VietNamNet Bridge - An IT engineer with three years of experience can receive monthly pay of VND8-10 million, according to Lam Nguyen Hai Long, director of the Quang Trung Software Park (QTSC) in HCM City. The HCM City Party Committee’s Secretary Dinh La Thang wss surprised when hearing the answer to his question about the average pay of an IT engineer at the high-tech park. Thang commented that the pay was not enough for them to live and stay creative. It is just a little bit higher than the monthly income of garment workers who have extra working hours. If they live in rented houses, the pay will not be able to cover basic needs. When Long said he received VND24 million a month in wage, Thang said the salary for the director of a large software park in the country and the region must not be low. “Your salary must be 10 times higher to motivate you to continue working,” Thang said. In fact, reports about pay for IT engineers in Vietnam show different figures. An … [Read more...] about Wages for Vietnamese IT engineers: high or low?
High paying low skill jobs
VietNamNet Bridge - The majority of employers are not hiring candidates with low working skills even if they have advanced degrees. A report of the Institute of Labor Science and Social Affairs (ILSSA) shows that one million people remained unemployed in the first quarter of 2015, including 178,000 people with bachelor’s and master’s degrees. Tran Anh Tuan, a renowned labor expert, noted that more and more workers with higher education were unemployed. They focused on studying to obtain more knowledge, but do not pay appropriate attention to upgrading working skills. The director of a Hanoi-based trading company noted that candidates with high education often have low skills. "In general, the candidates with master’s degree will not be shortlisted at our recruitment campaigns. We are a trading company, and we don’t need workers with ‘overly high’ education. We more highly appreciate the candidates with skills and experience," he said. "Except … [Read more...] about Master’s degree grads lack skills, can’t find jobs
Low wages will continue to be a major advantage for employers, even though the door has been opened for foreigner labour. "Labour costs in Vietnam will remain significantly cheaper than those of other regional countries for the foreseeable future," said Doan Mau Diep, head of the Institute for Labour and Social Science, at the Ministry of Labour, Invalids and Social Affairs (Molisa). Diep predicted that more foreigners would come to work in Vietnam after the government's removal of the 3 per cent cap on the ratio of foreigners to the total number of employees in an enterprise. "However, I think most foreigners will work in senior management posts or in other high positions," he stressed. Many foreign employees have been heading to the education, banking and finance, stock, hi-tech, law, real estate and construction sectors. According to Molisa's initial calculations, about 40,000 expatriates were working in Vietnam. The number of foreigners with work permits in Ho Chi Minh … [Read more...] about Firms to ride high on low wages
Students attend a job fair in Ho Chi Minh City. Photo: Dao Ngoc Thach "How can I have experience just after graduating from university? No firm wants to recruit an employee with little experience like me," Nguyen Thuy Hang, 22, said while looking for accounting jobs on a jobs site. The Hanoi National Economic University graduate has sent out CVs to dozens of local and foreign-owned companies, but only three of them have called her for interviews. Unfortunately, she said, she was less experienced than other applicants and did not make much of an impression. "Employers require applicants to have mid-level professional work experience and English language and IT skills, though it’s only a low-level job." After four years of toil at the university and working part-time for a year as a tutor and a sales assistant at a stationery shop, she has yet to get a full-time job. Hang is among over 400,000 university graduates entering the Vietnamese job market each year. Many of them … [Read more...] about Young, educated, unemployed: Vietnamese graduates struggle to find jobs
Vietnam labor exports have made progress this year but are yet to find a firm foothold in high-paying markets which require skills Vietnamese workers simply don't have. A Korean language class for laborers in Gia Lai Province prepares them to work in South Korea, which this year will accept 12,000 workers from Vietnam. … [Read more...] about High-salaried markets a tough nut for Vietnamese to crack