Vietnam Manpower Faces Both Surplus and Shortage in the Labor Market

Vietnam’s labor market is experiencing a paradox of both surplus and scarcity. While the country aims to develop a highly skilled workforce, it faces a significant shortage of trained and experienced workers, especially in fields that require advanced skills. Experts argue that this skills gap is limiting the country’s labor productivity. As of 2023, only 27% of workers were formally trained or held degrees, with an estimated 38 million workers still untrained. The majority of the workforce has only basic education, equivalent to junior high school, which impacts overall labor productivity.


Despite strong economic growth, foreign investors continue to face challenges finding qualified Vietnamese employees, particularly those with high-level management, administrative, and technical skills. Many companies in Vietnam, including large enterprises, have struggled for years to recruit skilled staff, even with competitive salaries and good working conditions.

To address this issue, experts emphasize the need for education and training to evolve with the times. Associate Professor Đinh Trọng Thịnh suggests a blend of theoretical knowledge and hands-on experience, with a focus on self-improvement and self-study for workers to remain competitive. Additionally, Dr. Đinh Việt Hòa, Chairman of the National Start-up Association, highlighted that while Vietnam has a surplus of unskilled labor, the country lacks high-quality human resources. Universities focus primarily on academic instruction, which often does not provide students with the practical skills needed in the workplace.

In light of these challenges, businesses are encouraged to invest in internal training to bridge the skills gap, and universities are urged to tailor their programs to meet the specific needs of the market. With the right investment in education and skills development, Vietnam Manpower could better match the demands of both local and foreign employers, improving the nation’s workforce and increasing its attractiveness to international investors.

Nhận xét

Đăng nhận xét

Bài đăng phổ biến từ blog này

Japan is the Leading Market for Vietnam's Labor Export

 In recent years, the number of Vietnamese workers going to Japan has accounted for 50% of the total number of Vietnamese workers going abroad each year. According to the Department of Overseas Labor Management (Ministry of Labor, Invalids and Social Affairs), the number of Vietnamese workers going to Japan in the past five years is as follows: In 2018, there were 68,737 workers; in 2019, 82,703; in 2020, 38,891; in 2021, 19,510; and in 2022, 67,295. In 2023, the number of Vietnamese workers in Japan reached nearly 80,000, the highest number ever recorded. The National Institute of Population and Social Security Research of Japan forecasts that Japan's population will decrease by nearly a third by 2070, dropping to around 86.9 million people, with those aged 65 and older accounting for 40% of the population. A major concern is that while the elderly population is increasing, the birth rate is declining. In 2022, Japan's total fertility rate (TFR), which indicates the average nu...
Đọc thêm

Improving English Skills: A Critical Step for Vietnamese Workers in the Global Job Market

Hình ảnh
The global labor market increasingly demands skilled workers proficient in communication, particularly in English. For Vietnamese workers, English proficiency remains a significant challenge, limiting their ability to secure high-paying jobs and meet employer expectations in international settings. This issue, rooted in systemic factors, requires immediate attention to enhance Vietnam's labor competitiveness globally. The Growing Importance of English in a Competitive Market As globalization accelerates, English proficiency has become a prerequisite for workers seeking employment in international markets. Employers now view communication skills as essential for productivity, collaboration, and career growth. Chris Jeffery of the British University Vietnam highlights English as a vital tool for career advancement in diverse sectors. Despite this, surveys reveal a concerning gap. At 30% of Vietnamese businesses, fewer than 10% of employees possess sufficient English skills, acco...
Đọc thêm

Australia to Recruit Workers for Meat Processing, Monthly Salary of 60 Million VND

Hình ảnh
 The Overseas Labor Center is currently recruiting workers for Australia in the field of meat slaughtering and Halal meat processing, offering a monthly salary of approximately 60 million VND. On December 23, the Overseas Labor Center (Ministry of Labor, Invalids, and Social Affairs) announced the recruitment of workers for a program based on a Memorandum of Understanding between Vietnam and Australia. This initiative aims to support Vietnamese workers in the agricultural sector in Australia. The first batch of recruitment is for 30 workers in the meat processing sector. The positions include 15 workers for Halal meat slaughtering, with the remaining 15 for meat processing roles. The contract will last for 4 years. The Australian company is particularly looking to hire 15 Muslim workers for Halal slaughtering roles, who will receive training according to Halal practices, while the other 15 positions will be for meat processing. Halal Standards : Halal refers to products or actions ...
Đọc thêm