Characteristics of the human resources market in Hanoi
Hanoi concentrates many FDI enterprises in the fields of technology, finance, and multinational corporations have regional offices. Compared to Ho Chi Minh City, salaries in some industries in Hanoi may be slightly lower, but competition for senior personnel is still very fierce.
Steps to hire staff in Hanoi
- Determine clearly whether you already have a legal entity in Vietnam or need to use EOR.
- Survey reference salaries for specific positions in the Hanoi area.
- Post a job or work with a recruitment agency/EOR that has a network of candidates in the North.
- Sign a labor contract, register for social insurance - health insurance - unemployment insurance at the Hanoi area social insurance agency.
Factory area, industrial park neighboring Hanoi
Manufacturing enterprises often locate factories in neighboring industrial zones such as Bac Ninh, Bac Giang, Hung Yen, and Ha Nam — if they need production labor, they should work with suppliers with networks in these provinces instead of just looking within Hanoi.
Note for foreign businesses new to Hanoi
Many foreign businesses set up regional offices in Hanoi before expanding production in neighboring provinces — the EOR model helps hire personnel in Hanoi quickly during this period without needing to establish a full legal entity.
Is the salary in Hanoi lower than Ho Chi Minh? In some occupations, there is, but the difference is not large and is gradually narrowing, especially for high-level technology and finance personnel.
Is hiring staff in Hanoi through EOR any different than in Ho Chi Minh? The process and legality are completely the same nationwide; The main difference is in the candidate source and reference salary by region.