VIETNAM IT MARKET REPORT 2020

Published by

INTRODUCTION

1“After all, in order to achieve impressive results as other advanced countries, Vietnam
needs to accelerate its labor productivity. The confrontation between the world’s
development models ultimately lies in the fact that which model creates higher productivity.
That is also the reason why we see great world’s powers competing against each otherprimarily not about trade, but technology. As technology is the way to help Vietnam get ridof its short-sightedness and strive for ambitious visions, the dream of Vietnam becoming
an IT nation will soon come true."In the last 5 years, Vietnam has been going through positive changes in digital transformation, thus moving
forward into a digital economy and a digital society. Therefore, the wave of tech startups as well as startup
projects from large companies, has continuously been on the rise. With the entire technology industry’s
substantial growth in general, it can be said that by 2020, Vietnam will be considered as an IT nation ofSoutheast Asia. Minister of Information and Communications Nguyen Manh Hung said that an additional
50,000 IT businesses (ICT) is necessary for Vietnam to accelerate its digital transformation. A trend called
Make In Vietnam is on a strong momentum where the developers and technology experts have consideredmore about bringing Vietnamese products to the world. Product companies are gradually showing theirappearance.

NGUYEN HUU BINH
CEO - TOPDEVAt present, the IT industry is being evaluated as one of the leading industries in Vietnam. There is a number ofmore than 153 institutions training 50,000 IT personnel. According to experts’ assessment, Vietnam will be an
ideal destination for leading technology companies in the world and the region to have their productdevelopment located. Particularly in the Vietnam market, there are numerous small and large startups
developing potential projects directly related to AI and Machine Learning, which creates an abundance ofoutstanding values for the technology industry as a whole.

2

CONTENTS

3 VIETNAM - NEW DESTINATION

15

Socio-economics general data & achievements in
Vietnam's IT sector in recent years

VIETNAM DEVELOPERS’SALARYHow much are developers in Vietnam paid in 2019-2020?

7 VIETNAM - IT TALENT POOL

Developers’ characteristics and personal data in Vietnam

20 VIETNAM IT PERSONNEL
SUPPLY-DEMAND
Current situation and Vietnam IT personnel recruitment
demand in the future25

Sources & Report’s foundation
Publisher - TopDev
Contact

3
COUNTRY’S DATA

1POPULATION (1)96,2M (2019)

VIETNAMNEW DESTINATION

GDP$245,214B (2018)

GROWTH RATE 7.02% (2019)

(3)

(2)

GDP PER CAPITA$2.587

INCREASED BY $198
COMPARED TO 2017(4)(2018)

DEMOGRAPHICS
LABOR FORCEFROM 15 YEARS OLD

55,8M (2019)(2)

AVERAGE WORKING AGE

30,5 YEARSLITERACY RATEFROM 15 YEARS OLD

95.8%

(1)

INDEX & RANKINGGLOBAL INNOVATION INDEXGIIGLOBAL COMPETITIVENESS INDEXGCI

HUMAN CAPITAL INDEX(HCI)ACCORDING TO WORLD INTELLECTUAL
PROPERTY ORGANIZATION (WIPO), 2019

ACCORDING TO THE WEF 2019
IMPROVE 10 PLACES COMPARED TO 2018
ICT ADOPTION INDEX INCREASES
50 SCORES (FROM 95 TO 41)

WORLD BANK (WB, 2018)45/129FIRST 9 MONTHS OF 2019 FDI$26,16B

US NEWS & WORLD REPORT

67/141RANKED8th

TOP 20 BEST COUNTRIES TO INVEST IN
ACCORDING TO US NEWS & WORLD REPORT

0,67
48/157 - TOP 2 SEA(3)

4
VIETNAM ICT INDUSTRY DATAICT TOTAL REVENUEICT EXPORT$91,5B(5)(ESTIMATED 2019)

SOFTWARE EXPORT TURNOVER$3,5B (2018)(6)

BUSINESSES IN ICT SECTOR

50.000

BUSINESSES(2018)

FDI 2018 FOR
TECHNOLOGY SCIENCE SECTOR$112,35B(5)(ESTIMATED
2019)

SOFTWARE INDUSTRY REVENUE

$5,0B

(5)

(ESTIMATED
2019)

SOFTWARE INDUSTRY’SGROWTH RATE

13,8%

(5)

WEF
CompetitivenessRanking(2016 - 2017)High technology exports are higher
more than competitive regional peers (Unit: Bil USD)

$2,1B (ESTIMATED 2019)

Vietnam(7)

ThailandPhilippines

India

Source: World Bank, WEF

According to the Ministry of Information andCommunications’ 2019 summary and 2020 orientation
report, total ICT industry revenue in 2019 is estimatedat $112,350B, including 81.5% for ICT export. Also, theMinistry of Information and Communications
announced that software industry revenue reached$5B, up $500M compared to last year. Total ICT
industry value for the State budget in 2019 is VND
54,000B, an increase of VND 2000B comparing to2018. However, the digital industry’s revenue only
makes up a minor part in IT industry revenue(accounting for 0.76% of the IT industry’s revenue). The
telecommunications industry grew by nearly 19% withthe contribution of 50,000 technology enterprises. The
IT industry maintained its growth rate of 10%.
Regarding ambitious orientations that should befocused on in 2020, Minister of Information andCommunications Nguyen Manh Hung said that theYear 2020 would be the year of national digitaltransformation, the year of a great start to movetowards a digital Vietnam. This will be a profound andcomprehensive transformation, which is first thetransformation of methods, operating procedures,processes in all fields. All in all, this is an encouraging
sign, helping Vietnam get closer to the goal of
becoming an IT nation of the region.

5

TYPES OF IT SERVICES IN VIETNAM

E-Commerce

Transportation

FintechCar/ foodorder

Softwareoutsourcing

Digital content,
online media

Onlinetravelling

Business
Process Outsourcing(BPO)

High-tech(AI/ML, IoT,
Blockchain...)Business service(SAAS,...)

EdtechHealthcare

According to a recent report on Southeast Asia Digital Economy in 2019, the region's digital economy is expected to exceed $100 billion this year and this figure will
have been triple by 2025. Southeast Asia is likely to become one of the fastest-growing markets for e-commerce thanks to its tech-savvy population, especiallysmartphone usage is increasingly on the rise. As stated by the TopDev survey, in 2020, Vietnam will concentrate on 12 key areas such as E-commerce, Fintech,
Ride/food order, Edtech, Healthcare, etc.

IT ENGINEERS

400.000
IT STUDENTS
GRADUATE ANNUALLY

50.000FROM 153 IT INSTITUTIONSVIETNAM DEVELOPERS’RANKINGSKILLVALUETOPCODER

WORLDWIDE IN DEVELOPER SKILLSCHARTS OF SKILLVALUE’S REPORT 2018

WORLDWIDE IN DEVELOPER SKILLS CHARTSOF TOPCODER REPORT 2016

HACKERRANKTHE FIRST TWO SCIENTIFIC RESEARCHESWORLDWIDE IN DEVELOPER SKILLSCHARTS OF HACKERRANK’S REPORT 2016

AT NEURIPS - TOP 1 CONFERENCE
IN THE WORLD ABOUT ARTIFICIAL INTELLIGENCEIN CANADA FROMARTIFICIAL INTELLIGENCE RESEARCH LAB
VINAI RESEARCH

29th

23rd

TOP 6

ABOUT A.I

6

CAPACITYVIETNAMVIETNAM ENHANCES

TOP 8

S.T.E.M EDUCATIONPROJECT

ALGORITHM & PROGRAMMING LESSONS ARE TAUGHT FROMON OCED’S PISA CHART 2018 ON 15-YEAR-OLD STUDENTS’ ABILITIESABOUT MATHS, SCIENCE AND READING COMPREHENSIONVIETNAM RANKED ABOVE DEVELOPED ECONOMIES LIKE KOREA, CHINA, HONGKONG

150.000

VIETNAM PUPILS, STUDENTS CAN LEARN PROGRAMMING WITH NO TUITION FEE
IN THE PROJECT “CODING FOR THE FUTURE WITH GOOGLE”

SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICSGRADE 8IN INFORMATICS OF NEW HIGH SCHOOL PROGRAM

THE WAVE OF STRONG TECHNOLOGY AND IT INVESTMENT
In the near future, Vietnam will be the destination for many large technology corporations in theworld. Apple’s supply chain Vice President Rory Sexton said Apple is ready to meet up and findopportunities for future cooperation with Vietnam ICT enterprises wishing to join Apple’s
supply chain. Beside Samsung - one of the foreign capital corporations that help accelerate
Vietnam's economy, the participation of Apple in the future probably will continue to strengthen
Vietnam’s wave of foreign investment in 2020. Particularly in 2020, Samsung said they will
invest an additional $300 million in R&D in the Hanoi, and needs 4,000 more IT employees in thenear future.
Hindustan Computers Limited (HCL), one of India's 3 largest IT companies (Top 5 World
Outsourcing Companies), has built its center in Ho Chi Minh City, and needs an additional
10,000 engineers in the next 5 years. Axon Enterprise, one of the leading
technology-developing companies for law enforcement solutions in the US has also built its
technology development base in Ho Chi Minh City.

72

vietnamIT TALENT POOL

8

DEMOGRAPHIC

Nowadays, most of the developers belong to Millennials generation - employers need to pay attention to age, interests, insights to adjust their recruitment plan suit the current
multi-generational recruitment trends nowadays,.. This is a generation that desires a better balance, a healthy lifestyle, more information about the company, its products and wants to behighly involved in the product development process. They also expect the product to have the ability to serve them and their community. Millennials with a fast-paced way of living require an
active and flexible lifestyle. The recruiters also need to prepare for the Centennials (GenZ), following Millennials. GenZ’ mindset and how to interact with them are becoming moredifferent.They are projected as a new wave which would change service and entertainment industry context, recruitment and ICT are not exemptions, certainly.

15-19

AGE

LOCATION

8.8%

4.6%
5.4%

20-24

26.9%

25-29

26.3%
15.8%

30-34
35-39

10.6%

50+

Others
0.11%

55.3%

5.9%

40-44
45-49

34.7%

Female
6.86%

GENDERMale
93.03%

3.3%
2.4%

The age dominating this survey is from 20 to 34 years old.
Numerous developers started coding early and about 8.8% ofthem started coding before 20. At present, the number ofdevelopers in Vietnam at a young age accounts for the majority
with 53.2% aged 20 - 29 years old.

Ho Chi Minh City

Da Nang

Ha NoiOthersMore than 90% of the feedback we receive indicates that Male
still dominates the gender of developers or people working in thetechnology sector. Females constitute a minor number of 6%,
however, the proportion of women has also increased
significantly, especially those having 2 years of experience ormore. Also, comparing to last year, the number of females
working in IT sector saw considerable growth.

9

DEMOGRAPHICYEARS OF EXPERIENCE
0-1

LEVEL OF QUALIFICATION
27.9%

2-3

25.6%

4-5

16.0%
9.9%

6-7
7.1%

8-9

50
40

5.6%

20

12-15

5.2%

10

2.7%

The number of senior developers over 5 years of experience accounts forabout 30% while those with less than 3 years of experience represents
53.5%.

33%

30

10-11

16+

42%

0

17%
8%
JuniorMiddleSenior

Lead

There is a large number of developers with only a few years ofexperience but having Senior / Lead expertise. In contrast, somehaving many years of experience but only being reviewed as Junior or
Middle-higher positions.

10

DEMOGRAPHIC
WHY
YOU CHOOSE
PROGRAMMING?

WHAT MAKES YOU FEEL
MORE SATISFIED WITH YOUR JOB?
43.2%
38.4%

78%

63%

Attractive
Passion forsalarytechnology,
programming & computer

54%
Good logic& computer
background42%
Prospective
career development

Most candidates choose to follow the programming industry because of theirinterest and passion for it. What makes them feel most satisfied is that they can betrained and have the opportunity to develop their skills. Career path and salary arealso two key factors fulfilling candidates’ satisfaction.

29.1%

Being trained comprehensively
and have a chance to develop skills
Clear career path
Worthy salary, bonus and compensation

26.9%

Suitable working environment& company culture

26.2%

Intriguing and challenging
projects and technologies

20.3%

Good work/project management process

19.0%

Quality equipment and facilities

18.2%

Flexible working hours& remote working allowed

17.5%

Transparent company policies & processes

10.3%

Others11

DEMOGRAPHICHOW DO YOUUPDATE YOUR TECH NEWS?
70.5%

Tech blog

HOW DO YOU LEARN
NEW PROGRAMMING LANGUAGES
Ofﬁcial documentation

58.2%
58.0%

Tech Fanpages

37.6%

YoutubeFacebook Groups

30.4%

Online courses

Tech events
StackOverFlow/ Hackernews/ FreecodeCamp
Medium/ Reddit/ Quora

30.3%

Personal projects

16.5%

Others

8.5%

24.3%

45.2%
35.2%

Tech books

25.0%

Open-source projects

24.4%

Ofﬂine courses
Contest

11.3%
8.9%

About 70.5% of developers said they mostly update their knowledge through blogs rather than other media channels. While international developers update information via
Twitter, those in Vietnam will use programming technology fanpage as well as Facebook groups of tech experts instead. Official documentation is also a way for developers
to self-update.

DEMOGRAPHICPOPULAR TECHNOLOGIES IN VIETNAM

FRAMEWORKS/ LIBRARY
49.6%

Laravel

36.4%

NodeJSDATABASE

PostgreSQL

Vue

27.8%

MongoDB.Net Core
SpringDjango

15.1%
13.2%
7.2%
5.2%

40.0%

SQL Server

27.9%

IDE & TEXT EDITOR
59.1%

MySQL

React

Angular (2+)

12

FRAMEWORK, LIBRARIES, TOOLS

32.9%
26.0%

Visual Studio Code

35.2%

Sublime Text

34.9%

IntelliJ

33.5%

Visual Studio

29.6%

SQLite

19.4%

Xcode

26.5%

Redis

17.9%
14.2%

Android Studio

23.6%

PhpStorm

19.4%

Elastic Search
MariaDB

13.3%

Atom

18.0%

Oracle11.2%

Pycharm

17.8%

13

DEMOGRAPHICAVERAGE DURATION FOR JOB-CHANGINGJOB-SEARCHING
BEHAVIOR OF DEVLOPERS
I’m actively
looking for jobs

14.3%
I am notlooking forany job

22.8%

62.9%

I am notlooking for
new jobs,
but open for
new opportunities

1,67 YEAR~ 20 MONTHSWANTEDWE AR
E
HIRINGJOB

The reason behind is not just about
inappropriate salary. 70% of IT
personnel are ready to change theirworkplace with a 15% increase only in salary, however
they gain more value as mentioned on page 10.

WE A
R
HIRIN EGEMPLOYEE TURNOVER RATIO REACHESIN 2019. IT IS ONE OF THE 4 INDUSTRIES TOOWN THE HIGHEST RATE

24%

While 68.2% want to get higher salary, 46.9%
look for a better working environment and 34.2% for morechallenging job.
About ¾ developers are willing to switch their working environment whenever suitable.

68.2%

SEEKINGHIGHER SALARY

46.9%

SEEKINGBETTER WORKINGENVIRONMENT

34.2%

SEEEKING MORE
CHALLENGING JOB& RESPONSIBILITY

14

400.000

IT ENGINEERS
Vietnam ranked 42nd among 129 global economies on the Global
Innovation Index 2019 (GII) published by the World Intellectual Property
Organization (WIPO) in New Delhi, India on Wednesday, comparing to 45th
position last year. In the past 9 months of 2019, Vietnam has attracted$26,16B FDI which brought Vietnam to the 8th position among 20 best
countries to invest in according to US News & World Report on newtransformations in Vietnam. Vietnam also ranked 48th among 157 countries
in terms of Human Capital Index (HCI), only following Singapore in ASEAN
region.
Currently, Vietnam human resource market is extremely in high demand forhigh-quality personnel,however, it is inevitable that supply is always lower
than demand. The only key to solve this headache problem lies in training.
Currently, training institutions in Vietnam has not yet met businesses’
personnel demand. Only 30% of the 50,000 IT students meet the enterprises’
needs.

In the coming time, perhaps IT training centers and institutions need toshift their attention to quality rather than quantity. At present, thegovernment also plans to invest more in 20 schools currently teaching IT
in Vietnam. From there, the government will cooperate with businesses
to open more short-term training courses for young people so that they
can approach real-life requirements and catch up with new technologies.
In fact, many companies now have an internship program which plays as
the best opportunity for students to practice. Part-time jobs also help
them a lot in accumulating experience, processes and problem-solving
methods in future work. Besides, foreign languages as well as social
interaction skills should become the focal point when training instead of
only concentrating on IT skills and knowledge.
On the other hand, in the era of multi-generational recruitment,
businesses also face challenges in retaining employees and recruiting
newbies, partly because the working culture of new generation haschanged. Businesses should focus more on creating work-life balance,
making the working environment more active, thus helping candidates
easily get on well with others. As a result, together contributing ideas
and developing the company's products are absolutely evident.
Currently, lots of large enterprises are applying startup model in theircompany to help motivate employees, making them show more
dedication to work.

15

3

salary ofdevelopers
in vietnam

16

SALARYAVERAGE SALARY LEVELFOR DEVELOPERS IN VIETNAM
Based on salary information provided by IT candidates along with data from job postings throughout themarket, we have analyzed and defined skills, Tech stack & position which receive the highest salaries inthe specific market of Vietnam. The market-average data is presented as below:$1,32912%-18%1-MONTH SALARY

The average salarythatexperienced
developers get paid

Average salary raise
after 01 working year

Tet 2020 average bonus
for developers(management positions
are not included)

17

SALARYAVERAGE SALARYFOR TECHNOLOGY PLATFORMS(FOR POSITIONS FROM 1,5 TO 3 YEARS OF EXPERIENCE)$2,000$1,647$1,500$1,449$1,134$1,192$1,027 $1,020$1,000$1,140$1,109$1,220$1,175$836$678$1,092$1,172
$956

$782

$878

$1,003
$774

$895

$856

$500
$0
Py

n

o
th

P
PH

va
Ja

et

.N

+
C+

la

a
Sc

a
Re

N
ct

ive
t
a

L

Go
S
CS

/

M
HT

t

S
va
a
J

ip
cr

t
ac
e
R

.js

s

No

.j
de

.js

s
s
w
te
o
e
l
n
F
er
or
s
b
n
Ku
Te

e
Vu

lin

t
Ko

Fl

r
te
t
u

by
u
R

d

An

oi
dr

ift

Sw

-C

j
Ob

Top highest-salary positions in the chart require important and special skills such as ML/AI, DevOps, Data Analyst, etc. while there was aconsiderable decrease in Mobile skills compared to the beginning of 2010 when there was a strong development of Mobile trend with "mobile first"
wave prevailed the market. The current trend still focuses on web systems and high-tech, deep tech components that lead to mobile“disappearance of dominance” , instead, a strong growth of languages and framework web ....

SALARY18

YEARS OF EXPERIENCE
MANAG
EMENT
ORIENT
ATION$1,355 - $2,160$338 - $520
FRESHER(Under 2 years)$525 - $1,161

EXPERIENCED(2-4 years)

FROM $2,150

MANAGEMENT LEVELDIRECTOR OR HIGHER(From 5 years)(From 10 years)$1,550 - $2,355

FROM $2,550

TECHNICALORIENT
ATION

After 1 working year, developers’ salary usually increasesignificantly.
Employers also face many difficulties when recruiting
management or higher positions due to strict demands
about compensation and other job requirements toensure their work-life balance - also Millennials new
motto.

MANAGEMENT LEVELDIRECTOR OR HIGHER(From 5 years)(From 10 years)

19

SALARYSALARY LEVELS BASED ON POSITIONSTech Manangement(CTO, CIO)
Technical Director/
Engineering Manager

DevOps Engineer$1,894

Game Developer$1,202$4,109Project Manager$1,799

Mobile Developer$1,178

Solutions Architect$3,981

Data Engineer$1,711

Product Manager$1,114

Technical Architect$3,883$1,700IT Businees Analyst$981

Principal Engineer$3,722$1,693UX/UI Designer$954$1,687

Backend Developer$901$1,662

Frontend Developer$897$1,321QA Tester$698

System Administrator$1,320Technical Support$503

Fullstack Developer$1,277IT Helpdesk$369$5,709Program/
Deliver Manager$3,004IT Manager$2,967

Machine Learning/
AI Engineer$2,209Cloud Architect$2,001

Bridge System Engineer$1,998Cybersecurity Enginner
Embedded Developer
Database Developer
Big Data Engineer

20

TET 2020 BONUS
THE MOSTPROSPECTIVE POSITIONS IN THE MARKET(HIGH DEMAND AND SALARY)$2,209$1,894$1,799THE MOST ATTRACTIVE
TET 2020 BONUS IN THE MARKET
6-month salaryMonth 14th salary (equivalent to 2-months salary)

13th Month salary + Signing bonus
Christmas bonus+ New Year bonus+ Lunar New Year bonus

13th Month bonus + Productivity bonus
Machine Learning/
AI Engineer

Data
Scientist

DevOpsEngineerAt the moment, Machine Learning / AI Engineer still top the list after 3
years lying in the most promising positions. Data Scientist and DevOps
Engineer are also the two most “hunting” positions.

Only 49.5% of developers are satisfied with this bonus, in this
49.5% figure, <10% feel absolutely satisfied, the rest found thisacceptable. More than 50% feel this is unworthy with the job andthe sector they are pursuing. Some (~ 3.5%) said their company
didn't apply any bonus policy for Tet holiday.

20

4

IT PERSONNEL
SUPPLY-DEMAND

21

IT HUMAN RESOURCE

12,550posts

2015

18,230posts

26,850posts

40,275posts

62,829
posts

+45%

+47%

+50%

+56%

2016

2017

2018

2019

2020

(*) Each post corresponds to avacancy on recruitment channels(do not specify the number ofpeople for each position)

Demand for IT personnel will continue to increase substantially in 2020. Top reasons leading to “hot” growth in IT personnel are: Vietnam has
attracted the attention of big technology companies in the world to hire and build their product development team; and Make In Vietnam wave
of innovative startups in the field of technology is getting stronger.

BASED ON GEOGRAPHY
39%
Hanoi

2%
Danang59%
HCM

Financial centers, dense
population, a high numberof large enterprises build
branches in Ho Chi Minh
City.

1%
Director

9%
Management
15%
Fresher75%
Experienced

BASED ON EXPERIENCE
With a shortage of personnel
nowadays, lots of companies
shift their policies into
recruiting freshers, give themre-training so they can gain
abundant supply later.

Other
9%

47.2%
Product

BASED ON
COMPANY’S TYPE

With “Make in Vietnam”
more and more
startups
makingprestigious products show
theirappearanceinVietnam.

43.8%
trend,
Outsourcing

22

IT HUMAN RESOURCETHE MOST POLULARPROGRAMMING JOBS?
Back-end Developer

57.5%

Full-stack Developer

47.4%

Front-end Developer

38.0%

Android Developer

20.1%

iOS Developer

18.1%

Product, UX/UI Designer

13.9%

Tester, QA/QC

11.6%

Database Administration

9.5%

System Administration

9.3%

DevOps Specialist

8.7%

Others

7.0%

THE MOST POPULAR
TECH STACK?
Javascript

69.5%

Java

44.1%

PHP

43.0%

Python39.9%

C#/.Net(*) Each answer can choose many
options to best represent the natureof the job of the respondent.

60% are Back-end developers, Full-stack Developers ranked 2nd with 47.4%. The
dominance of trends and web technologies has pushed the number of Web
Developers much higher.

33.1%

Objective-CC++(*) Each answer can choose many
options to best represent the natureof the job of the respondent.

16.5%
9.2%

Ruby

4.8%

Go

3.7%

Scala

3.6%

Swift

3.5%

Kotlin1.0%

Flutter

0.2%

At the present, although there
are innumerable technologies
that are increasingly playing
important roles in the industry,
Javascript still tops the list,
followed by Java, PHP, Python

23

IT HUMAN RESOURCETHE MOST ON-DEMAND
PROGRAMMING POSITIONS?
Fullstack Developer

71.5%

Back-end Developer

65.1%

THE MOSTEXPECTED SKILLS?
Machine Learning/AI

25.7%

Big Data / Data Science

20.5%

DevOps18.0%

Mobile Developer

54.3%

Cybersecurity

16.0%

Front-end Developer

53.0%

Mobile Development

15.6%
15.1%

Product, UX/UI Designer

31.0%

UX/UI Design

Data Engineer

29.7%

Business Intelligence

Business Analyst

29.5%

IoT/Robotics

System Engineer

25.1%

Blockchain

DevOps Engineer

22.9%

Game Development

8.6%

VR/AR

8.3%

Others

13.5%
12.1%
10.1%

5.8%

IT HUMAN RESOURCE70%

IT FRESHGRADUATES

NEED
MORE
TRAININGREASON BEHIND
VIETNAM IT PERSONNEL SHORTAGE

100,000
IT ENGINEERSMISSING IN
2020

According to the latest IT market report, Vietnam needs anadditional 400,000 IT personnel in 2020, and 500,000 for
2021.
Despite being highly evaluated, Vietnam IT personnel has
not been exploited enough both in term of QUANTITY andQUALITY for the purpose of serving domestic
technology-developping demand and achieving equality
between other nations in the region.

24

The training program’s focus does not meet businesses’ needs
Graduates have neither practical skills nor soft skills (teamwork, time
management, communication, ...)
IT personnel lack communication skills and fluency in English.
Technology changes too fast for schools to develop proper training
programs

SOLUTIONSTRAINING FROMIT SCHOOLS& INSTITUTIONS

Coordinate
withexpertsfrombusinesses for appropriate skills andknowledge training
Update curriculum regularly and give
students opportunities to participate in
events/workshops
Enhance logic-algorithm platform &English training courses

TRAINING FROM
BUSINESSES & EXPAND
THE TALENT POOL

Build on-job training in the company
Expand talent pool by giving
opportunities to fresh graduates(Freshers) combined with the
Nurturing Talents model in a bid tocreate strong bedrock for sustainable
IT personnel development forbusinesses & Vietnam.

25

SOURCE & REPORT'S FOUNDATIONPART 1PART
2,3,4(1) Press release: Results of the Population and Housing Census 2019 (December 19, 2019) by the Vietnam General Statistics Office(2) Press release: Socio-Economic situation in Quarter IV and 2019 (December 27, 2019) by the Vietnam General Statistics Office(3) The World Bank | Vietnam Data https://data.worldbank.org/country/vietnam (2018)(4) Vietnam Socio-Economic Overview 2018 (December 28, 2018) by the Vietnam General Statistics Office(5) 2019 summary and 2020 orientation report by the Ministry of Information and Communications | December 28, 2019(6) 2018 White Paper on Information and Technology of Ministry of Information and Communications(7) Ministry of Planning and Investment

75.561

IT candidates

1.342

IT employers

180.000+

analyzed job data

Vietnam has attracted the attention from regional technology companies to hire or build
their product development team in Vietnam, the wave of innovative startups in the technology sector is getting stronger and stronger, especially after huge investments in tech startups. There is also a transformation of traditional businesses (Digital Transformation - DX)such as tourism, agriculture, real estate ... who all strive to join in DX and e-commerce. This
has led to a mounting IT personnel demand on a large scale in the near future. At the recent
Vietnam ICT Summit 2019, the Minister of Information and Communications Nguyen Manh
Hung said that Vietnam needs an additional 50,000 IT enterprises (ICT) to accelerate its
digital transformation.
Information sources
From June 1, 2019 - December 14, 2019, we had conducted a survey from thousands ofcustomers, partners, candidates and employers in IT industry. Besides, TopDev's recruitment data in the past 4 years contributed substantially to this report’s objectivity and accuracy.

26
TOP IT RECRUITMENT PLATFORM IN VIETNAM– Top IT recruitment platform in Vietnam with more than 300,000 Developer Profiles– The pioneering and one-of-a-kind unit in the IT sector in Vietnam helps building and developing Recruitment Brand – Employer Brand for hundreds of local & international companies– The prestigious unit specializes in conducting surveys, analyzing and releasing quarterly/annual reports about IT market and IT human resources in Vietnam– The Organizers of the 2 largest scale technology events in Vietnam: Vietnam Mobile Day
and Vietnam Web Summit

TopDev is also owning the largest developers community in Vietnam with more than 382.400 Followers.

382.400

300.000

1.800.052

4.735.926

Social Engagement
per month

Online Reachper monthCONTACT
Nhu Truong (Ms.)
nhu.truong@applancer.net(84) 33 884 7836