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Reeracoen Vietnam Report Reveals Surge in Local Hiring Amid Growing Investor Confidence in 2025

  • 62% of Vietnamese companies plan to expand hiring in 2025, focusing primarily on local talent 
  • 57.3% of businesses are leveraging recruitment agencies to close skill gaps 
  • Reeracoen Vietnam provides tailored recruitment solutions for both local and international businesses 

HO CHI MINH CITY and HANOI, Vietnam, April 1, 2025 /PRNewswire/ — Reeracoen Vietnam, a leading recruitment agency, has reported a significant surge in local hiring as Vietnamese companies intensify their focus on domestic talent acquisition in 2025. According to the newly released Vietnamese Company Hiring Trends 2025 report, nearly 62% of businesses plan to expand their workforce through local recruitment, highlighting Vietnam’s strengthening labor market and the rising confidence of global investors. 

Despite a modest 3% decline in registered foreign direct investment (FDI) in 2024, Vietnam achieved record-breaking disbursements, up 9.4% year-over-year, demonstrating strong confidence from international enterprises. Major players, including Google, Siemens, Qualcomm, and Ericsson, have reaffirmed their commitment to Vietnam following high-level government engagements. These trends reinforce Vietnam’s growing status as a “thị trường béo bở” (promising market) for foreign investment and sustainable growth. 

As companies seek to scale, many are turning to recruitment agencies to efficiently fill talent gaps. Reeracoen’s report indicates that 57.3% of companies are leveraging these services to secure skilled professionals faster. Furthermore, to attract and retain top talent, 37.2% of businesses plan salary increases of 5–6% with many also enhancing Tet bonuses beyond the traditional one-month standard. 

Mr Kosuke Soejima, General Director at Reeracoen Vietnam
Mr Kosuke Soejima, General Director at Reeracoen Vietnam

“The robust surge in local hiring and the strategic use of recruitment agencies underscore Vietnam’s emerging strength as a dynamic labour market,” said Mr Kosuke Soejima, General Director of Reeracoen. “Our report shows that companies are not only securing essential talent but also investing in competitive compensation to drive growth in 2025. This proactive approach is vital for sustaining operational success and reinforcing confidence in our domestic workforce.” 

Alongside local hiring, Reeracoen’s report outlines essential considerations for international businesses entering Vietnam. These include compliance with local laws, respect for Vietnam’s territorial integrity (especially in official maps), culturally attuned labor practices, transparent tax and contract management, and strong corporate social responsibility. 

Mr Masato Sekine, Country Manager at Reeracoen Vietnam
Mr Masato Sekine, Country Manager at Reeracoen Vietnam

Vietnam is rapidly evolving into a magnet for both local innovation and global investments,” added Mr Masato Sekine, Country Manager of Reeracoen Vietnam. “With record FDI disbursements and our comprehensive hiring strategies, businesses can effectively navigate the complexities of local regulations and cultural nuances. This integrated approach not only propels company growth but also enriches the overall talent ecosystem.” 

Reeracoen Vietnam plays a pivotal role in this transformation by offering tailored recruitment solutions that align with both local market dynamics and international business expectations. The report further reveals that: 

  • 84.9% of businesses focusing exclusively on domestic recruitment 
  • 70.6% of businesses successfully hiring local employees 
  • 76.6% of companies cited profitability as the main driver behind salary increases 

These trends highlight Vietnam’s emergence as a sustainable growth engine, offering companies a balance of skilled labor, economic resilience, and increasing international credibility. 

To download the full report or explore Reeracoen’s recruitment services, visit: 

About Reeracoen 

Reeracoen is an award-winning leader in Asia’s recruitment landscape, celebrated for connecting top-tier talent with forward-thinking organisations. With a strong presence across the region, we leverage our expansive networks and deep industry expertise to deliver innovative recruitment solutions tailored to the evolving needs of our partners. 

Operating across 9 offices in 6 major Asian countries, Reeracoen upholds the highest standards of professionalism and service excellence. Our accolades and proven track record underscore our commitment to providing exceptional service quality and cross-border talent solutions, making us the preferred recruitment partner for businesses looking to thrive in the dynamic Asian market. For more information, visit https://www.reeracoen.com.vn/ and follow us on social media for the latest updates and insights. 

 

Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus: Vietnam’s Leading and Well-Recognized Beauty Trade Event Returns to Ho Chi Minh City

HO CHI MINH CITY, Vietnam, April 1, 2025 /PRNewswire/ — The premier international beauty trade show, Vietbeauty & Cosmobeauté Vietnam 2025, and Beautycare Plus are set to take place at the Saigon Exhibition and Convention Center (SECC), 799 Nguyen Van Linh, Tan Phu Ward, District 7. This highly anticipated expo will bring together over 3,000 leading global brands from 700 exhibitors, and an expected 12,500 visitors across 17,600 sqm exhibition space. The exhibition unites beauty professionals and industry experts in one place, at the same time, to discover the latest innovations and trends shaping the beauty sector.

Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus
Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus

The exhibition spans four key categories: Cosmetic & Perfumery, showcasing skincare, makeup, body care, fragrances; Aesthetic & Cosmetology, featuring medical aesthetics, spa and salon innovations; Supply Chain, covering raw materials, production machinery, and packaging; and Nail & Hair, highlighting hair care, styling tools, and nail artistry. The event also emphasizes natural cosmetics, eco-friendly solutions, beauty supplements, and health supplements that reflect the industry’s sustainability and well-being focus.

Vietbeauty & Cosmobeauté Vietnam 2025 will offer a dedicated buyer program that facilitates one-on-one business meetings between exhibitors and potential partners. These structured networking opportunities will help brands connect with key distributors, retailers, and investors, fostering successful contract negotiations. Alongside this, a series of expert-led conferences will provide valuable insights into market trends, business strategies, and professional development to strengthen the knowledge base of the beauty industry community.

Additionally, Beautycare Plus will be a co-located event with the exhibition, serving as a dedicated zone for the beauty supply chain sector. This specialized collaboration will help the visitors to source for businesses in raw beauty ingredients, packaging, and OEM/ODM manufacturing.

Vietbeauty & Cosmobeauté Vietnam 2025 is the ultimate gateway for brands seeking to expand their presence in the booming Vietnamese and Southeast Asian beauty market. Don’t miss your chance to be part of this dynamic event that is shaping the future of beauty in Vietnam and beyond.

For more information, please visit https://www.vietbeautyshow.com or https://www.cosmobeauteasia.com/vietnam.

To register as visitor, please sign up: https://vbcbv.imasia-passport.com/vi/user/register

Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus: Vietnam’s Leading and Well-Recognized Beauty Trade Event Returns to Ho Chi Minh City

HO CHI MINH CITY, Vietnam, April 1, 2025 /PRNewswire/ — July 24 – 26, 2025 – The premier international beauty trade show, Vietbeauty & Cosmobeauté Vietnam 2025, and Beautycare Plus are set to take place at the Saigon Exhibition and Convention Center (SECC), 799 Nguyen Van Linh, Tan Phu Ward, District 7. This highly anticipated expo will bring together over 3,000 leading global brands from 700 exhibitors, and an expected 12,500 visitors across 17,600 sqm exhibition space. The exhibition unites beauty professionals and industry experts in one place, at the same time, to discover the latest innovations and trends shaping the beauty sector. Organized by Informa Markets Vietnam (SES Vietnam Exhibition Services Company Limited), this highly anticipated expo will bring together over 3,000 leading global brands from 700 exhibitors, and an expected 12,500 visitors across 17,600 sqm exhibition space.

Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus
Vietbeauty & Cosmobeauté Vietnam 2025 co-locate with Beautycare Plus

The exhibition spans four key categories: Cosmetic & Perfumery, showcasing skincare, makeup, body care, fragrances; Aesthetic & Cosmetology, featuring medical aesthetics, spa and salon innovations; Supply Chain, covering raw materials, production machinery, and packaging; and Nail & Hair, highlighting hair care, styling tools, and nail artistry. The event also emphasizes natural cosmetics, eco-friendly solutions, beauty supplements, and health supplements that reflect the industry’s sustainability and well-being focus.

Vietbeauty & Cosmobeauté Vietnam 2025 will offer a dedicated buyer program that facilitates one-on-one business meetings between exhibitors and potential partners. These structured networking opportunities will help brands connect with key distributors, retailers, and investors, fostering successful contract negotiations. Alongside this, a series of expert-led conferences will provide valuable insights into market trends, business strategies, and professional development to strengthen the knowledge base of the beauty industry community.

Additionally, Beautycare Plus will be a co-located event with the exhibition, serving as a dedicated zone for the beauty supply chain sector. This specialized collaboration will help the visitors to source for businesses in raw beauty ingredients, packaging, and OEM/ODM manufacturing.

Vietbeauty & Cosmobeauté Vietnam 2025 is the ultimate gateway for brands seeking to expand their presence in the booming Vietnamese and Southeast Asian beauty market. Don’t miss your chance to be part of this dynamic event that is shaping the future of beauty in Vietnam and beyond.

For more information, please visit https://www.vietbeautyshow.com or https://www.cosmobeauteasia.com/vietnam.

To register as visitor, please sign up: https://vbcbv.imasia-passport.com/vi/user/register 

Blokees Officially Announces the Launch of the second season of 3rd BFC Creation Competition: Breaking the Cocoon Season

SHANGHAI, April 1, 2025 /PRNewswire/ — On April 1st, the second season of the third  BFC (Blokees Figures Creator) Creation Competition, themed “Breaking the Cocoon Season,” was officially launched. This year’s competition continues to adopt a dual-track model comprising the “Modification Zone” and the “Photography Zone.” Winners will be selected for Champion, Runner-up, Third Place, and Top 3 in the Popularity Award categories, totaling 12 winning entries.


A new addition for this season is the introduction of the “Season Pass,” which offers exclusive prizes including a “Seasonal Badge,” a “Seasonal Platform,” and a limited edition figure (600 pieces). These rewards are designed to ignite creators’ enthusiasm and foster their creativity.

Participants have the opportunity to earn exclusive prizes by completing tasks outlined in the “Season Pass” during the competition. Additionally, following the submission deadline, a 20-day popularity voting period will enable the top 150 entries to also receive these exclusive rewards.

Furthermore, the BFC Creation Competition has been officially launched on the Blokees group website. It features sections such as “Hall of Fame” and “Season Pass,” showcasing award-winning entries from previous competitions while providing participants with opportunities to complete tasks for seasonal rewards. Players can register through either the official website or via the BFC Figure CLUB WeChat mini-program.

Ye Shanshan, Vice President of Blokees Brand Marketing, announced that by 2025, the BFC event system will evolve into a more comprehensive framework featuring three core components: the online creation competition, the offline Speed Build competition, and a global exhibition of works. This enhanced structure aims to provide a more complete platform for participants worldwide to create and share their talents, enabling every individual to discover their own stage.

In 2025, the third iteration of the BFC Creation Competition encompasses four seasons: “Launch Season,” “Breaking the Cocoon Season,” “Fearless Season,” and “Stellar Season.” The recently concluded “Launch Season” of the third BFC Creation Competition has attracted  over 30,000 submissions.

The volume of BFC creations is witnessing an extraordinary surge, underscoring that the BFC Creation Competition has firmly established itself as a vital platform within the BFC community. This event highlights the creativity and passion of creators from around the world. This remarkable increase is fueled by enthusiasm, as BFC creators redefine what it means to be a figure.

FranklinWH and Middy’s Electrical Forge Strategic Partnership to Power the Future of Home Energy Management in Australia

SYDNEY, April 1, 2025 /PRNewswire/ — FranklinWH Australia Pty Ltd. (FranklinWH Australia), a leader in whole-home energy management solutions, has partnered with Middy’s Electrical, Australia’s largest independent electrical wholesaler. This strategic alliance aims to redefine how Australian homeowners store, manage, and use energy, providing greater energy freedom and sustainability.

Middy’s vast distribution network and expertise in electrical solutions combined with FranklinWH’s state-of-the-art home energy management technology will empower homeowners with greater energy autonomy. As the demand for renewable energy and grid-resilient power grows, this alliance will help accelerate the adoption of whole-home energy storage solutions across Australia.

“We are excited to partner with Middy’s Electrical, a leader in the industry,” said Steve Ruskin, Deputy GM of FranklinWH Australia. “Together, we’re empowering Australians with smarter, safer, more efficient, and reliable home energy solutions that allow them to break free from the grid—optimizing clean energy use, cutting electricity costs, and taking full control of energy.”

Revolutionizing Home Energy Management

FranklinWH’s whole-home energy storage system intelligently coordinates multiple energy sources—solar, grid power, battery storage, generators, and EVs—enabling homeowners to maximize self-consumption, minimize grid dependence, and enhance energy security.

Equipped with intelligent monitoring and control via the FranklinWH App, users can track energy production and use, avoiding peak pricing and hedging against outages—all in real-time.

“With the growing demand for reliable and sustainable energy solutions across Australia, our alliance with FranklinWH allows us to deliver advanced and innovative home energy solution to our customers,” said Matt Young, National TechEnergy Manager. “FranklinWH is the epitome of home energy innovation, Our collaboration marks a significant shift in the market, offering homeowners smarter, more efficient ways to optimize energy supply and maximize clean energy use while equipping installers with top-tier storage solutions.”

A Commitment to Innovation & Sustainability

This partnership reinforces Middy’s dedication to supporting installers and businesses with high-quality energy solutions while expanding FranklinWH’s footprint in the Australian renewable energy market.

To learn more about FranklinWH home energy management solutions, visit www.franklinwh.com.

About FranklinWH

FranklinWH is a market-oriented, research-driven company specializing in next-generation residential energy management and storage solutions. Headquartered in the San Francisco Bay Area, FranklinWH’s team brings decades of expertise in energy system design, manufacturing, and installation. Learn more at franklinwh.com.

About Middy’s Electrical

Middy’s Electrical is Australia’s largest independent electrical wholesaler, proudly family-owned since 1928. With over 100 branches nationwide, Middy’s provides installers and businesses with top-tier products, expert services, and industry-leading support. Visit middys.com.au to learn more.

CONTACT: media@franklinwh.com

PowerChina Spearheads Indonesia’s Sustainable Energy Shift with Groundbreaking Floating Solar Project

BEIJING, April 1, 2025 /PRNewswire/ — A news report from CRIOnline:

In West Java, Indonesia, the Cirata Reservoir is home to a groundbreaking initiative in renewable energy, the Cirata Floating Photovoltaics (FPV) Project, developed by PowerChina. The project stands as Indonesia’s first and Southeast Asia’s largest FPV facility, boasting a capacity of 192 megawatts, making it the deepest project of its kind currently under construction globally. It achieved full operational status when it connected to the grid in November 2023. A joint venture between Indonesia’s state-owned electricity company PLN and the UAE’s Masdar, the project marks a major milestone in the country’s clean energy transition.

The project faced significant engineering challenges. With complex underwater terrain, PowerChina’s team conducted detailed geological surveys and used a novel anchoring system, combining metal shear keys and concrete counterweights to secure the floating arrays. To address the high wind speeds over the water, the team conducted rigorous wind tunnel testing and computational modeling to optimize panel arrangement and structural design for system stability.

During the grid-connection ceremony, Indonesian President Joko Widodo lauded the project as a crucial achievement in realizing the country’s large-scale renewable energy goals. He affirmed Indonesia’s commitment to expanding its clean energy capabilities as part of its broader strategy to achieve net-zero emissions. The Cirata plant significantly contributes to the national grid, supplying 25% of Indonesia’s renewable energy and generating 300,000 MWh annually—sufficient to power 50,000 homes. This initiative also reduces reliance on coal, cutting coal usage by 117,000 tons and decreasing carbon emissions each year.

The success of the Cirata project underscores the importance of global partnerships in advancing sustainable energy projects. Consistent with its commitment to fostering open, inclusive, mutually beneficial, and equitable international cooperation, PowerChina remains a vital player in the development of global sustainable infrastructure.

Frost Radar™ Positions 15 Top Growth & Innovation Leaders in Material Recovery Facilities (MRFs)

Frost & Sullivan’s Benchmarking System Highlights Leading Companies Poised for Growth and Advancing Material Recovery Facilities

LONDON, April 1, 2025 /PRNewswire/ — The global Material Recovery Facility (MRF) market is undergoing significant expansion, driven by the rising demand for efficient waste management solutions, regulatory pressure, and advancements in recycling technologies. As key intermediaries in the circular economy, MRFs play a critical role in optimising resource recovery, minimising waste disposal, and reducing reliance on raw materials.

With sustainability mandates tightening worldwide, the market is witnessing increased investments in facility upgrades, automation, and advanced sorting technologies to enhance processing efficiency and maximise recovery rates.

The global MRF market has seen rapid growth, with Europe and North America leading the expansion. Frost & Sullivan projects the European MRF market, valued at $30.24 billion in 2023, to reach $39.82 billion by 2030, growing at a 4.0% compound annual growth rate (CAGR). This growth reflects ongoing efforts to improve recycling rates and processing capabilities.

Similarly, in North America, the market is expected to expand from $11.90 billion in 2023 to $18.92 billion by 2030, at a CAGR of 6.8%. Growth in this region is being driven by investments in modernising existing facilities, the establishment of new material recovery plants, and the integration of AI-powered automation and energy-efficient solutions.

Emerging markets in Asia, Latin America, and the Middle East & Africa present substantial growth opportunities as governments and industries ramp up investments in material recovery infrastructure and waste collection efficiency.

Competitive Landscape and Key Market Players

The MRF market is characterised by a diverse competitive landscape, with key players implementing innovative approaches to strengthen their market positions. Frost & Sullivan has identified the top 15 companies shaping the future of resource recovery through technological advancements, strategic partnerships, and operational excellence.

North America’s market is relatively consolidated, with leading firms investing heavily in AI and automation to improve transparency and efficiency. In contrast, Europe’s fragmented market is seeing a surge in mergers and acquisitions, largely influenced by stringent regulatory frameworks such as the EU Circular Economy Action Plan.

“As demand for circular economy solutions grows, MRFs are increasingly critical in supporting global sustainability goals. Companies that prioritise decarbonisation, technological innovation, and regulatory compliance are emerging as market leaders,” says Fredrick Royan, Growth Expert at Frost & Sullivan. “Investments in automation, AI-driven sorting, and strategic partnerships will define the industry’s evolution in the coming years.”

The Frost Radar™ highlights the following growth & innovation leaders, setting the benchmark for excellence in material recovery facilities, including TOMRA Recycling, Bollegraaf, Bulk Handling Systems (BHS), Greyparrot AI, Machinex, PICVISA, Recology, Republic Services, Stadler Anlagenbau GmbH, Vecoplan, Van Dyk Recycling Solutions, Veolia, Waste Management (WM), Waste Robotics, and WEIMA Maschinenbau GmbH.

For more insights into the MRF sector and the Frost Radar™ analysis, click here.

About Frost & Sullivan

Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO and the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents.

Editor’s Note

To arrange an interview or for any questions, please contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com

Top 10 Growth Opportunities in the Chemicals Sector, 2025

Stricter Regulations, Sustainability Demands, and Digital Innovation to Spur Global Chemicals Industry Transformation

LONDON, April 1, 2025 /PRNewswire/ — The global chemicals industry is poised for major transformation in 2025, driven by stricter regulations, sustainability initiatives, and digital advancements.

As a key player in sectors like home care, electronics, and automotive, the industry faces growing regulatory scrutiny, accelerating innovation toward safer, high-performance alternatives. Companies must strengthen Environmental Health and Safety (EHS) practices, enhance labelling transparency, and meet stricter reporting standards.

Increasing environmental and health regulations will necessitate greater R&D investment to develop cost-effective, compliant solutions while ensuring improved transparency in labelling, reporting, and dosage.

Sustainability remains a key focus, driving innovation in eco-design, decarbonisation, and green claims. Companies investing in R&D to meet global sustainability goals will gain a competitive advantage. High-growth sectors like battery production, green hydrogen, and alternative fuels will fuel demand for novel chemicals, making supply chain stability essential.

Soundarya Gowrishankar, Growth Expert at Frost & Sullivan, reports: “The chemicals industry is shifting toward renewable energy sources like solar and wind, driving demand for sustainable production and distribution. Recycling high-cost chemicals will gain traction, ensuring resource stability while minimising environmental and health impacts.”

“Increased vertical integration between mining and recycling firms will enhance supply chain security, while investments in solid-state battery materials and emerging technologies will open new opportunities,” she adds.

With the rapid global shift toward electrification, businesses will prioritise securing stable raw material supplies through strategic mining investments and partnerships. Vertical integration between mining and recycling firms will become more widespread, with chemical companies playing a critical role in advancing hydrometallurgical processes to enhance resource efficiency and sustainability.

“As regulations tighten and sustainability takes centre stage, chemical companies must innovate and form strategic partnerships to navigate these shifts,” summarises Gowrishankar, Growth Expert at Frost & Sullivan. “Proactive investment in R&D and sustainable practices will define long-term success.”

Click here to unlock growth potential and explore the future of the Chemicals industry.

YOUR TRANSFORMATIONAL GROWTH JOURNEY STARTS HERE. Frost & Sullivan’s Growth Pipeline Engine, transformational strategies and best-practice models drive the generation, evaluation, and implementation of powerful growth opportunities. Is your company prepared to survive and thrive through the coming transformation? Join the Journey

Editor’s Note

To arrange an interview or for any questions, please contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com