RoK SMEs prioritise hiring Vietnamese, Indian software developers

July 04, 2023 | 15:59

(0) user say

More than 50 per cent of small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) want to hire software developers from overseas, especially those from Vietnam and India, amid a talent shortage.

RoK SMEs prioritise hiring Vietnamese, Indian software developers | World | Vietnam+ (VietnamPlus)

RoK SMEs prioritise hiring Vietnamese, Indian software developers, Illustrative image (Photo: CMC Global)

Seoul - More than 50 per cent of small- and medium-sized enterprises (SMEs) of the Republic of Korea (RoK) want to hire software developers from overseas, especially those from Vietnam and India, amid a talent shortage.

According to the RoK Ministry of SMEs and Startups, 54.5 per cent of the 187 companies surveyed from June 13 to 23 said they are willing to hire foreign software developers in the future.

India, Vietnam and China were the preferred nationalities among Korean SMEs for offshore engineers, at 36.4 per cent, 31 per cent, and 11.8 per cent, respectively, who are paid at a lower rate than their RoK peers.

The survey also showed 27.3 per cent of the respondents had already hired foreign engineers.

As many as 75.4 per cent of the companies surveyed said they found it challenging to hire and retain local professional software engineers.

Vietnam, RoK exchange 17 cooperation documents

President Vo Van Thuong and his visiting counterpart from the Republic of Korea (RoK) Yoon Suk Yeol witnessed the exchange of 17 cooperation documents across fields between agencies of the two countries after their talks in Hanoi on June 23.

Vietnamese, RoK leaders attend Vietnam-RoK business forum

Prime Minister Pham Minh Chinh and President of the Republic of Korea (RoK) Yoon Suk Yeol attended the Vietnam-RoK Business Forum in Hanoi on June 23, with over 500 delegates representing associations, corporations and businesses of the two countries taking part.

Leader visit heralds fresh Korean ties

Vietnam and South Korea have broadened their comprehensive strategic partnership by setting out a new landscape on economic ties, including an expansion of trade and investment.

By VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional