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​COVID-19 impact on businesses and employmentVietnam Employment Outlook Survey in the Second Half of 2021 is aimed at forecasting the hiring intentions by employers under the impact of the global health crisis in Vietnam. The survey was conducted from mid-May to mid-July 2021, amidst the fourth wave of COVID-19 in Vietnam. This pandemic resurgence was recognized as the longest and most serious wave since the beginning, with 62/63 cities and provinces affected. According to the Ministry of Labour, Invalids and Social Affairs (MOLISA), in the second quarter of 2021, there were 12.8 million people aged 15 and over across the country negatively affected by the pandemic, including those who lost their jobs, got furloughed, worked alternate shifts, reduced working hours, reduced income, etc. Small and medium-sized enterprises (SMEs) with 10 - 250 employees accounted for two-thirds in our survey. Our respondents are businesses operating in 17 industries, from Manufacturing & Processing, Wholesale, Retail & Trading, Construction, Information and Communication Technology (ICT), Education & Training to Construction, FMCG, Professional Consulting Services, Transportation, Communications, Hospitality and Real Estate, etc. At the time of the survey, 40% of employers reported that their businesses were impacted by the pandemic at mild to medium level (1% - 49% of activity halted), over 19% were significantly affected (50% - 79% of activity halted) and 4% said that their organizations had been shut down or faced possible closures. In total, the number of businesses affected by the pandemic from mild to severe level accounted for nearly 64%, while those remained unaffected made up for 36% of the surveyed participants. Despite the much heavier impacts of the health crisis as compared with the first half of 2021, these findings have shown the efforts and determination of the entire economy as well as the Government's companionship and direction via various policies in anti-epidemic, business support and promoting economic growth.The fourth wave of the pandemic lasting over the past three months has taken a toll on Vietnam socio-economically at a larger and more serious scale. Therefore, businesses, notably small and medium ones, are to be well prepared for the challenges ahead. Employment forecasted to be positive in the second half of 2021According to the General Statistics Office (GSO), regardless of the difficulties caused by the ongoing pandemic, GDP in the first 6 months of 2021 increased by 5.64%, higher than the growth rate of 1.82% in the same period last year. Noticeably, Manufacturing & Processing sector is the growth engine of the whole economy, contributing 2.9% points to the economic growth rate . Even though an economic picture of brighter tone is to be expected, forecasts show employers’ less confidence to recruit, compared to the first half of 2021. From our findings, more than half of surveyed enterprises (53.3%) anticipated a rise in their employment while over one-fourth (27%) said they had no plan to hire more. In total, more than 80% of the surveyed enterprises plan to increase or at least maintain the current headcounts (as compared with 93% of the equivalent index in the first two quarters). Meanwhile, nearly one fifth (19.7%) of the respondents announced their plan to trim hiring activities.Ms. Nguyen Thu Trang, Country Head of Permanent Recruitment & Executive Search Services, ManpowerGroup Vietnam, shared “We are noticing an increase in permanent recruitment and executive search, especially in IT, Electronics, Energy and High Technology. Given that the labour market is facing skills scarcity, senior IT and business transformation roles are particularly hard to fill. Moreover, under the global impact of the pandemic and technological evolution, the job market is seeing a boost in demand for positions that require digital skills, such as those in the Finance and Banking sector.” Despite the crisis, it is interesting to find that employment activities are likely to recover to pre-COVID-19 levels, though not as remarkably as in the first half of 2021. As per our survey results, 40% of employers expected that their hiring activities would return to pre-pandemic levels in the next three months, and over 24% of enterprises anticipating employment to return to normal in the next six months. In the longer term, however, over one-fourth of the enterprises (26.3%) said it would take a year or longer for their hiring to return back to normal. Strongest recruitment plans in the next three to six months were reported in six industries, namely Manufacturing & Processing, Wholesale, Retail & Trading, Information and Communications Technology (ICT), Education & Training, Construction and Professional Consulting Services. Manufacturing & Processing, the leading driver of national economy accounted for 26.5% of hiring intentions in the coming three months. Wholesale, Retail & Trading and ICT are also likely to grow stronger in the coming months, making up for 16.3% and 15.3% respectively of employers planning to hire in the short term. Ms. Le Thi Kim, Head of Staffing & Outsourcing Services, North, ManpowerGroup Vietnam shared “Since the beginning of the pandemic, the domestic labour market has been witnessing an increase in the relocation of factories from overseas to Vietnam. This also means that more job opportunities are created for the local workforce. Noticeably, ManpowerGroup Vietnam has received numerous orders for staffing and outsourcing services from domestic and foreign enterprises, especially in the manufacturing & processing sector - electronic components, automotive assembling, packaging, warehouse, and others like transportation, logistics, infrastructure construction, etc." Surveyed employers were also asked about their plan to arrange working options in order to keep their employees safe while maintaining effective business operations. The employers revealed that they would implement multiple working options for their staffs in the next 3 – 6 months, depending on the industry characteristics. About one-fourth of enterprises want to retain absolute work-place based working. Meanwhile, over 41% of the enterprises plan to implement hybrid work mode and nearly 22% choose to apply flexible shift patterns (especially in the manufacturing sector). Just nearly 9% of the surveyed companies intend to arrange for their employees to work remotely full-time. Facing the acute talent shortage caused by the global health crisis, the surveyed employers planned to use diverse workforce solutions, among which Staffing & Outsourcing and Permanent recruitment & Executive search were the leading options - chosen by 41.4% and 40.8% companies respectively. A considerable 30% of the employers chose HR consulting services - Outplacement and Leadership Development. Expatriate services (work permit and visa application) and Recruitment Process Outsourcing (RPO) were picked by over 15% and 11% respectively by the respondents as suitable solutions in the current situation. About the surveyVietnam Employment Outlook Survey in the second half of 2021 was jointly conducted online by ManpowerGroup Vietnam Research Team and the National Employment Services Center (under Department of Employment, Ministry of Labour, Invalids and Social Affairs) with 152 employers in 17 industries nationwide from 14th May to 14th July 2021. The respondents were Human Resources Managers, Talent Acquisition Managers, business owners and HR Specialists in diverse industries, namely Manufacturing & Processing, Construction, FMCG, Information & Communications Technology, Professional Consulting Services, Finance and Banking, Food & Beverage, Construction, Real Estate, Wholesale, Retail & Trading, Transportation and Logistics, Aviation, Hospitality, etc. ​

In order to evaluate the working skills at FDI businesses in the manufacturing and processing industry and forecast the skilled workforce demand in the coming three years (2021-2023), ManpowerGroup Vietnam has cooperated with the Institute of Labor and Social Affairs, the Ministry of Labour, Invalids and Social Affairs, to conduct the survey on 200 FDI businesses. The surveyed businesses are from 6 industries, namely motorbike/automobile assembling; electronics; textile; leather and footwear; food and beverage; chemicals/interior decoration. These companies are located in 6 provinces and cities with high foreign investment attraction: Bac Ninh, Hanoi, Hai Duong, Danang, Binh Duong and Ho Chi Minh city.The survey results are aimed at improving the skills gap in the manufacturing and processing industry to contribute to the economic growth demands and attract foreign investments into Vietnam.​Key takeaways:Level of technological application at FDI businesses in the manufacturing and processing industry Top roles hardest to recruit at FDI enterprises due to technological evolution Level of importance of technical and soft skills by FDI Manufacturing employers The demand for skilled workforce at FDI businesses in 2021-2023 period Suggestions to build sustainable skill future for Vietnamese Manufacturing workforce in 2021-2023 period ​​Please fill in the form below to gain full access to our report.​​​​

HIRING INTENTIONS TO RECOVER IN THE SECOND HALF OF 2021​According to ManpowerGroup Vietnam Employment Outlook Survey in the second half of 2021, the hiring activities in diverse industries are on the way to recovery amid the global health crisis. The survey was conducted from mid-May to mid-July 2021, right before the pandemic became more and more complicated in the Southern region. The respondents include human resources managers, talent acquisition managers and HR specialists from 152 enterprises in 17 industries nationwide. ​​As per our findings, nearly 64% of the surveyed companies reported that their businesses were affected by the pandemic from mild to severe level, while over 36% said that their business operations remained unaffected.​​​Though the national economy has shown positive signs of recovery with GDP growth rate at 5.64%, our survey shows employers’ less confidence to recruit in the second half as compared to the first quarters of 2021. However, despite the crisis, employment activities are likely to recover in the short term, with 40% of employers expecting that their hiring activities would return to pre-pandemic levels in the next three months, and over 24% of the enterprises anticipating employment to return to normal in the next six months. Strongest recruitment plans in the next three to six months are reported in six industries. ​Please fill in the form below to gain full access to our report. ​​​

​Under the impact of COVID-19, the world of work has become different than ever, leading to a major change in what workers want and their priorities. How these priorities have shifted? What can HR people do to adapt and develop effective talent aquisition and retention strategy? Let's find out in the sharing by Ms.Trang Nguyen, Country Head of Permanent Recruitment, Executive Search and Consulting Services.More insights on our survey at https://lnkd.in/g6eDs7C

​A dramatic workforce transformation is happening in front of our eyes, as a consequence of the COVID-19 pandemic. In these unpredictable times, one thing is certain – this crisis should be a catalyst for a new future of work, which is more flexible, more diverse and more wellbeing-oriented than we could ever have imagined. To find out how this crisis is accelerating What Workers Want, ManpowerGroup Vietnam launched “What Vietnamese Workers Want in the New Normal” survey in November – December 2020 on 463 employees to share the future for workers and how this next normal might eventually be better for everyone.​Please fill in the form below to gain instant access to our latest report.

​What are the most in-demand positions today? How to stay ahead with the sought-after skill sets for senior management? Let's explore the latest insights from ManpowerGroup Vietnam through sharing by Ms. Nguyen Thu Trang, Country Head of Permanent Recruitment, Executive Search & Consulting Services.More on Vietnam Employment Outlook Survey First Half of 2021 at https://lnkd.in/gXhnny9​

​Vietnam, 18th March 2021 – According to “What Vietnamese Workers Want in the New Normal” survey deployed on November and December 2020 with 463 participants, COVID-19 should be a catalyst for a new future of work, which is flexible, diverse and wellbeing-oriented. The survey highlights workers’ well-being needs, their expectations, future of work insights and how the new normal can be made better for everyone. According to ManpowerGroup’s research on “What Workers Want”, around 93% of workers around the world have experienced some type of workplace closure measure in place. However, because of the Government’s effective actions in containing the virus, Vietnam business outlook has turned positive with only 3.5% of respondents that reported that their work had been severely impacted by the pandemic. Overall, the health impacts of COVID-19 are proved to disproportionately harm the elderly, but it is millennials who are the most vulnerable to the economic impacts of the pandemic. When asked about returning to work, a large number of Vietnamese workers felt positive going back to the workplace (66% of survey participants) while only 19% had negative responses. With the new waves of community transmission in late 2020, a proportion of workforce consider the return to workplace as an increased risk, especially working parents. The survey also shows that over one fifth (more than 21%) of the working parents participating in the survey felt negative and disinterested in returning to work. In these unpredictable times, Vietnamese workers are united in what they want to prioritize for the future – staying healthy, to learn and develop new skill sets, keep their job and bring more balance between work and life. In reference to benefits of being in the workplace, the respondents highly value opportunities for collaboration, productivity and efficiency improvement as well as appreciate the office as a way of separating work from home. However, there is still a proportion of respondents who prefer flexibly (in terms of location and schedule) or to work remotely full time. One of the top priorities of Vietnamese workers at work, almost 78% respondents, placed significance on learning and career coaching. Ms. Nguyen Thanh Huong, Country HR Manager, ManpowerGroup Vietnam shared, “It is predicted that the pandemic will last longer than expected, and with the largest reallocation of skills worldwide. Now is the time for employees to hone in-demand skills and establish career conversations with employers on technical skills development, and learning opportunities for their career development, to stay employable in the new normal.” Amidst current uncertainties, employability matters to workers and 72% of them say that simply keeping their job is the most important priority. In short, work security and well-being have been identified as the most crucial factors that both Vietnamese workers in general and working parents in particular would like to focus in the new normal. ​About ManpowerGroup ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2021 ManpowerGroup was named one of the World's Most Ethical Companies for the twelfth year - all confirming our position as the brand of choice for in-demand talent. ​Nguyen Dinh Hoang Yen – Marketing and PR Manager – email: yen.nguyenhoang@manpower.com.vn - Tel: +84 28 3911 0950 (ext. 125) ​

​According to the latest ManpowerGroup Vietnam’s 2021 Employment Outlook survey, employers in various industries are expecting the hiring intentions to recover and improve in the first half of 2021, despite the ongoing impact of COVID-19 pandemic. The survey was conducted with 442 representatives in HR and Talent Acquisition roles from 16 different industries.At the time of the survey, while 36.4% reported that their businesses were slightly impacted by the pandemic, nearly 50% said they still operated normally under the impact of the crisis. However, given the fact that Vietnam recorded another wave of community transmission in late January 2021, and due to the pandemic complexity across health and socio–economic aspects, businesses, notably small and medium ones, are to be well prepared for challenges ahead. Positive economic growth would likely boost confidence for employers to recruit more in the future. Hiring sentiments strengthened significantly when compared with the second half of 2020. Up to 56% of surveyed employers anticipated an increase in their employment and 37% said they would maintain the number of headcounts. Only 6.6% of respondents announced to trim hiring activities.According to the survey, the employment outlook is very positive with up to 66% of the employers expecting their hiring plans to increase within the next three months, followed by 22% foreseeing that within the next six months. Strongest recruitment plans for the next three to six months were reported in Manufacturing & Processing, Construction, Wholesales, Retail and Trading, Transport and Logistics. Construction sector also kicked back thanks to the economic growth, accounting for 19% of those planning to hire in the first half of 2021, similar to that of Manufacturing & Processing. Please fill in the form below to gain full access to our report.​

​Vietnam, 23/02/2021. According to the latest ManpowerGroup Vietnam’s 2021 Employment Outlook survey, employers in various industries are expecting the hiring intentions to recover and improve in the first half of 2021, despite the ongoing impact of COVID-19 pandemic. The survey was conducted with 442 representatives in HR and Talent Acquisition roles from 16 different industries. At the time of the survey, while 36.4% reported that their businesses were slightly impacted by the pandemic, nearly 50% said they still operated normally under the impact of the crisis. However, given the fact that Vietnam recorded another wave of community transmission in late January 2021, and due to the pandemic complexity across health and socio–economic aspects, businesses, notably small and medium ones, are to be well prepared for challenges ahead. According to the General Statistics Office (GSO)1, Vietnam is among several ASEAN economies to have attained positive growth with GDP of 2.9% in 2020, despite complicated and swift evolution of the COVID-19 pandemic around the world. Manufacturing & Processing is likely to grow stronger in the long term playing a key role in leading the local economy growth by contributing 1.25% to the economy. Positive economic growth would likely boost confidence for employers to recruit more in the future. Hiring sentiments strengthened significantly when compared with the second half of 2020. Up to 56% of surveyed employers anticipated an increase in their employment and 37% said they would maintain the number of headcounts. Only 6.6% of respondents announced to trim hiring activities. Ms. Le Thi Kim, Head of Staffing & Outsourcing, North, ManpowerGroup Vietnam shared “Vietnam has many advantages to attract foreign investment in many areas thanks to the abundant young workforce, ready to meet the diverse needs of employers. Currently, we have received numerous recruitment orders from domestic and foreign enterprises, especially in Manufacturing & Processing such as electronic components assembly, manufacturing and assembling cars, motorcycles, packaging, warehouse & transportation etc." According to the survey, the employment outlook is very positive with up to 66% of the employers expecting their hiring plans to increase within the next three months, followed by 22% foreseeing that within the next six months. Strongest recruitment plans for the next three to six months were reported in Manufacturing & Processing, Construction, Wholesales, Retail and Trading, Transport and Logistics. Construction sector also kicked back thanks to the economic growth, accounting for 19% of those planning to hire in the first half of 2021, similar to that of Manufacturing & Processing. Ms. Nguyen Thu Trang, Country Head of Permanent Recruitment, Executive Search and Consulting Services, ManpowerGroup Vietnam, shared “Thanks to the effective control measurements and the strong anti-epidemic compliance of the Vietnamese people, the local economy is showing signs of positive recovery. In addition, foreign investment continues to flow into Vietnam, creating more business and job opportunities in the country. From our observation, the labor market is seeing a strong increase in demand for positions that require digital-related skills such as Business Analysts, Digital Transformation, Cybersecurity, Fintech, Software Engineer, etc.” In tandem with the positive hiring outlook, when asked what human resources services they plan to use from workforce solutions providers, 31% of the employers choose Permanent Recruitment & Executive Search services, closely followed by 30% opting for Outsourcing services. Payroll and Recruitment Processing Outsourcing (RPO) services were picked by about 13% and 11% respondents respectively. About ManpowerGroup ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantial value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity - as a best place to work for Women, Inclusion, Equality and Disability and in 2020 ManpowerGroup was named one of the World's Most Ethical Companies for the eleventh year - all confirming our position as the brand of choice for in-demand talent. About the survey This survey was conducted online by ManpowerGroup Vietnam Research Team from 14th to 28th January 2021 with 442 employers in 16 industries nationwide. The respondents are Human Resources Managers, Talent Acquisition Managers and Specialists from diversified industries, including Manufacturing & Processing, Information & Communications Technology, Food & Beverage, Construction, Real Estate, Wholesale, Retail and Trading, Transport and Logistics, Aviation, Hospitality etc. Approximately 18% of the respondents are from corporations with more than 250 staffs. Nguyen Dinh Hoang Yen – Marketing and PR Manager – email: yen.nguyenhoang@manpower.com.vn - Tel: +84 28 3911 0950 (ext. 125)

​MILWAUKEE, Jan. 25, 2020 – The COVID-19 pandemic has led companies to rapidly accelerate digitization plans, according to new ManpowerGroup (NYSE: MAN) research released this week at World Economic Forum’s #DavosAgenda. The survey of 26,000+ employers in more than 25 countries finds those companies that are digitizing most are creating the most jobs. Organizations are accelerating their digitization as a result of the pandemic – 38% are speeding up, while just 17% have put plans on hold. At the same time, more jobs are being created than destroyed – 86% of employers that are digitizing plan to increase or maintain their headcount, compared to just 11% of employers who plan to reduce or hold their automation plans“Our research reinforces that digital transformation is occurring at an unprecedented pace – creating jobs and driving sweeping change with the potential to improve people’s lives and create a more connected world.” Said Jonas Prising, ManpowerGroup Chairman & CEO. “Today tech breakthroughs are driving mass vaccination programs, workforce transformation and flexibility, plus a call for better work-life blend, more upskilling and greater autonomy over how, when and where work gets done. One year into the pandemic though, we are seeing the emergence of a K-shaped recovery. Some industries and people are bouncing back faster and better – those in growth sectors and those with high demand skills – while others are at risk of falling further behind. Helping people to pre-skill, upskill and reskill for in-demand roles in this Skills Revolution remains the defining challenge of this decade. At the #DavosAgenda this week we look forward to identifying shared solutions and accelerating action to enable everyone to unleash their full human potential and have a more equitable share of the prosperity.”Key Findings: The impact of the pandemic on digitization differs significantly around the world: Employers in Germany, Austria, Japan, and Italy report automation has accelerated most as the result of COVID-19 while those in the U.S., France and the U.K. are least likely to have sped up digitization. Larger organizations are digitizing and hiring most: Conversely, smaller organizations have been most impacted by the pandemic and are more likely to have put digitization plans on hold and reduced hiring plans.HR bucks its own trend as it accelerates as business priority: Companies are realizing HR is critical in helping people reskill and redeploy as digitization accelerates. Organizations that are automating most are also planning significant increases in HR headcount (net increase of +15%). Soft skill training needs to play catch up: Soft skills including resilience, collaboration, creativity and leadership are in increasing demand yet only one in five employers (19%) are investing in upskilling programs focusing on soft skills. Training is trending shorter too. Employers know people want more applicable, bite-size, curated content that is relevant to specific roles and functions.COVID-19 has shifted in HR priorities for the long-term: HR leaders see employee health and wellbeing as the most important priority, with 63% set to put it top of their agenda for 2021 and beyond. When skills needs are changing faster than ever, organizations need refreshed talent and workforce development strategies to attract, develop, engage and retain the best talent. Skills Revolution Reboot provides innovative solutions for the Skills Revolution and highlights ManpowerGroup’s offerings: SkillsInSight™: ManpowerGroup’s proprietary assessment to help people identify their strengths and work preferences and help organizations to predict an individual’s likely fit for the role. MyPath: helps progress talent from one role to the next, from declining industries to growth sectors, closing the skills gap, improving people’s employability and helping to address the economic and social impact of the pandemic. Experis Tech Academies work with a broad range of clients, technical schools and universities to design curriculum for learners that can be applied on the job even before the learning is complete. ManpowerGroup executives Jonas Prising, Michelle Nettles, Tomas Chamorro-Premuzic, Francois Lancon, Harld Peters and Becky Frankiewicz will be leading and participating in discussions at this week’s virtual #DavosAgenda. Jonas will join Angel Gurria, Secretary-General OECD in a virtual session on Skilling The Global Workforce, moderated by the BBC on Thursday January 28 at 16.15-17.00 CET. Follow the conversation: @ManpowerGroup. About ManpowerGroup® ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower®, Experis®, Right Management® and ManpowerGroup® Solutions – creates substantially more value for candidates and clients across 80 countries and territories and has done so for over 70 years. In 2019, ManpowerGroup was named one of Fortune's Most Admired Companies for the seventeenth year and one of the World's Most Ethical Companies for the tenth year, confirming our position as the most trusted brand in the industry. See how ManpowerGroup is powering the future of work: www.manpowergroup.com. ​Please fill in the form below to gain instant access to our full report​​