Vietnam is a great place to work-seekers who wish to build their careers in Asia. This is not a surprise since Vietnam is a magnet for multinational companies with bases. It results in a thriving economy and many jobs both for expatriates as well as locals.
Gaku Echizenya who is the CEO for Navigos Group, explained that “In Revolution 4.0, foreign employees are required to establish a diversified working environment and interfering company culture.” Additionally, he said that more than half of expats are affected by cultural stress in Vietnam.
Vietnam Recruitment Agencies
In the process of Vietnam is striving to be a global player, large international firms are increasing their operations in the country. Employers are seeking qualified executives to bridge the gap between local customs and international best practices.
An established recruitment agency can aid in finding the perfect potential candidate to your firm. The services offered include search for candidates, interview and assessment, and also placement.
Adecco Vietnam, ManpowerGroup, and Robert Walters are major players on the Vietnamese industry of recruitment. They provide recruitment solutions to applicants from a wide range of sectors, such as finance, banking, accounting, technology HR, hotel manufacturing, supply chain and. Others recruiters such as Monroe Consulting Vietnam offer tailored solutions that meet specific requirements and goals of the business. Their sourcing strategies identify, assess and place talent that delivers significant value to organizations.
The challenges of hiring expatriates
Vietnam is a dynamic Southeast Asian country with a robust economy and a talented workforce. Employing expatriates from Vietnam involves navigating the local laws on tax and labor which are different from those in the nation where they are employed. In addition, you must establish an effective payroll system that conforms to Vietnamese legislation and allows contractors to receive their wages quickly and safely.
The Vietnamese government is working to simplify the work permit process and provide exceptions. Still, employers must justify the need for foreign workers by demonstrating that they’ve made all efforts to attract local talent, but could not locate qualified Vietnamese applicants for the job. Also, they must demonstrate that the job requires specialized capabilities that are not readily available locally. A partner who is able in charge of these issues can create the difference between positive Vietnam recruitment and a failure.
Global Talent Pool Access for Vietnam
Vietnam thanks to its growing technology ecosystem and low wages relative to neighboring countries is becoming a popular spot for companies from abroad looking to expand operations in the Southeast Asian region. To effectively tap into this market of potential employees, firms have to adopt best practices that ensure a strong branding of their company and provide competitive salaries and benefits.
Also, setting up the flexibility of your workplace that encourages personal growth as well as employees’ satisfaction is essential to hiring and keeping top talent. It can be accomplished through leveraging various recruiting tools like online job portals, professional networking websites, and career fairs. Also, conducting benchmarking exercises helps to determine the competencies and credentials they are looking for within the local labor market. This will allow businesses to focus their recruiting efforts in the right direction.
Legal compliance with respect to recruitment of expatriates
Expat employees offer unique insights as well as perspectives and aid in the growth of international companies. It’s essential to be aware of employment law implications when hiring foreign employees. This includes hiring and cultural adaptation, compliance with local labor laws, and repatriation.
A well-thought out process for getting permission to work for expats is crucial to avoid delay and ensure that projects begin on time. Working with a PEO can assist companies in the procedure and make sure that they are in compliance with local labor laws. HUMAN RESOURCE COMPLIANCE can assist the families and expats adjust to the new environment. It can increase brand recognition and improve employee engagement.
Cultural Bridge Services to Expatriates living in Vietnam
Vietnam has plenty to offer that includes an abundance of natural resources as well as a younger population, as well as steady development of the economy as well as business-friendly law. The country, however, isn’t without challenges to doing business in Vietnam and the overcoming of cultural distinctions is just one.
Vietnamese are awed by the long-lasting passion for France as well as the French culture, and this can be seen in their cuisine, architecture, and language. Many Vietnamese with family members or relatives located in France.
Therefore, cultural bridge services assist Vietnamese managers and staff working abroad better understand their Western colleagues’ behaviors, beliefs, values, and ways of communicating. They will no longer see their Western colleagues through the Vietnamese lenses and be capable of building strong professional connections. They will be able to improve overall performance and satisfaction in the workplace.