Vietnam’s leading online recruitment service VietnamWorks published results of its survey on Perspectives about ASEAN Economic Community. The survey was conducted on 2,500 professionals of all job levels and belonging to companies of all sizes in Vietnam. The results showed that most Vietnamese professionals see ASEAN Economic Community integration as a good opportunity to develop their career.

Vietnam’s leading online recruitment service VietnamWorks published results of its survey on Perspectives about ASEAN Economic Community. The survey was conducted on 2,500 professionals of all job levels and belonging to companies of all sizes in Vietnam. The results showed that most Vietnamese professionals see ASEAN Economic Community integration as a good opportunity to develop their career.

Mr. Gaku Echizenya, CEO of VietnamWorks, commented: “More than 90% of our survey respondents said Vietnam joining ASEAN Economic Community is a good thing for Vietnamese employees. According to the survey, Vietnamese people expect to have more opportunities to learn from foreign experts who come to Vietnam. They also hope that international business culture will transform the current work situation in Vietnam for the better. With these optimistic perspectives coming from a relatively young working population, I believe Vietnamese human resources will improve tremendously once Vietnam completes its integration into ASEAN Economic Community”.

In terms of demand and supply, Ms. Nguyen Thi Van Anh, Managing Director of leading executive search firm Navigos Search, said that among the 8 industries that were allowed free labor movement within ASEAN Economic Community, Vietnam’s domestic market can only accommodate human resource demand of General Accounting and Manufacturing Engineer positions. For Senior Engineer positions, especially in IT industry, we still fall short of demand.

1. Vietnamese people optimistic about ASEAN Economic Community

According to VietnamWorks’ survey in July 2015, 92% of the 2,500 survey respondents said Vietnam joining ASEAN Economic Community (AEC) will be good news for them. There are 2 most popular benefits claimed by survey respondents about this integration: 52% of the respondents believed they will have more opportunities to work with and learn from foreign experts from other ASEAN countries, and 46% of the respondents insisted that international work culture will transform Vietnamese work culture for the better. 69% of those who are fond of AEC integration think Vietnamese professionals have enough skills to compete with foreign talent.

2. Concerns about ASEAN Economic Community

Among those who didn’t think AEC integration is good, 84% said the biggest setback would be that there will be more English-speaking competitors in Vietnamese labor market. The second most popular setback is the concern that employers may have leverage to decrease salary and benefits standard because there are more and more job-seekers. These perspectives reflect the fact that a small group of Vietnamese professionals are less confident about their English skills as well as their negotiation skills in terms of salary and benefits. This lack of confidence is even more visible when 67% of this group believed that Vietnamese professionals do not have enough skills to compete with foreign workers once Vietnam joins AEC.

3. Which skills should Vietnamese professionals learn to prepare for ASEAN integration?

Both groups (optimistic and pessimistic about AEC) agreed on the 3 most important skills Vietnamese workers need to equip themselves with to be ready for AEC integration. Language skills topped the poll with agreement from 89% of the respondents. Communication skills come second with 62% and leadership / management skills is the third most popular with 34%. In general, Vietnamese people place high emphasis on foreign language skills in their efforts to compete with foreign talent from other ASEAN countries. This is appropriate in the context that 41% of all the jobs posted on VietnamWorks.com in the last 12 months were noted by employers as “preferred to receive English resumes”.