The construction labor market in Q2 2025 is witnessing contrasting trends.
According to the Vietnam Association of Construction Contractors (VACC), industry-wide recruitment demand surged by 171.96% year-over-year. Conversely, job applications plummeted by 42.52%.
Amidst this landscape, VinCons Construction Development and Investment Joint Stock Company announced a massive recruitment drive for 100,000 personnel.
The highlight isn’t just the volume but also the company’s establishment of a new income benchmark for the industry.
Offering 40-60% higher salaries than market averages
Officially, team leader positions at VinCons offer monthly earnings between 30 to 40 million VND. Skilled workers and foremen can expect 15 to 25 million VND.
For context, VACC data shows that site foreman salaries at small-to-medium enterprises average 18.6 million VND—significantly lower than VinCons’ team leader rates.
Market rates for skilled and unskilled workers range from 9-18 million VND and 4.5-10.5 million VND respectively. VinCons’ offers exceed these averages by 40-60%, intensifying pressure on traditional contractors.
VACC data also highlights a workforce imbalance: 1 engineer to 1.3 mid-level workers to 0.5 skilled laborers—far from the global standard of 1:4:10.
Critically, 75% of workers are temporary or untrained. Highly skilled workers comprise just 7%, creating a severe talent shortage.
Benchmarking Against Major Contractors
VinCons’ 100,000-strong target workforce dwarfs competitors. As of 2024, Coteccons (1.036 trillion VND charter capital) maintains 30,000 personnel, with only 3,200 direct contracts.
Newtecons (15,000), UDIC (10,000), and Vinaconex (7,293) trail behind. Hòa Bình, once peaking at 31,000 in 2019, now employs just 1,262.
VinCons’ goal surpasses the largest contractor’s ecosystem by threefold, signaling a shift from subcontractor reliance to building an in-house powerhouse.
Vingroup Construction CEO’s Open Letter: Inviting Skilled Workers to Build Landmark Projects with Earnings Up to 47 Million VND/Month
On November 20th, the CEO of Vincons Construction Development and Investment Joint Stock Company (a leading construction contractor under Vingroup) penned a heartfelt letter to construction workers nationwide. This gesture coincided with the company’s massive recruitment drive.
Vingroup’s Construction Contractor Hiring 50,000 Workers for Masonry, Plastering, Painting, and More – Earn Up to $2,000/Month with Free Accommodation and Meals
Vincons Construction Development and Investment Joint Stock Company, a leading construction contractor under Vinhomes, has launched a massive recruitment campaign, offering competitive salaries and attractive benefits.
Record-Breaking Recruitment: 50,000 Nationwide Jobs Available, Team Leader Salary Up to 47 Million VND/Month
This is undoubtedly one of the most extensive recruitment campaigns ever undertaken.
