The General Statistics Office (GSO) reported that Vietnam's GDP grew 7.4% year-on-year in the third quarter of 2024, despite the damage caused by Typhoon Yagi.

The service sector was the main driver of Vietnam's GDP growth in the last quarter, contributing 3.24 percentage points, followed by the industry and construction sector with 3.37 percentage points.

Nguyen Thi Huong, General Director of the General Statistics Office, stated that the concerted efforts of the people, the State, and the Government have enabled the economy to maintain steady growth, despite significant agricultural losses in the North caused by Typhoon Yagi.

Read the full article at: https://vietnamnews.vn/economy/1664388/gdp-growth-rate-hit-7-4-per-cent-in-q3.html

For those seeking to elevate their careers, our featured job openings present compelling opportunities for your professional development.

Should there be any questions regarding the below opportunities in Healthcare, FMCG and Manufacturing, please contact us for more information.

Some of the main sectors such as e-commerce, logistics and warehousing, even entry-level positions such as drivers and warehouse workers struggle to fill due to a lack of skilled workers.

Việc Làm Tốt's data reveals that while there's a 30% surge in recruitment demand this year, industries such as e-commerce and logistics are grappling with a significant shortage of skilled workers, even for basic roles like drivers and warehouse staff.

The labor market imbalance is creating challenges for both employers and employees. Businesses are struggling with staffing shortages, while workers find it difficult to secure suitable jobs. The root cause lies in the slow adaptation of training programs to meet evolving market demands. To address this, a comprehensive approach is needed, involving reforming training programs, enhancing vocational education, and fostering greater business involvement in training.

Talent acquisition is becoming increasingly challenging for businesses. The intense competition for top talent, coupled with evolving workforce expectations, has created new hurdles for recruiters. Beyond salary and benefits, companies must cultivate a strong employer brand and foster an engaging, flexible work environment to attract and retain top talent.

Read the full article at: https://vietnamnews.vn/society/1664024/recruitment-demand-in-emerging-sectors-surges.html

Ace Your Next Job Interview!

Here are 3 quick tips to help you stand out:

1. Before the Interview: Research the company and role. Practice answering common questions.
2. During the Interview: Be confident, highlight your strengths, and show how you can add value.
3. After the Interview: Send a thank-you note and reflect on your performance.

Pro Tip: Prepare for these questions:

1. Tell me your story.
2. Why do you want to work here?
3. What sets you apart?

Remember: Preparing for common interview questions is crucial, but delving into the company's culture, values, and recent developments is just as important. It shows genuine interest and helps you tailor your responses to align with the company's expectations.

Source: https://www.linkedin.com/in/will-mctighe/

To our valued clients and candidates,

As the full moon lights up the sky, Dconnect wishes you and your family a happy Mid–Autumn Festival. May this festive occasion bring you peace, happiness, and good fortune.

We are grateful for your continued trust and support and we eagerly anticipate the opportunity to collaborate with you in the future.

Warm regards,

Dconnect

Cheers to Khang on his first placement after just 1.5 months with Dconnect!

Khang has always demonstrated the highest level of enthusiasm since the first day. His courage to step outside his comfort zone and take on the challenge with us was truly inspiring.

This placement is just the beginning of the journey and there will be for sure many more to come.

Vietnam’s economic growth is projected to reach an impressive 6.1% in 2024, driven by a robust recovery in manufactured exports, tourism, consumption, and business investment, according to the World Bank’s new report on August 26th.

During the first half of the year, Vietnam's economy benefited from a rebound in export demand. To sustain growth, the World Bank recommends structural reforms, increased public investment, and managing financial risks. Developing capital markets is vital for Vietnam’s goal of becoming a high - income nation by 2045. The report highlights challenges like an underdeveloped investor base and suggests stronger policies to reclassify Vietnam as an Emerging Market and attract foreign investment.

Find the full article at: https://e.vnexpress.net/news/business/economy/vietnam-s-economy-projected-to-grow-6-1-this-year-4786028.html

The World Health Organization (WHO) has declared the ongoing mpox outbreak in Africa a global health emergency. This decision comes after concerns that a deadlier strain of the virus, clade Ib, has reached four previously unaffected countries in Africa. Mpox, caused by an Orthopoxvirus, was first detected in humans in 1970 in the Democratic Republic of the Congo (DRC) and is considered endemic to countries in central and west Africa.

This is the second time in 2 years that mpox has been declared a public health emergency of international concern by the WHO. The previous outbreak in 2020 was caused by a different strain, clade II, which is still present in some regions.

No cases of clade I mpox have been identified in the United States, the US Centers for Disease Control and Prevention says, but it is monitoring the situation, and the US government has offered funding, assistance and vaccines to WHO and the DRC to support efforts in Africa.

Find the full article at: https://edition.cnn.com/2024/08/14/health/mpox-who-public-health-emergency/index.html

Exciting news for the Vietnam Manufacturing sector!

The VSIP Can Tho Industrial Park, the 13th Vietnam - Singapore Industrial Park project, began construction in September 2023. Covering a planned area of 900 hectares, the park is being developed with an emphasis on smart and sustainable practices. The initial phase, spanning 293.7 hectares, is primarily dedicated to the food processing and distribution industry. The project is expected to be completed within 36 months, after which it will serve as a significant industrial hub in the Southern region.

Upon completion, the Industrial Park is expected to create 100,000 jobs and attract investments totaling 3.5 billion USD. To date, 19 enterprises from countries including the US, Japan, Korea, China, Singapore, etc. have signed memoranda of understanding to invest in the park, securing approximately 100 hectares of land with a collective investment of around 200 million USD.

Find the full article at: https://cafef.vn/viet-nam-sap-co-khu-cong-nghiep-thu-hut-35-ty-usd-tao-viec-lam-cho-100000-nguoi-18824081421055215.chn

Introducing Tam Nhu Nguyen who joined Dconnect recently as Marketing & Admin intern.

Soon to be graduating from Ho Chi Minh University of Social Sciences and Humanities with major in International Relations, Nhu will be playing a crucial role in helping us enhance our marketing efforts, streamlining our operations and ensure that our clients receive the best possible experience.

For more information, please visit here.