Abundance of job opportunities in IT sector

The information technology (IT) sector recorded the highest growth in job vacancies in the third quarter of 2014, accounting for 15 percent of total jobs, according to a report by Navigos Search, the leading provider of executive recruitment services in Vietnam.
The information technology (IT) sector recorded the highest growth injob vacancies in the third quarter of 2014, accounting for 15 percent oftotal jobs, according to a report by Navigos Search, the leadingprovider of executive recruitment services in Vietnam.

The ITsector ranks second out the top five sectors with the highest demand fornew employees. In the previous quarter, it ranked fourth with 9percent.

Navigos Search Managing Director Nguyen Thi Van Anh saidthe sector was booming due to an increase in incomes, the modernisationof businesses and improved government policies.

Outsourcing ofIT services from other countries to Vietnam is also an important factorin the sector’s expansion, she stated.

Thereport shows that Vietnam is becoming a manufacturing hub for electronicdevices due to a rise in salaries for IT employees in China. Producersare therefore moving to Vietnam, where salaries are two thirds lowerthan in China.

Between July and September, themanufacturing sector recorded the highest demand for senior andmiddle-ranking personnel.

The garment andfootwear sector accounted for 10 percent of total job vacancies, rankingthird. During the second quarter, it was in fifth place.

It was followed by retail and the financing, banking and insurance sector, with 9 percent and 7 percent, respectively.

The highest monthly salary paid in July-September was 110 million VND(5,170 USD) paid by a retail company in Ho Chi Minh City for its salesmanager and by a services group in Hanoi for its finance manager.

Based on figures for the first 10 days of October, Navigos Searchpredicts the three sectors with the highest demand for senior andmiddle-ranking employees until the end of this year will be the garmentsector (17 percent), information technology and retail (12 percenteach).-VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.