Why Vietnam requires a different search approach
Searches in Vietnam are managed from KiTalent's Almaty hub, with support from our other hubs when the candidate pool crosses markets. Vietnam's executive talent market does not behave like its regional peers in Thailand or Indonesia. GDP growth near 8% in 2025 and sustained FDI inflows from Samsung, Foxconn and Intel have created demand for senior leaders that far outstrips domestic supply. The result is a market where the most capable executives are already employed, rarely visible on job platforms, and increasingly fielding multiple offers. Reaching the hidden 80% of passive talent requires structured direct outreach rather than advertisement.
Vietnam's largest employers in electronics and industrial manufacturing tend to develop leaders internally. Samsung's cumulative $20-plus billion investment across Bac Ninh and Thai Nguyen has created a closed ecosystem where plant directors, supply chain heads and engineering leaders rarely surface on the open market. The same applies to Foxconn's expanding operations in northern provinces. Hiring into these networks demands sector-native knowledge and personal access to decision-makers.
Ho Chi Minh City dominates services, finance and corporate headquarters activity. Hanoi and its northern satellite provinces anchor electronics assembly, semiconductor test operations and heavy manufacturing. Executive expectations, compensation norms and career trajectories differ markedly between these poles. A Chief Digital Officer search in Ho Chi Minh City follows a different logic from a VP Manufacturing Operations mandate in Hai Phong. Treating Vietnam as a single talent pool produces poor shortlists.
Many multinational operations in Vietnam still depend on expatriate general managers and technical directors. As the labour market matures, companies face mounting pressure to localise senior roles. This transition is neither simple nor fast. It requires precise mapping of the small pool of Vietnamese executives with multinational operating experience and the credibility to lead cross-cultural teams.
KiTalent operates Vietnam mandates through its Asia Pacific hub in Almaty, combining regional intelligence with on-the-ground sourcing across both economic corridors. Our Go-To Partner approach means we maintain continuous visibility into Vietnam's leadership market, not only when a mandate arrives.