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COVID stalls personnel hiring, but demand set to zoom: employment firm

Insurance, banking and securities are among the industries with the highest hiring needs in the third quarter of the year, according to job services provider Navigos Group.
COVID stalls personnel hiring, but demand set to zoom: employment firm ảnh 1Labourers seek job at a job fair in HCM City (Photo: VNA)

HCM City (VNS/VNA) - Insurance, banking and securities are among theindustries with the highest hiring needs in the third quarter of the year,according to job services provider Navigos Group.

In the second quarter many enterprises delayed hiring due to the impact of theCOVID-19 pandemic despite the high demand.

Recruitment, especially of mid- and top-level personnel, is expected to rise inthe third quarter, mainly in technology, data and development of sales teams(branch managers and regional directors).

Sales and IT personnel are in great demand in the insurance, banking andsecurities sectors.

Foreign companies need experienced candidates in new sectors such as big data,design, marketing, and digital transformation.

In the second half electronics, mechanical engineering and furniture companiesin the south will see a drop in recruitment.

Due to the pandemic there has been a decrease in demand for wooden products inEurope and the US, and Vietnam’s exports are expected to slump.

Recruitment in the pharmaceutical and medical devices sectors is also expectedto fall. Multinationals in the latter are delaying expansion due to thepandemic.

Many companies in the two sectors are downsizing or restructuring theirbusiness model and not hiring except in marketing and sales positions.

Enterprises in the fast-moving consumer goods (FMCG) sector have cancelled ordelayed recruitment during the pandemic and are operating at low capacity.

But they are in need of large numbers of employees in sales, marketing andfinance - accounting.

The agricultural sector needs candidates with proficiency in English.

Big companies in the livestock and poultry sector want to hire foreigners assenior managers.

The semi-conductor industry is expected to have huge hiring demand forexperienced and skilled engineers at least for the next five years.

The sector is attracting a lot of attention and investment from foreignenterprises./.
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