Vietnam – Recruitment demand slumps 25% from pre-pandemic levels (Vietnam News)

Home »Editorial »Daily News »Vietnam – Recruitment demand slumps 25% from pre-pandemic levels (Vietnam News)Daily News View All NewsVietnam – Recruitment demand slumps 25% from pre-pandemic levels (Vietnam News)03 January 2023Recruitment demand in Vietnam during the last quarter of 2022 dropped 25% on average from the pre-pandemic level, reports Vietnam News, citing research from Vietnamese recruitment firm Navigos Group. For the month of December 2022, hiring demand fell by 42% compared to the pre-pandemic level, with Navigos citing the impacts of the global economic crisis and difficulties facing domestic businesses. The manufacturing, textiles, and maritime sectors witnessed a significant decrease in staffing demand owing to weak global consumer spending from major markets, high exchange rates, rising material costs, political instability, and high interest rates locally, Navigos noted. Some industries that recorded a progressive decrease in labor demand during Q4 were office administration, marketing, and sales (down 50% from pre-pandemic); construction (down 50%); purchasing, material supply, and transport (down 53%); textiles and footwear (down 58%), and seasonal employment (down 50%). Several segments also saw a sharp decline in hiring needs in December regardless of their growth in the two previous months, including banking, consumer goods, insurance, and stock market with the fall rates varying between 13% and 45%.

January 03, 2023 12:55 UTC

Vietnam ready to welcome back Chinese visitors

Visitors enjoy adventurous paragliding in Binh Thuan (Photo: VNA)Localities and travel firms have quickly embarked on plans to welcome back Chinese tourists to Vietnam and take Vietnamese visitors to China, after the Chinese side announced that it will officially cancel concentrated quarantine and COVID-19 testing for foreign visitors to this country from January 8.Chairman of the Vietnam Tourism Association Vu The Binh said that this is a signal helping stabilise the flow of international visitors because China has always been a big market for Vietnam.The number of Chinese visitors to Vietnam increased by 34.4% per year, hitting 5.8 million in 2019. They always make up 28-30% of the total number of international arrivals to Vietnam.Speaking at a recent seminar on airline - tourism cooperation, Director of the Department of Tourism of central Khanh Hoa province Nguyen Thi Le Thanh said Vietjet Air and China Southern (CZ) have planned to resume their operation from March 26, while Vietnam Airlines will re-operate its flights from the Chinese market on June 1.The People's Committee of Mong Cai city in the northern province of Quang Ninh has sent a document to tourism sites and businesses about the preparation for welcoming tourists during the upcoming Lunar New Year.Many travel and tourism businesses are also ready to welcome Chinese tourists in the near future.Vietnam is targeting 8 million international visitors and 102 million domestic tourists with a total revenue of about 650 trillion VND (27.5 billion USD) in 2023./.

January 02, 2023 20:17 UTC

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