For the past 10 to 15 years, leading companies like Intel, IBM, Samsung Display, Nokia, and Microsoft have chosen Vietnam for software outsourcing. However, software developers in Vietnam had no idea about the products they were working on, such as their final use and who they were being made for. Therefore, this work did not add much value to the local industry. However, it laid the foundation for Vietnam’s IT industry to grow steadily and emerge as a regional tech hub. Some even dubbed it the Silicon Valley of Asia, with automation, artificial intelligence (AI), deep learning, and machine learning reaching deep into Vietnamese society. IT is now one of the hottest industries in Vietnam. Thanks to new government policies to attract more IT businesses, many start-up companies from America, Europe and Australia, and some from neighbouring countries such as Singapore have set up software development centres in Vietnam. This has led to a significant increase in demand for … [Read more...] about Technology’s working: Overseas Vietnamese talent drawn by Industry 4.0 demands
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Survey: retail and financial firms most eager to hire in Vietnam
A recent salary survey by Talentnet shows that the retail, banking, and insurance sectors are the most likely to increase their headcount to support business expansions in 2019. Talentnet & Mercer announced its survey to 600 companies in Hanoi and Ho Chi Minh City With positive outlooks and ambitious plans ahead, 80 per cent of retail and financial firms in Vietnam are busy recruiting new staff members. According to the Talentnet & Mercer Salary Survey 2018, these industries are ranked among the top potential recruiters this year and the next. “Business conditions in Vietnam are very good in 2018 and 2019, with national GDP forecasted as high as 6.9 per cent. In general, most businesses in Vietnam will expend their business this year and next year,” said Hoa Nguyen, senior director of Human Capital Solutions Service. Salary is expected to increase at both foreign and domestic companies The results by Talentnet & Mercer are in line with another … [Read more...] about Survey: retail and financial firms most eager to hire in Vietnam
General Secretary Do Muoi – a talented, steadfast and creative leader
He joined the Popular Front movement and was admitted to the Indochinese Communist Party in 1939. Two years later, he was jailed at Hoa Lo Prison. In 1945, he successfully escaped from prison and took part in an uprising to grab power in Ha Dong and was later appointed the province’s Party Secretary. During the anti-French resistance war, he held many senior posts in the Red River Delta provinces. Under his leadership, he undermined many of the enemy’s attacks, including the raid at Cat Bi Airport in Hai Phong, destroying dozens of French aircraft, contributing to the nation’s victory. After peace was restored, he was appointed to lead many ministries and the government. As Deputy Prime Minister and Vice Chairman of the Council of Ministers for nearly 20 years (1969-1986), he was assigned with many important tasks, such as countering the US sabotage war, clearing naval mines at Hai Phong Port, heading the committee responsible for supporting the southern battlefield … [Read more...] about General Secretary Do Muoi – a talented, steadfast and creative leader
How to establish a talent attraction and retention strategy
Jorge Martin-Martinez, general director of DKSH Vietnam, explains how to establish a talent attraction and retention strategy in our changing world. Technology is rapidly changing how people work and connect with each other. Artificial Intelligence and Big Data start to exercise stronger influence in many different aspects of our daily lives and businesses. Robots will likely replace humans for many of their repetitive tasks. These are key trends that are having an impact on both the needs of clients and consumers as well how businesses respond to these rapidly evolving needs. Consequently, these changing forces will also impact the future of the workforce. In an ever-specialised world, the complexity of tasks left for humans will likely increase, but in turn, it will also provide huge opportunities for employees to embrace the challenges and show their full capabilities. To address this extra complexity, the skill set for talents will likely require much more diversity and … [Read more...] about How to establish a talent attraction and retention strategy
DKSH Vietnam shares talent attraction and retention strategy
DKSH Vietnam shares talent attraction and retention strategy HCMC – In explaining how to establish a talent attraction and retention strategy in the changing world, Jorge Martin-Martinez, General Director at DKSH Vietnam, said technology is rapidly changing how people work and connect with each other. Jorge Martin-Martinez, General Director at DKSH Vietnam – PHOTO: DKSH Artificial Intelligence and Big Data start to exercise stronger influence in many different aspects of people’s daily lives and businesses, he said, and robots will likely replace humans for many of their repetitive tasks. Consequently, these changing forces will also impact the future of the workforce. In an ever-specialized world, the complexity of tasks left for humans will likely increase, but in turn, it will also provide huge opportunities for employees to embrace the challenges and show their full capabilities, according to Martin-Martinez. To address this extra complexity, the skill … [Read more...] about DKSH Vietnam shares talent attraction and retention strategy