In terms of human resources, although the country has an abundance of young labors, youth unemployment remained high as the gap between academic training and real world business required skills widened. Talent shortages, especially among senior level jobs, continued to be a challenge for businesses as companies tried to engage and retain their existing talent base. While compensation plays a key role in employee retention, firms are exploring different ways to keep their key talent engaged without getting caught in a pay-inflation spiral.

Let take a ride at Vietnam salary Guide 2017 for a better understanding of the labour market.