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More overseas Vietnamese choosing to return home

VNA - With hundreds of thousands of jobs being cut due to the global economic crisis in their countries of residence, many overseas Vietnamese throughout the world are flocking back to their homeland to seek employment.

Director of the Loan Le Employment Agency in Ho Chi Minh City , Loan Le, said that her company has received job applications from around 3,000 overseas Vietnamese out of the more than 600,000 people who are currently using her company to find work.

The Netviet Company, which specialises in human resources consultancy, said that since late last year they have received 200 job applications from overseas Vietnamese, three times higher than the annual average.

Huynh Van Thoi, Director General of onlinejobs.vn, one of Vietnam ’s leading jobs websites, said that about 1,000 overseas Vietnamese who are looking for work in their homeland have registered with his website.

These prospective employees mainly work in the financial sector, information technology, public relations, and business management - the areas that Vietnam is in dire need of competent personnel, said Thoi.

He also revealed that around 80 percent of the overseas Vietnamese are experienced workers while the remaining 20 percent are university graduates.

Being proficient in foreign languages and having good work ethics, dynamism and confidence are all big advantages that have helped many overseas Vietnamese get recruited by foreign companies operating in Vietnam .

However, in times of economic crisis, many businesses have been bogged down with difficulties and have opted for several solutions including downgrading their scope of operations and halting new recruitment.

The Vice Director of the Netviet Company, Tam Thanh Thien Trang, revealed that previously, 80 percent of those who had accessed jobs through her company were overseas Vietnamese, but this figure has dropped to around 25 percent at the moment.

Phan Thanh, President of the Association of Overseas Vietnamese Businesses in Ho Chi Minh City , said that although the number of overseas Vietnamese returning home to work has not reached “alarming levels”, they will heat up the competition in the domestic labour market./.

 
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