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Vietnam

Best Recruitment Agencies in Vietnam

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Find top recruitment and staffing agencies in Vietnam. Whether you're looking for specialized talent or general hiring support, explore experienced recruitment firms that understand the local market and can help you build the perfect team.

Vietnam's

Economic indicators

34

World ranked

Vietnam ranks 34 in the world by current economic output

$429.7bn

Nominal GDP (US$)

GDP reflects the overall size and economic strength of the country's economy.

11

APAC ranked

Vietnam is ranked 11 in APAC by economic output in the region

GDP growth (%)

GDP growth explained

The chart compares how GDP has grown for Vietnam, its region, and the world over the last seven years. Positive growth indicates an expanding economy; negative growth may signal contraction and affect hiring activity.

3.7%

Current rate

▲ 0.4% increase

Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability and hiring strategies.

Vietnam's inflation rate

6 months

Maternity leave

Maternity: 6-month paid leave after 3 months' contribution; includes 2 weeks before birth at 100% average salary by Social Security. Paternity: 5-day paid leave with 3 months' contribution, fully covered by Social Security. Parental: No specific policy in Vietnam.

30 days

Sick leave

Employees can take up to 30 days of paid sick leave at 75% salary, funded by Social Security. Extensions are granted individually.

Cost of living

Cost of living index explained

The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations for both employers and candidates.

Vietnam's

Labor market

Vietnam vs world population age distribution

96.2m

Population

Vietnam has a population of about 96.2m. The chart compares its age distribution with the world average—useful context for workforce size and long-term hiring demand.

11 days

Minimum annual holidays

Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) may require emphasizing work-life balance when recruiting.

42 hrs

Average working full time week

Standard work is 8h/day, 40h/week, Mon-Fri. Overtime is paid at 150% on weekdays, 200% on days off, and 300% on holidays. Max 12h/day work allowed.

1.6%

Current percentage

▲ 0.1% increase

Vietnam's unemployment rate is low, suggesting either a booming economy or reliance on foreign labour. Between 2022 and 2023, there was a small increase in unemployment, suggesting continued economic stability, with a slight dip in job availability

Unemployment rate

Vietnam's

Top performing companies and industries

Top industries

  • food processing
  • garments
  • mobile phones

Ratio of males to females (by age)

78 / 69

Male

[ "In Vietnam there is a low gap in participation rates between males and females, indicating a relatively balanced workforce particpation often reflective of strong gender equality policies or cultural norms supportive of equal gender parity." ]

Vietnam's

Religion and ethnicity

Religion

In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In homogeneous environments, understanding dominant cultural norms is often more important when engaging with talent.

Ethnicity

In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds. Employers may need to focus more on inclusive hiring practices to attract talent from across different ethnic groups.