The Story of 25 Years: NetViet's Journey

Jun 12, 2025

Blog

The Story of 25 Years: NetViet’s Journey

Table of Contents

Introduction

In 1999, Vietnam was on the cusp of becoming an international business hub, with large corporations eager to establish their presence. But for many of these corporations, one challenge loomed larger than the rest—finding the right people to drive their businesses forward. During this time, Founder Duong Xuan Giao, a professional banker, recognized a pressing need in the market. Big corporations were struggling to tap into Vietnam’s pool of skilled professionals, while talented individuals in the country faced difficulties finding roles that matched their potential.

This was the spark that gave birth to NetViet, a headhunting company with a mission: to help Vietnamese talent connect with the right opportunities quickly and efficiently. What started as a headhunting agency has, over the past 25 years, evolved into a comprehensive HR solutions provider that manages over 3,000 employees and partners with more than 200 multinational corporations. As we celebrate NetViet’s 25th anniversary, it’s a story not only of growth but of the dedication and vision that turned challenges into success.

The Spark That Ignited a Vision

The founder of NetViet’s experience in the banking sector gave him a unique perspective. Working closely with corporate leaders, he realized that while capital and technology were readily available, skilled talent was the missing piece in the puzzle for many businesses looking to thrive in Vietnam. The question wasn’t just how to find the right people—but how to ensure these professionals could contribute meaningfully to the success of both Vietnamese and multinational companies.

With this in mind, NetViet was born. NetViet’s vision was clear: to create a bridge between the country’s brightest minds and the companies that needed them. We believed that human capital would be the driving force behind Vietnam’s economic future, and his company was the key to unlocking that potential.

The Early Days: Challenges and Triumphs

Starting a recruitment business in Vietnam in the early 2000s was no small feat. HR outsourcing was a relatively new concept, and convincing companies of its value required persistence. The biggest challenge wasn’t the lack of demand but the perception that finding local talent capable of meeting global standards was impossible. Multinational corporations had the capital and technology, but they doubted whether they could find the right talent locally. This skepticism meant that NetViet had to prove its worth every step of the way.

In its early days, NetViet focused on headhunting, tirelessly searching for the right candidates for key positions in major corporations. The process wasn’t easy. At times, it felt like finding a needle in a haystack. But with each successful placement, the company’s reputation grew, and so did its client base.

Growth and Evolution: A Comprehensive HR Solutions Provider

As Vietnam’s business landscape evolved, so did NetViet. The company expanded its services from headhunting to offering a full suite of HR solutions, including payroll management, employee outsourcing, and HR consulting. This shift wasn’t just a business decision—it was a reflection of our belief that the success of a business hinges on its people.

By 2024, NetViet had grown into a trusted partner for over 200 multinational corporations, managing the HR needs of more than 3,000 employees across various industries. The company’s ability to adapt to market demands and its unwavering commitment to placing human capital at the center of its solutions were key to its success.

Overcoming Obstacles: Persistence in the Face of Doubt

One of the most significant challenges NetViet faced was the initial doubt from potential clients about whether local talent could meet global standards. It was a tough market to break into, but NetViet took every opportunity to demonstrate that Vietnam’s professionals were just as capable—if given the right platform.

NetViet’s approach was simple: invest in the development of human resources, not just for the companies it served but for Vietnam as a whole. We believed that by focusing on people, they could help businesses succeed. This people-first approach, combined with a deep understanding of the local market, helped NetViet weather the uncertainties of the early years and eventually thrive.

A Unique Company Culture

NetViet’s culture has always been one of dedication, teamwork, and an unwavering focus on human capital. Employees at NetViet share a common goal—helping individuals realize their potential while enabling businesses to grow. The company’s belief in the power of people extends beyond recruitment. It’s about fostering long-term partnerships with both employees and clients, creating an environment where talent can flourish.

This commitment to people has been a cornerstone of NetViet’s success. When you invest in the right people, you’re not just helping companies grow—you’re helping communities thrive.

A Lasting Impact and a Promising Future

As one of the pioneers of HR outsourcing in Vietnam, NetViet has left a lasting mark on the industry. The company’s success isn’t just measured by its growth but by the opportunities it has created for thousands of individuals and the companies that have benefited from their skills. NetViet has become synonymous with quality HR solutions, and its influence extends far beyond just recruitment.

Looking ahead, NetViet’s vision remains as strong as ever. With plans to expand its services and continue championing the development of Vietnamese talent, the company is set to play an even more significant role in shaping the future of Vietnam’s workforce. As NetViet reflects on the journey so far, we are both proud of what NetViet has achieved and excited for what’s to come.

Our mission has always been to help people and businesses succeed together. After 25 years, we’re just getting started.

Here’s to the next 25 years of growth, innovation, and empowering Vietnam’s future leaders.

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NetViet offers comprehensive HR solutions for businesses entering or expanding in the Vietnamese market. Established in 2000, NetViet provides expert, seamless, and compliant HR solutions.

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