Some sectors halt hiring senior staff due to factory closures in the South

Seventy percent of recruitment demand for middle and senior personnel in electronics, mechanics, and wooden furniture sectors has dropped year-on-year, as a result of  the temporary closure of factories in the south according to a report by VN Express today.

Senior staff at Electronics factory (File photo)

Recruitment company Navigos forecasts that if the pandemic is brought under control, the electronics industry could recover, but at a slow pace since production orders in the fourth quarter have been shifted to other countries.

However, in the north there are many big electronics companies investing in or expanding in Vietnam, especially in the localities of Bac Ninh, Hai Phong and Bac Giang.

Demand for Chinese Speakers

The market is also seeing a large recruitment demand for candidates that can speak Chinese due to the shift of businesses from China to Vietnam.

Energy companies have also lowered their recruitment demand and salaries, which in turn make it hard to attract the best candidates.

Recruiting foreign candidates also faces many difficulties, so businesses tend to consider recruiting candidates currently in Vietnam or moving its staff from other countries here.

Many fast-moving consumer goods and retail companies have no recruitment plan for the last quarter due to low-level production activities as they focus on Covid prevention.

Jobseekers are considering the sector attractive due to fears of job insecurity should another outbreak occur, creating a market shortage.

As retail companies are expected to gradually reopen, the recruitment demand is forecast to increase slightly in early next year.

In contrast, financial-banking companies racing towards digital transformation has led to an increase in high-quality personnel recruitment demand.

They are looking for new people in the areas of IT and digital transformation.