half (51 percent) of respondents plan to apply a hybrid work model fortheir staff./. 

VNA

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