{"id":10640,"date":"2025-08-18T11:40:20","date_gmt":"2025-08-18T04:40:20","guid":{"rendered":"https:\/\/fsb.edu.vn\/?p=10640"},"modified":"2025-09-05T16:51:55","modified_gmt":"2025-09-05T09:51:55","slug":"foreign-firms-go-on-hiring-spree","status":"publish","type":"post","link":"https:\/\/fsb.edu.vn\/en\/foreign-firms-go-on-hiring-spree.html","title":{"rendered":"Foreign firms go on hiring spree"},"content":{"rendered":"\n

Foreign enterprises across industries are expanding their payrolls, maintaining strong hiring initiatives to support long-term objectives.<\/strong><\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

Electric motorbike manufacturing in a factory of Honda Vietnam in Vinh Phuc Province, March 2025. Photo by Nguyen Linh<\/em><\/p>\n\n\n\n

German business consultancy SAP last week announced plans to invest EUR150 million (US$175 million) over the next five years in its SAP Labs Vietnam research and development center in HCMC.<\/p>\n\n\n\n

Since September last year it has hired over 200 people, and hopes to add another 350 this year.<\/p>\n\n\n\n

The technology sector saw a 30% year-on-year jump in hiring demand in the second quarter, according to recruitment and outsourcing company Adecco.<\/p>\n\n\n\n

The increase was partly driven by the expansion of technology centers established by foreign corporations in Vietnam.<\/p>\n\n\n\n

Across various sectors beyond tech too foreign enterprises continue to seek new talent.<\/p>\n\n\n\n

In August Honda\u2019s factory in the northern province of Phu Tho hired hundreds of workers to support the launch of electric two-wheeler sales.<\/p>\n\n\n\n

Foxconn in the northern province of Bac Ninh sought to hire engineers in a range of specializations, production team leaders and warehouse staff.<\/p>\n\n\n\n

The hiring momentum among foreign investors extends to both established players and new investors, who are flooding into the country.<\/p>\n\n\n\n

The American Chamber of Commerce in Vietnam (AmCham) reported stable hiring trends in the first half of 2025, with 45% of its member companies expanding their workforces and 16% keeping them steady.<\/p>\n\n\n\n

This shows many enterprises are focused on long-term growth, it noted.<\/p>\n\n\n\n

Adecco also reported a 59% year-on-year increase in demand in manufacturing and engineering, largely propelled by foreign direct investment, which jumped by 27% in the first seven months.<\/p>\n\n\n\n

Investors spent $13.6 billion, the highest level for the January-July period since 2021.<\/p>\n\n\n\n

In northern Vietnam, new factories have spurred demand for experienced Vietnamese managers to oversee construction and operations.<\/p>\n\n\n\n

Established facilities are looking for candidates to fill key technical roles such as product engineers and quality managers, who account for nearly 70% of hiring demand, according to Adecco.<\/p>\n\n\n\n

The renewable energy sector is also witnessing a wave of hiring at projects under the adjusted national power plan.<\/p>\n\n\n\n

Recruitment for solar, wind, and liquefied gas projects in Ninh Thuan Province (now known as Khanh Hoa) and Thanh Hoa Province surged by 62%.<\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

“While most large-scale projects are awaiting approval, demand for technical personnel has already begun, especially in design, engineering and project development,”<\/em> Adecco\u2019s report said.<\/p>\n\n\n\n

The steady hiring by foreign enterprises is helping brighten the labor market outlook.<\/p>\n\n\n\n

A second quarter report by recruitment platform Vieclam24h said 26.4% of all enterprises trimmed their workforce in the past 12 months.<\/p>\n\n\n\n

“Vietnam\u2019s labor market is caught between layoffs and cautious hiring. Enterprises prioritize workforce stability, focusing on roles that deliver tangible value.”<\/em><\/p>\n\n\n\n

It said 56.2% plan to enlarge their workforce in the third quarter, albeit selectively.<\/p>\n\n\n\n

Current demand is concentrated around sales, production\/technical engineers and skilled manual laborers.<\/p>\n\n\n\n

Chuong Nguyen, director of Adecco Vietnam\u2019s recruitment rervices, expects a stable trajectory in the third quarter on the back of a global economic recovery and stabilizing trade relations and domestic investments in infrastructure development.<\/p>\n\n\n\n

“Enterprises will continue with selective hiring strategies.”<\/em><\/p>\n\n\n\n

He added that key roles with skills aligned to future trends would be prioritized to optimize operations and enhance adaptability.<\/p>\n\n\n\n

Source: e.vnexpress<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Foreign enterprises across industries are expanding their payrolls, maintaining strong hiring initiatives to support long-term objectives. Electric motorbike manufacturing in a factory of Honda Vietnam in Vinh Phuc Province, March 2025. Photo by Nguyen Linh German business consultancy SAP last week announced plans to invest EUR150 million (US$175 million) over the next five years in …<\/p>\n","protected":false},"author":2,"featured_media":10641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[25],"tags":[],"class_list":["post-10640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-vietnam-economic-news"],"yoast_head":"\nForeign firms go on hiring spree - FPT Education<\/title>\n<meta name=\"description\" content=\"Foreign enterprises across industries are expanding their payrolls, maintaining strong hiring initiatives to support long-term objectives.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fsb.edu.vn\/foreign-firms-go-on-hiring-spree.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign firms go on hiring spree - 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