Vietnam is the easternmost country situated on the Indo-china Peninsula in Southeast Asia. China borders the country on the north, Laos on the northwest. Cambodia on the southwest, and the South China Sea on the east. Vietnam is known for its breathtaking natural beauties, golden beaches, rivers, bustling cities, incredible heritage, mouthwatering cuisine, and several Buddhist pagodas. So through this blog we will discuss the areas where one can look for jobs in Vietnam and the residency process. So let’s begin without any further delays.
Job Scenario in Vietnam
Looking for employment in any foreign country can be a tiring process. So it is always good to do some research about a few essential things. These are the economy of the country, job market, and the probable areas to look for employment — lastly, the local language of the country.
Vietnam has gradually moved from a centrally planned to a market economy. As a result, Vietnam became one of the most promising countries in the East Asia region. Moreover, the economy of the country continues to rise with support from strong domestic demand and export-oriented manufacturing. However, the Vietnamese job market is not very open to foreigners. The companies and the local business prefer to recruit local people. Besides this, to hire foreigners, the employers have to prove that the skills required for the job were not available locally. Foreign companies in the country are also allowed to recruit more than 3% of foreign employees. Working in Vietnam as a foreigner, one should have a good command of English along with some knowledge of Vietnamese.
Let’s now talk about the areas where one can search for the job opportunities
In Vietnam, most banks are the largest and owned by the state. The leading banks in the country include VietinBank and Vietcombank that dominate the banking sector in the country.
Information and Communication Technology (ICT)
The growing economy resulted in the development of the ICT sector, leading to the integration of Vietnamese companies globally. However, the ICT sector is still a key growth priority for the Vietnamese government. Besides this, there are several job opportunities for foreigners in this sector due to the lack of a skilled local workforce.
The electronics sector of Vietnam is growing gradually every year. Besides this, it is one of the contributors to the economy of the country. Foreign companies such as Samsung and Panasonic dominate the electronics industry.
An increase in foreign investment led to a boom in this sector with large numbers of high rising apartments and office space, built mainly in the urban cities. Moreover, the construction industry directly contributes 39% of the GDP. Besides this, the policies by the government are the significant growth driving factor for this industry.
It is among crucial contributors to the economy of the country. Vietnam has around 7% of the world’s bauxite reserves as well as tungsten, titanium, phosphate, coal, and iron ore. However, one sector that has greatly benefited in this sector is the steel industry.
Tourism plays a vital role in contributing to the economy of Vietnam. Vietnam has emerged as an attractive destination for tourists from different parts of the world.
With the expansion of tourism, the hospitality industry also witnessed a boom. As a result, creating more job opportunities in the country. Moreover, in Vietnam, more than a third of the GDP is generated by the service sector. This includes transportation and hotel and catering industry.
Demographic changes, rise in income, and economic growth have led to a growing demand for healthcare services in Vietnam. Due to which, the country has a shortage of skilled medical professionals. So, one with excellent skills and qualifications can look forward to a career in this sector in Vietnam.
Vietnam is a hub of food processing. It deals with the high demand for processed food from both local and international markets. Agricultural and sea products dominate the food industry. These products are canned and shipped globally. Further, the sector accounts for 40% of Vietnam’s export and directly contributes to the economy of the country. Moreover, the abundance of raw materials has led the country to the top in the export of rice, coffee, and cashew nuts, among other food products.
Textile and Garments
It is among the leading export industries in Vietnam. There are nearly 6000 textiles and garments manufacturing companies. It employ around 2.5 million workers. Moreover, within ASEAN, Vietnam is the most active competitor for inheriting low value-added textiles and apparel manufacturing from China.
Increasing purchasing power, changing lifestyles, and the influence of western culture are some of the key growth drivers for the retail sector. With the Vietnam market opening to foreigners, several retailers such as Metro Cash & Carry and Lotte Mart changed the landscape of modern retail in Vietnam. Some foreign retailers are also expanding their distribution networks to rural regions.
Besides this, one can always look for vacancies in the multinational companies established in the country. Some of these companies are:
- Bridgestone corporation
Where to look for these vacancies
An individual looking for jobs can search through the following sources:
- Internet: Sites such as Vietnamworks, monster, Asiaco jobs, job street
- Through the newspapers and magazines
- Recruitment Agencies
- A proper networking
- By sending applications directly to the companies
CV and application
An application usually comprises of a CV, a cover letter, and relevant certificates. A cover letter should be short and not more than a page. The CV should be chronological, starting with your most recent job. One should modify their CV as per the applied position. Further, it should emphasize on skills that are relevant to the applied position.
Working Hours in Vietnam
As per law, an employee should work for 48 hours per week (Monday- Friday and half days on Saturday). However, 30% extra is paid to the employees doing the night shifts. Overall, one can work overtime for a maximum of 200 hours in a year. Besides this, the employee enjoys a minimum of twelve days of annual leave and nine public holidays.
So, once you get a job in Vietnam, the next thought that comes to mind is how to process things further. Let’s just discuss this.
Anyone who wants to study, live, and work in any foreign country will need a visa and the residence permit.
Please note for visa-related queries, please visit:
Permanent Residence in Vietnam
Article 13, Item 1 of Ordinance No. 24/2000 that talks about the entry, exit, and residence of foreigners in Vietnam, and who apply for a Permanent Residence Card (PRC).
- Freedom fighter who struggled for freedom and national independence, for socialism, democracy, and peace or the for science, and have been subject to suppression.
- One who contributed to the cause of building and protecting the Vietnamese Fatherland
- One who is a spouse, child or parent of a citizen of the country
For those applying for PR on the bases of the first two categories, mentioned above
- Four recent passport size photographs
- CV written by the applicant
- A valid passport
- Work permits
- Employment contract
- The business license of the employer
The application for a Permanent Residency Card (PRC) is processed within one month after the receipt of the completed documents.
For those applying as the spouse, children, and parents, documents required are
- Four recent passport size photographs
- Legal profile certified by the applicant’s home country of residence
- Official note by a competent agency of the home country, asking the Vietnamese authorities to allow the applicant to reside in Vietnam permanently
- Proof of relationship with a citizen of Vietnam, such as birth certificate, marriage certificate, or family record book.
- A valid passport
- Other related documents as asked by Vietnamese immigration officials
Please Note: All documents must be notarized and translated into Vietnamese.
The application processing time for a Permanent Residency Card takes around 6-9 months after the receipt of the completed documents. A PRC is valid for three years and is renewable after every three years
Thus to conclude, Vietnam is becoming popular as a destination to live and work among the foreigners. This is due to a comfortable lifestyle, low cost of living, safe environment, lively culture.
So I hope it was informative enough. I hope this will guide you in opting for the options where your skills and talents can flourish.
All the best