More than 50% 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% of the 187 companies surveyed from June 13 to 23 said they are willing to hire foreign software developers in the future.
RoK SMEs prioritise hiring Vietnamese, Indian software developers.
India, Vietnam and China were the preferred nationalities among Korean SMEs for offshore engineers, at 36.4%, 31%, and 11.8%, respectively, who are paid at a lower rate than their RoK peers.
The survey also showed 27.3% of the respondents had already hired foreign engineers.
As many as 75.4% of the companies surveyed said they found it challenging to hire and retain local professional software engineers.
Vietnam, RoK intensify trade cooperation
Vietnam and the Republic of Korea (RoK) have become top important partners of each other in various fields, with economic, trade and investment cooperation serving as both pillar and primary driver of their increasingly growing relationship, said Vietnamese Minister of Industry and Trade Nguyen Hong Dien.
Vietnam, RoK share experience, initiatives on smart city development
The CICON 2023 – the second international conference that combines the initials of Creative Urban, Culture, Convergence, and Industry took place in Ho Chi Minh City on June 7, offering opportunities for Vietnam and the Republic of Korea (RoK) to participate in the smart city and blockchain industry, build a network of businesses from the two countries.
Bac Giang city and Seo district (RoK) ink friendship cooperative agreement
(BGO) – A ceremony was held on May 31 in Bac Giang
city (Bac Giang province) under the chair of Dang Dinh Hoan, member of the Bac
Giang provincial Party Committee, Vice Secretary of the municipal Party
Committee, Chairman of the municipal Peoople’s Committee and Mayor Seo Cheolmo of Seo district, Daejeon city (Republic of
Korea-RoK) to ink the friendship cooperative agreement between two localities.