Human Resource Needs in the International Business Sector in Vietnam and Worldwide
The demand for human resources in the international business sector in Vietnam and worldwide is growing rapidly amid global integration. With the swift development of international markets, businesses increasingly need experts who can work in multicultural environments and possess extensive knowledge of international laws, markets, and business strategies. In Vietnam, this trend not only creates many attractive job opportunities but also enables the domestic workforce to align with global business standards. To meet the industry’s stringent requirements, workers need to equip themselves with strong professional skills, foreign language proficiency, and practical experience. Let’s explore this topic further in the article below!
1. What is International Business?
International Business is a field of study and work related to cross-border business activities between nations. It involves the buying, selling, exchange of goods, services, technology, capital, and information among different countries and regions. This field not only focuses on commercial activities but also includes aspects of management, strategy, finance, marketing, and legal matters related to international business operations.
2. Demand for Human Resources in the International Business Sector in Vietnam
The demand for human resources in the international business sector in Vietnam is continuously increasing amidst the global economic integration. Companies in Vietnam are seeking international business professionals who can adapt to multinational markets, understand international laws, and possess global strategic management skills. This rise not only creates many attractive job opportunities but also encourages workers to enhance their qualifications, language skills, and practical experience. To succeed in this sector, workers need to be well-prepared with specialized knowledge and the ability to work effectively in an international environment.
Positions in the International Business Sector in Vietnam:
– Export-Import Specialist:
Salary: 10 – 20 million VND/month.
Experienced specialists may earn higher salaries, especially if working for large companies or possessing exceptional foreign language skills.
– International Logistics Specialist:
Salary: 12 – 25 million VND/month.
Individuals with experience in managing international supply chains or working for large logistics companies often receive higher compensation.
– International Trade Manager:
Salary: 25 – 50 million VND/month.
Management positions require extensive experience and leadership skills, leading to higher salaries, particularly in large enterprises.
– International Market Development Specialist:
Salary: 15 – 35 million VND/month.
Salaries may vary depending on market analysis skills and international work experience.
– International Finance Specialist:
Salary: 20 – 40 million VND/month.
International finance specialists with professional certifications (e.g., CFA) may earn higher salaries.
– International Sales Representative:
Salary: 12 – 30 million VND/month.
Salaries often include sales commissions, so they can vary based on achieved sales targets.
– Supply Chain Manager:
Salary: 25 – 45 million VND/month.
This position requires management skills and experience, especially in companies with global operations, which is reflected in the salary.
3. Global Demand for Human Resources in the International Business Sector
The demand for human resources in the international business sector is growing significantly amid increasing globalization. International companies are continuously seeking professionals with expertise in global markets, multinational management skills, and a strong understanding of international laws.
Positions in the International Business Sector Worldwide:
– International Trade Specialist:
Salary: $50,000 – $80,000/year.
Higher salaries are available for those with extensive experience or working in large companies in developed markets.
– Export-Import Manager:
Salary: $60,000 – $100,000/year.
This position offers attractive compensation, especially in companies with substantial import-export operations.
– International Logistics Specialist:
Salary: $50,000 – $85,000/year.
Salaries can be higher for specialists working in regions such as North America or Europe.
– International Business Development Director:
Salary: $100,000 – $200,000/year.
This is one of the highest-paying positions in the field, particularly in large multinational corporations.
– International Finance Analyst:
Salary: $60,000 – $120,000/year.
Salaries may vary depending on experience and professional certifications such as CFA.
– International Sales Representative:
Salary: $50,000 – $100,000/year, plus sales commissions.
Sales commissions can be significant, increasing overall earnings.
– International Market Research Analyst:
Salary: $55,000 – $90,000/year.
Salaries can increase for analysts with experience in complex or emerging markets.
– International Client Relations Manager:
Salary: $70,000 – $120,000/year.
Salaries are generally higher in global financial or technology service companies.
– Global Supply Chain Manager:
Salary: $80,000 – $140,000/year.
Professionals in industries like technology or automotive may receive higher salaries.
– International Legal Consultant:
Salary: $80,000 – $150,000/year.
Salaries can vary significantly based on jurisdiction and professional experience, with consultants at large international law firms often earning more.
4. Studying International Business at Hoa Sen – De Montfort
4.1. Duration of Study
The duration of study is 3 years (excluding the 1-year foundational courses), with two semesters each year. The training is conducted in English.
– The International Business program opens up global career opportunities for students.
– Students gain knowledge about the operations of multinational companies, insights into key aspects of emerging markets, and practical knowledge in business geography, socio-economics, and industry-specific practices.
– Additionally, soft skills are developed through courses taught by guest lecturers from businesses, field trips, and practical case studies.
– The program equips students with knowledge that meets the hiring needs of businesses. Graduates of this program are currently holding key roles in major companies such as Rolls-Royce, IBM, Walt Disney, the NHS, and Siemens.
– The program is designed according to DMU’s 2030 Education Strategy, which simplifies the ‘module-based learning’ timetable. This means that students will focus on one subject at a time, allowing them more time to engage with their studies, receive quicker feedback from instructors, and enjoy a better balance between life and learning.
4.2. Training program
| Year 0 | Year 1 | Year 2 | Year 3 |
| IYZ | International Business | International Business | International Business |
| English for Academic Purposes 1 | Global Business Environment | Multinational Enterprise in the Global Economy | International Business Strategy and Governance |
| English for Academic Purposes 2 | Business Dynamics, Ethics and Culture | Data Analytics and Research Skills | Choose one of the two subjects: (Emerging Markets and the Size of Digital Transformation) |
| Academic and Study Skills | Economics in Global Business | International Organisational Behaviour and Leadership | Emerging Markets: Economic Geography and Trends |
| Maths Study Skills: Quantitative Methods | Marketing for International Business | Choose one of two subjects: | Dimensions of Digital Transformation |
| The Context of Business | International Supply Chain Management | International Trade Management | |
| International Financial Management and Decision Making | Choose one of two subjects: | ||
| Dissertation | |||
| Business Project |
5. Summary
The demand for human resources in the international business sector in Vietnam and worldwide is continuously increasing amid globalization and economic integration. With the growth of international trade, businesses are seeking experts who can work in multicultural environments, possess extensive knowledge of global markets, and have strong international negotiation skills.
If you are interested in international business, follow our page to stay updated with valuable information about the Hoa Sen – De Montfort International Partnership Program! To receive more details about the program, please register here.
See more:
- What is an International Joint Bachelor’s Degree? What are the Advantages of International Joint Programs?
- What is Studying Abroad Locally? Opportunities for Studying Abroad Locally with the Hoa Sen – De Montfort Program.
- Overview of International University Tuition Fees for Over 30 Institutions in Vietnam.
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CONSULTATION CONTACT: Hoa Sen – De Montfort Program (Institute of International Education)
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