Global Headhunting & Recruitment Solutions in Vietnam

Why create a global recruitment strategy?

Creating a global recruitment strategy is essential for businesses that operate in multiple countries or regions. Such a strategy can help a business find the best talent from around the world, while also ensuring that they are following applicable laws and regulations. 

 

  • 1. Access to a wider talent pool: A global recruitment strategy allows companies to tap into a wider pool of talent across different geographies, cultures, and skill sets. This can help to fill skills gaps, bring in fresh perspectives, and increase diversity in the workforce.
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  • 2. Cost savings: By standardizing recruitment processes across different countries, companies can save on recruitment costs, reduce duplication of effort, and streamline hiring procedures.
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  • 3. Consistency: A global recruitment strategy ensures that hiring processes and practices are consistent across all locations, which can help to promote fairness, transparency, and compliance with local laws and regulations.
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  • 4. Business expansion: A global recruitment strategy can help companies to expand their operations into new markets by identifying and hiring the right talent in those markets.
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  • 5. Competitive advantage: Having a global recruitment strategy in place can give companies a competitive advantage by enabling them to attract and retain the best talent from around the world

Why hire talents in Vietnam?

There are several reasons why hiring talents in Vietnam can be advantageous for businesses:

 

  1. Large talent pool: Vietnam has a population of over 97 million people, with a significant portion being young and highly educated. This has resulted in a large and growing talent pool of skilled workers in various fields such as IT, engineering, finance, and more.

 

  1. Cost-effective: The cost of labor in Vietnam is relatively low compared to other countries in the region, making it an attractive option for businesses looking to save costs while still accessing skilled talent.

 

  1. Strong work ethic: Vietnamese workers are known for their strong work ethic and dedication to their jobs. They are often willing to work long hours and take on additional responsibilities to ensure the success of their projects and organizations.

 

  1. Language skills: Many Vietnamese workers are fluent in English and other languages, making it easier for businesses to communicate and collaborate with them on international projects.

 

  1. Government incentives: The Vietnamese government has implemented various incentives and policies to attract foreign investment and promote economic growth, including tax breaks, subsidized training programs, and streamlined business registration processes.

How much does it cost to hire talent in Vietnam?

According to data from the 2021 Vietnam Salary Guide published by Adecco, the average monthly salary for a mid-level professional in Vietnam is around 16.7 million VND (approximately 725 USD) per month. However, salaries can range widely depending on the industry and specific job role.

Employee labor laws in Vietnam

Working Hours in Vietnam

The standard working hours in Vietnam are regulated by the Labor Code, which sets the maximum number of working hours per week at 48 hours for most employees. This means that employees should not work more than 8 hours per day or 48 hours per week, unless they are engaged in certain types of work that are subject to different regulations (such as those in the healthcare or transport sectors).

In addition to the maximum working hours per week, the Labor Code also stipulates that employees are entitled to a minimum of one day off per week (usually on Sundays), as well as annual leave, sick leave, and other types of leave depending on their length of service and other factors.

Minimum wage

As of January 1, 2022, the minimum wage in Vietnam is as follows:

 

  • Region I: 4,890,000 VND per month (approximately 212 USD)
  • Region II: 4,420,000 VND per month (approximately 192 USD)
  • Region III: 3,920,000 VND per month (approximately 170 USD)
  • Region IV: 3,430,000 VND per month (approximately 149 USD)

 

Region I includes the major cities of Hanoi and Ho Chi Minh City, while Regions II, III, and IV cover other areas of the country.

General taxation

Taxable income (VND)
Tax Rate
Up to 5 million
5%
Over 5 million to 10 million
10%
Over 10 million to 18 million
15%
Over 18 million to 32 million
20%

Hire the best talent in Vietnam with ​EER Global

EER Global employs a comprehensive and customized approach to help your organization find top talent. They use a meticulous process to identify the most suitable candidate for your specific position, saving you time and resources that would have been spent on hiring the wrong person. 

 

With their extensive network and industry expertise, they excel in identifying exceptional job seekers, allowing you to quickly and efficiently fill your vacancies. Additionally, they can offer valuable insights and advice on the recruitment process, enabling you to make informed decisions that align with your business goals. If you’re looking to recruit in Vietnam, don’t hesitate to contact EER Global’s team of dedicated professionals for more information.

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