The changing Wworking environment in Vietnamese banks Vietnam.

A decade ago, with a healthy economy and a steady stream of foreign investment, the Vietnamese government sought to expand banking institutions across the country in order to support a burgeoning business environment.

At that time, the banks were the work place that were chosen by most of students and officials.

As the number of banks rose, so did the demand for a workforce. As a result, jobs in the banking sector quickly became the most sought after by students in (officials).

Because of lacking in labor force, working in banks was quite ease and didn't require too many working related experience or professional knowledge standard. Moreover, high salary was also an element to attract people.

Since there were far more job openings than applicants, securing a job in the banking sector was relatively easy: it required little experience and did not conform to high professional standards. Moreover, the banking sector offered comparatively high salaries.

But since 2010 until now, the banks haven't a good choice to work.

Since 2010, things have changed dramatically in the banking sector.

In recent years, there have too many students studying banking major.

The situation now is the reverse: there are too many applicants and too few job openings.

This create a superabundance in working market.

If someone want to enter a bank, they have to pass an interview, got excellent result in the university or even base on relationship or money.

Nowadays, the competition is fierce: interviews are rigorous and applicants need top university scores.

Beside, to compete with other competitors, everybank sets a targets for each member and force them must get it.

Additionally, since the workforce is so overabundant, people who have jobs have become expendable and easily replaceable.

If they can't do it, they're fired immediately.

There is no longer any job security: workers can be fired without notice and with no justification.

In my internship term, I have an opportunity to intern at a famous bank in Vietnam.

I was fortunate enough to secure an internship at a prestigious national bank.

Although, I've heard lots of busy and competition in the bank, I'm still shocked with the working environment there.

Though I had heard of the dire climate in Vietnamese banks, I was completely shocked by what I saw over my time at the bank.

All member start working at 7am and finish at 8 or 9 pm.

People worked excessively long days, from 7am up until 8 or 9pm.

Most of staffs complaint about working they have to suffer too many pressures in life. But they still try and attempt to complete their work as good as possible.

Most people regularly complained about the long hours and the high pressure, but every one of them was still compelled to persistently compete with their follow colleagues.

[Nice work. Hard topic to discuss.]