Labor Market in late 2025:
Opportunities & Challenges in Talent Acquisition

29/09/2025

The last months of the year are always the busiest time for the labor market, as hiring demand surges to meet production, business plans, and holiday needs. Year-end 2025 is no exception, with many industries facing a “talent crunch”, especially in trade, services, tourism, manufacturing, and construction. In this context, businesses face the challenge of finding high-quality talent, particularly for management and strategic leadership roles. This is when Headhunter services and Staffing services become optimal solutions, helping companies stabilize their workforce quickly and boost competitiveness. Talent Acquisition.

Labor Market in late 2025: Opportunities & Challenges in Talent Acquisition

1. Hiring demand surges across multiple industries

According to the Hanoi Employment Services Center, in August 2025, the city’s hiring demand is estimated to exceed 50,000 job openings, reflecting recovery and business expansion in the year-end period. Talent Acquisition.

Key sectors leading the demand:

  • Trade – Services – Tourism:
    Continues to lead with 55.1% of total hiring demand, driven by a surge in shopping and consumer activities during the holiday season.
  • Manufacturing – Processing:
    Increased 5.52% MoM, driven by export orders and the recovery of global supply chains.
  • Construction:
    While slightly declining, there’s a strong demand for engineers, project managers, and skilled workers fueled by major public infrastructure projects. Talent Acquisition.

Notably, the demand for highly skilled professionals is growing significantly, accounting for 20.13% of total hiring demand, showing that companies are focusing not only on general labor but also on strategic talent who can make an immediate business impact.

2. Shifts in workforce structure

By year-end, companies tend to streamline senior management teams while increasing recruitment of mid-level specialists and experts, as reflected in salary structures and hiring trends: Talent Acquisition.

  • Salary range of 10 – 20 million VND/month (USD 400 – 800):
    Accounts for 37.41%, covering roles such as production engineers, sales managers, and marketing team leaders—positions requiring deep expertise and managerial experience.
  • Salary range of 5 – 10 million VND/month (USD 200 – 400):
    Still the largest group at 57.08%, mainly for entry-level and general labor positions.

The 25–34-year-old workforce remains the core talent pool, making up nearly 47% of job seekers. However, they face increasingly stringent skill and experience requirements, especially in digital technology applications in daily work.

3. Key challenges for businesses at year-end Talent Acquisition.

As companies race to meet KPIs and prepare workforce strategies for the new year, they face several common difficulties:

a. Difficulty in hiring senior executives

Top-level roles such as CEOs, CFOs, Production Directors, and HR Heads are rarely available on the job market.
Traditional recruitment processes can take 3–6 months, which can disrupt business operations. Talent Acquisition.

Solution:
NIC Global offers Executive Search (Headhunt) Services, with:

  • A multi-industry candidate database.
  • Expertise in hiring C-level and strategic roles.
  • Reduced hiring timelines from months to just 2–4 weeks.

b. Seasonal workforce fluctuations

Industries like retail, services, and manufacturing often need a sudden surge of workers during the Tet holiday season but don’t require them long-term, leading to resource waste if hiring permanent employees.

Solution:
NIC Global’s Labor Outsourcing Services provide flexibility by: Talent Acquisition.

  • Recruiting, training, and managing staff on behalf of the client.
  • Ensuring full compliance with labor and social insurance laws.
  • Helping businesses save 20–30% in HR management costs.

c. Managing HR costs effectively

Year-end budgets must cover bonuses, salaries, and employee benefits, making HR cost management a top priority.

Supplementary Solution:
By combining headhunt and HR outsourcing services, NIC Global helps businesses: Talent Acquisition.

  • Optimize hiring costs.
  • Reduce legal risks.
  • Focus on core business strategies instead of HR administrative burdens. Talent Acquisition.

chi phí tuyển dụng

4. Year-end 2025 hiring trends

Based on market data and NIC Global’s forecasts, the industries with the highest talent demand in Q4 2025 include:

IndustryHigh-demand positions
Trade – Services – RetailStore chain managers, Sales team leaders, Digital marketing experts
Tourism – Hospitality – F&BHotel managers, Tour operators, Head chefs
Manufacturing – ProcessingProduction engineers, Workshop supervisors, QA/QC specialists
Construction – Real EstateChief engineers, Project managers, Site supervisors
Healthcare – Medical ServicesDoctors, Nurses, Clinic managers

This highlights the urgent need for businesses to prepare talent pipelines and accelerate recruitment strategies before entering 2026.

5. NIC Global – Your strategic HR partner Talent Acquisition.

With 20+ years of HR expertise, NIC Global has partnered with thousands of Vietnamese and FDI companies, especially in manufacturing, retail, IT, logistics, and services. Talent Acquisition.

nic global

Our core services:

  • Executive Search & Recruitment (Headhunt):
    Rapid hiring of strategic positions like CEO, CFO, Production Director, HR Director, etc.
  • Labor Outsourcing:
    Meeting short-term, seasonal, or project-based workforce needs with full legal compliance.
  • HR Outsourcing:
    Including payroll management, HR administration, and strategic consulting.

Key benefits of working with NIC Global:

  • 50–70% faster hiring timelines.
  • Access to a diverse, high-quality candidate database.
  • Deep market knowledge from a team of seasoned experts.
  • Reduced legal risks and HR management costs.

Conclusion

As 2025 comes to a close, Vietnam’s labor market is booming, particularly in trade, services, manufacturing, and tourism.

However, finding the right talent at the right time remains a complex challenge for many companies.
To overcome this, leveraging executive search, headhunter services, and staffing services from NIC Global provides a comprehensive HR solution, helping businesses:

  • Meet urgent workforce demands.
  • Optimize operational costs.
  • Gain a competitive edge during the year-end peak season.

📩 Contact NIC Global today to receive tailored HR solutions and drive sustainable growth for your business.

For contact and support:

Facebook: NIC Global – Human Resource Solutions
LinkedIn: NIC Global Sourcing JSC
Website: www.nicvn.com
Email: info@nicvn.com
Hotline: (+84) 981.23.43.76
Address:

  • Hanoi Office: No. 3A Thi Sach, Hai Ba Trung Ward, Hanoi, Vietnam
  • Ho Chi Minh City Office: Dakao Center Building, 35 Mac Dinh Chi, Sai Gon Ward, Ho Chi Minh City, Vietnam

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