Vietnamplus

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

If the COVID-19 situation worsens, 75 percent of companies will seek to cut human resource costs, a recent survey by HR consulting firm Talentnet Corporation has found.

The Vietnam HR Awards 2018 were presented at a ceremony in Ho Chi Minh City on November 27.

Salary increases this year at both multinationals and major local companies have in general been higher than inflation rates, a survey has found.

The current technology era is creating both opportunities and challenges for businesses in the process of enhancing and managing resources, delegates told a seminar in Ho Chi Minh City last week.