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Welcome to your comprehensive guide to the Vietnam job market. Finding the right job or candidate requires solid data. We provide the latest statistics on employment, salaries, and economic indicators, empowering you to make informed decisions about your next career step or recruitment strategy in Vietnam.
Job Market Overview: Employment Statistics in Vietnam
Understanding Vietnam's job market is crucial for both job seekers and employers. The country's current employment indicators show:
| Key Metric | Current Status |
|---|---|
| Total Population | 97.338.583 residents |
| Employment Rate | 74.4% (above OECD average) |
| Unemployment Rate | 2.01% (very competitive market) |
These Vietnam employment statistics reveal a tight labor market where skilled professionals are in high demand. The 74.4% employment rate suggests strong job availability across sectors.
Living & Working in Vietnam: Economic Insights
Before relocating or applying for jobs in Vietnam, consider these key economic factors:
| Economic Indicator | Value | Comparison to U.S. |
|---|---|---|
| Average Monthly Salary | 466,16 USD | 10% of U.S. average (significantly lower) |
| Purchasing Power | 40 | moderate compared to U.S. (100) |
With 40 purchasing power, salaries in Vietnam provide adequate but budget-conscious lifestyles. The average monthly salary of 466,16 USD is particularly attractive in the Manufacturing (Textiles, Electronics) sector.
Top Industries & Job Opportunities in VN
Vietnam's thriving job market spans these key sectors:
| Leading Industry | Manufacturing (Textiles, Electronics) (growing at 5% annually) |
| Emerging Sector | Agriculture (Rice, Coffee) (25% of workforce) |
| Service Sector | Services (Tourism, Retail) (60% of GDP) |
| Major Employers | Viettel, Vingroup, PetroVietnam (hiring year-round) |
Job seekers should focus on Manufacturing (Textiles, Electronics) for the most opportunities, while Agriculture (Rice, Coffee) offers growth potential. Major companies like Viettel, Vingroup, PetroVietnam frequently post openings for skilled professionals.
Data Sources & Methodology
The statistical data (Population, Employment, Economic Indicators) used in this guide is compiled from the following authoritative sources:
- Employment & Economic Data: World Bank Indicators
- Cost of Living & Salaries: Numbeo Cost of Living Database
- Proprietary Data: Analysis derived from expert interviews and Cityjobs.info internal salary research.
Disclaimer: Data Volatility Note
We strive to update all statistics and figures annually. However, due to the nature of global economics, data like employment rates, exchange values, and average salaries can change rapidly due to political events, economic shifts, or unforeseen crises. Always verify critical figures with local governmental or financial institutions before making major decisions.
CityJobs bridges the gap between job seekers and employers in Vietnam, creating a more accessible and inclusive job market for all.
1. What's the employment situation in Vietnam?
With a population of 97,338,583 and an employment rate of 74.4%, Vietnam offers a competitive job market. The unemployment rate currently stands at 2.01%.
2. Which are the top companies in Vietnam?
The leading employers in Vietnam include Viettel, Vingroup, PetroVietnam. These companies offer diverse opportunities across multiple sectors.
3. How far does salary go in Vietnam?
The purchasing power ratio in Vietnam is 40, meaning cost of living should be carefully considered when evaluating job offers.
4. How can I find jobs in Vietnam?
Search our listings filtered for Vietnam. Focus on industries where Viettel, Vingroup, PetroVietnam are active, and consider that the 74.4% employment rate suggests moderate competition for positions.
5. What should I know about working in Vietnam?
With Viettel, Vingroup, PetroVietnam as major employers, the job market tends to favor Agriculture (Rice, Coffee) and Services (Tourism, Retail).
