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Engineering Job Opportunities Dip 45%, Most Affected by Q3 2021 Lockdown: Michael Page Vietnam

HO CHI MINH CITY, VIETNAM – Media OutReach – 16 November
2021 – According to job opportunity data shared
by global recruitment specialists Michael Page Vietnam, the number of jobs in Q3
2021 compared to Q2 suffered a direct impact from the country’s Q3 pandemic
lockdown. New job positions opened were largely on the decrease within Engineering
(down 45%) and Human Resources (down 31%).

Mark
Donnelly, Director of Michael Page Vietnam

Mark Donnelly, General Director of Michael
Page Vietnam
observes, “With all
the government lockdown regulations, many manufacturing sites had to shut down temporarily
in Vietnam. Engineering is a massive part of this sector and because quite a
lot of Vietnam’s GDP is in labour- intensive manufacturing, many companies in this
sector were not able to function for those three-four months.”

While
those manufacturing factories are now coming back into operations with a more
optimistic outlook, comparatively it was Vietnam’s Technology job opportunities
which saw the least impact. “Remote working escalated and that obviously
requires a lot of technology and digital transformation. This is seen across
many of Vietnam’s key sectors such as education, property and FMCG,” Mark
Donnelly
continues.

As confidence
returns to Vietnam post pandemic lockdown, this optimistic hiring activity in
Technology is expected to hold up across sectors. This will be driven by more
companies going through large-scale transformation projects and the incoming
investments into startups. Software developers and data analysts will be in
high demand here as they form key roles in those organisations.

“Within
Vietnam’s technology startup space, there is a lot of competing players
entering the market from around the world and Southeast Asia. They offer a variety
of ecommerce services such as banking, education, e-wallets or delivery. Apart
from the technology skills required to implement these online, Vietnamese
professionals at the management level are also in demand to lead and establish
those businesses locally. A lot of them are aimed at providing accessibility to
the population, so a larger percentage can either gain new connections to such
services or these daily essentials can still be provided to the wider public in
the event of another lockdown,” comments Mark Donnelly.

 

Source:
Information procured from Michael
Page Vietnam’s
proprietary data

#MichaelPage


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