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DatabankOctober 12 2021

Pandemic pauses financial services jobs boom in Vietnam

Riding on wings of strong economic growth, 6750 financial services and fintech jobs were created in Vietnam in 2018. However, momentum slowed in the past two years and has not yet recovered.
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More financial services jobs were created in Vietnam that anywhere else in south-east Asia over the past decade, with spikes in job creation in 2015 and 2018, as firms from South Korea, Japan and Europe invested in the county to tap its fast-growing middle class and growing economy. The country’s gross domestic product expanded by around 7% in 2018 and in 2019, according to World Bank data.

In 2018, 6750 financial services and fintech jobs were created from 45 projects with a total capital expenditure of $1.6bn, according to FT-owned greenfield data monitor fDi Markets

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