Vietnam IT Workforce Retention Overview

The report offers insights into a dynamic, high-demand IT labor market in Vietnam, with active talent mobility, while still maintaining relatively strong employee loyalty compared to regional and global benchmarks.

Vietnam has seen a noticeable increase in employee turnover, particularly in the technology and service sectors, driven by rapid market expansion and intense competition for skilled talent. However, despite this mobility, the IT workforce continues to show positive retention signals.

 

Key Takeaways

 

  • Only 5% of employees expect to leave within the next two years, around 5% lower than the global average, indicating comparatively strong employee loyalty.
  • The company’s financial stability, competitive salary, and attractive benefits are the primary drivers of employee retention.
  • Voluntary staff turnover varies significantly depending on company maturity, size, and organizational culture.
  • The main reasons for job changes include uncompetitive or below-expectation salaries and shifts in career direction.
  • The voluntary turnover rate in IT remains low, with Vietnam recording lower attrition compared to other Southeast Asian countries.

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