Vietnam IT human resources report shows a shortage of 200,000 specialized employees
According to the latest report on the IT market by Topdev, the shortage of IT personnel is still a difficult problem for the recruitment market. Although the salary and benefits of this industry are still on the rise and are somewhat higher than the general level, it is forecasted that from 2023 to 2025, Vietnam will still have a shortage of 150,000 - 200,000 programmers and engineers each year. According to the survey, the majority of employers said that they almost always need Back-end programmers, Full-stack programmers and Front-end programmers. By 2025, Vietnam will still need 700,000 human resources in the IT industry. Meanwhile, the current number of programmers in Vietnam is only about 530,000 people.
In fact, the number of information technology majors in universities is expanding more and more, as well as the number of bachelors graduating in this major is still increasing every year, why is there still this difference? According to the report, this shortage is mainly due to the fact that the level of programmers and the requirements of businesses are not really balanced with each other. Of the more than 57,000 information technology students graduating each year, only about 30% of the workforce meets the actual skills and expertise required by businesses, the remaining 70% need to be arranged for additional training at the business for 3-6 months to achieve the corresponding work efficiency.
Meanwhile, the information and communication technology (ICT) sector is one of the fastest growing sectors in Vietnam. Vietnam's ICT sector revenue has grown continuously over the past 5 years. Salaries and incomes in the IT sector are also higher than many other industries. Specifically, the position of an intern in the software IT sector has a salary of 3 - 5 million VND/month. With 1 - 3 years of experience, IT software personnel are paid 15 - 30 million VND/month, and with over 5 years of experience, it is 30 - 50 million VND/month.
In the management position, the salary of a CTO is also very high, ranging from 60 to 142 million VND/month. This level is much higher than that of a HR Director (49.5 to 90 million VND), a business director (60.5 to 120 million VND) and a finance director (50.5 to 105 million VND).
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