MANPOWERGROUP VIETNAM’S 10 YEARS ANNIVERSARY

In January 2018, ManpowerGroup Vietnam solemnly celebrated 10th Anniversary in Hanoi and Ho Chi Minh City, marking a milestone in developing and powering the future of work in Vietnam.

 

As a world leader in innovative workforce solutions, ManpowerGroup always focus on three core values: People, Knowledge and Innovation. In which, People is the central element of ManpowerGroup's primary concern. We respect, trust, support and help individuals achieve their goals in work and life as well. We value the dedication of our customers, candidates and employees to our success. 

 

ManpowerGroup is always ready to share its Knowledge and expertise in order to help clients and partners catch up with the important issues in current and future world of work for the right workforce development. In this way, ManpowerGroup Vietnam has provided valuable consulting to the Ministry of Labor - Invalids and Social Affairs (MOLISA) on labor outsourcing and staffing (or labor-subleasing), advice on the completion of the relevant legal framework concerning to labor, employment and labor mobility in the area.... 

 

Innovation is the third core value that ManpowerGroup has always embraced in all its activities. With quarterly and annually extensive workforce researches, ManpowerGroup is a pioneer who constantly explore and develop the best and most suitable workforce solutions to meet the needs of the world of work today and tomorrow. 

 

With the values contributed to the world of work globally, ManpowerGroup has achieved international recognitions, including the World’s Most Ethical Companies which was awarded to ManpowerGroup as the only company in HR sector for 7th consecutive year. ManpowerGroup was also ranked as one of the Most Admired Companies in the world. Moreover, 2017 is also the 7th consecutive year ManpowerGroup was recognized as The Biggest RPO Provider in the world from NelsonHall.

Simon Matthews, CEO of ManpowerGroup Vietnam, Thailand and Middle East shared: “10 years in Vietnam is an important milestone in the context of the early stage of the Skills Revolution, where people need to constantly develop the right skills to be employable and achieve sustainable success in their career. In particular, we have inherited 70 years of global heritage from ManpowerGroup which is the solid foundation for ManpowerGroup Vietnam to follow the steps and power the future of work. Our creative workforce solutions can help organizations increase competitiveness to succeed in their businesses and connect thousands of Vietnamese labors to meaningful jobs.”

 

Vienamese Total Workforce Index announced

ManpowerGroup Solutions (a brand of ManpowerGroup) has announced the Total Workforce Index (TWI) of Vietnam. As the world leader in innovative workforce solutions which sets footprints in 80 countries and territories, ManpowerGroup is constantly doing researches on the labor market so that the company can consult clients with innovative human resources solutions. The TWI - Total Workforce Index survey (1) shows that among the 55.92 million workforce in Vietnam, the permanent workforce makes up 38% and contingent workforce accounts for 62%. However, TWI also reveals that there are some limitations in Vietnamese workforce, with only 5% of working English proficiency, and only 10.4% of high skilled workers (white collar workers). These indicators show that Vietnam has not yet fully exploited its human resources, despite the fact that Vietnam's potential workforce has many job opportunities in the country and the region.

 

According to TWI, the reported cost of doing business in Vietnam is only 4.6% of Gross National Income per capita, the average monthly salary is about $ 220 compared to $ 2,648 per month of the region. Meanwhile, Vietnam's labor market efficiency is not too low compared to the region, namely 4.33% compared to 4.38% of the region; Technical readiness in commerce reached 3.51% compared to 4.92% of the region, working time almost equivalent to the region. It can be said that Vietnam is still a country with competitive labor costs for those wishing to invest in Asia Pacific.

 

* The Total Workforce Index (TWI) is a comprehensive workforce analysis tool that allows organizations to determine the relative ease of sourcing, hiring and retaining workforce skills in competing labor markets around the world.

 

About ManpowerGroup:

ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, creates and delivers high-impact solutions that enable our clients to achieve their business goals and enhance their competitiveness. With nearly 70 years of experience, our $19 billion company creates unique time to value through a comprehensive suite of innovative solutions that help clients win in the Human Age. These solutions cover an entire range of talent-driven needs from recruitment and assessment, training and development, and career management, to outsourcing and workforce consulting. 

 

ManpowerGroup maintains the world’s largest and industry-leading network of nearly 3,000 offices in over 80 countries and territories, generating a dynamic mix of an unmatched global footprint with valuable insight and local expertise to meet the needs of our 400,000 clients per year, across all industry sectors, small and medium-sized enterprises, local, multinational and global companies. We connect more than 600,000 people to meaningful work across a wide range of skills and industries every day. The ManpowerGroup suite of solutions is offered through ManpowerGroup Solutions, Experis, ™ Manpower ® and Right Management. ® 

 

In 2017, ManpowerGroup was named one of the World’s Most Ethical Companies for the seventh consecutive year and one of Fortune’s Most Admired Companies, confirming our position as the most trusted and admired brand in the industry.

 

About ManpowerGroup Vietnam

Established in 2008 in Vietnam with two (02) offices in Ho Chi Minh City and Hanoi, ManpowerGroup Vietnam is the first 100% FDI Company in the resource consulting market providing comprehensive consulting solutions in a wide variety of areas and as a strategic partner. The Ministry of Labor, Invalids and Social Affairs.

We provide comprehensive human resources solutions such as:

• Talent-Driven Outsourcing

• Recruitment and Assessment

• Talent and Career Management 

• Professional Resourcing

 

For more information please contact: 

Ms. Nguyen Dinh Hoang Yen

Marketing and PR Manager 

ManpowerGroup Vietnam

Tel: +84 28 3911 0950 (ext. 154)

DĐ: +84 903 808 175