Recruitment Essentials in Vietnam: Labor Market Dynamics, Legal Compliance, Employee Retention
Webinar | Thursday, December 14, 2023, | 3:30 PM Vietnam / 4:30 PM China / 9:30 AM CETWatch on demand
Vietnam boasts one of the most vibrant labor markets, not only in Southeast Asia but globally. With a burgeoning young and increasingly educated workforce, the country stands out as an attractive destination for foreign direct investment.
Despite the abundance of labor, it is still important to note that the labor market in Vietnam clearly leans towards the interests of employees. Employers must navigate various factors, including shorter probation periods, unwritten employee benefits, and intense competition for skilled talent. Additionally, companies with traditional structures face unique challenges in meeting the expectations of Generation Z. The increasing influx of foreign experts seeking employment in Vietnam further adds layers of complexity for international firms.
Considering the seasonal peak in hiring after the Vietnamese Lunar New Year, with elevated turnover in February and March, companies can effectively prepare for this season by gaining a comprehensive understanding of Vietnam's recruitment landscape.
- Overview of Vietnam’s Labor Market
- Legal Framework for Employment for Local and Foreign Staff
- Wage Development and Salary Expectations
- Unwritten Characteristics of Vietnamese Work Culture
We especially recommend business owners, CHROs, foreign executives engaged in hiring, HR managers in Vietnamese firms to join as part of their preparation for 2024.
The webinar is free of admission.
This Event occurred on Thursday, December 14, 2023. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more:Watch webinar replay