Recently, Vietnam is an ideal destination for domestic and foreign investors. When deciding to invest in Vietnam, investors must pay attention to many issues. One of the most important issues is human resources. And in the context of international integration, it poses many challenges and opportunities for investors.
Young Human Resources in Vietnam
Opportunities for Vietnamese human resources
1. Young and abundant human resources
One of the biggest advantages of Vietnam’s human resources is its abundant human resources and young human resources structure. The young population structure is considered the “golden structure” in labor. According to the General Statistics Office, in 2018, Vietnam had a population of over 90 million people, ranking 13th in the world, 7th in Asia and 3rd in Southeast Asia. Of which, the labor force aged 15 and over accounts for about 55.16 million people. The rate of employed workers aged 15 and older in 2018 is estimated to be 54 million people. This advantage, if fully exploited, will be an important factor for the country’s economic development.
Supplying Vietnamese human resources – International recruiter recruiting Vietnamese workers
2. Labor productivity tends to increase
Vietnam’s labor productivity is increasingly on the rise. Vietnam is a country with a high labor productivity growth rate in the ASEAN region. According to the General Statistics Office, labor productivity of the entire economy at current prices in 2018 is estimated to reach 102 million VND/worker (equivalent to 4,512 USD). This number increased by 346 USD compared to 2017. Calculated at comparative prices, labor productivity in 2018 increased by 5.93% compared to 2017. The average increase in the period 2016-2018 was 5.75%/year. This increase is higher than the increase of 4.35%/year in the period 2011-2015.
3. The quality of human resources is gradually improving
The quality of Vietnam’s human resources is increasingly improving, partly meeting the requirements of businesses and the labor market. The quality of Vietnam’s labor force is considered intelligent, skillful, and diligent. In many mechanical factories, Vietnam’s technical workforce has mastered science and technology, taking on complex work positions in production.
Providing highly skilled human resources to provide welders
4. Human resources with professional qualifications and skills are increasingly improving
The number of human resources recruited for training at all levels has increased rapidly. This can be seen as an important achievement in the field of human resource training. The education level of the population is quite good and average life expectancy is increasing quite rapidly.
Human resources with professional qualifications and good skills have been attracted and promoted high labor efficiency in a number of industries and fields such as post and telecommunications, information technology, automobile manufacturing, motorbikes, shipbuilding, energy industry, healthcare, education, mechanical workshops,… and labor export. The team of Vietnamese businessmen is increasing in number and improving in business knowledge and skills, gradually approaching international levels.
Challenges for International Recruiters
1. Population is unevenly distributed among regions
Vietnam’s population is unevenly distributed and has large differences by region. The majority are still rural residents. Large areas of land have a low labor density (the Northern midlands and mountainous regions only account for 13.8% of the labor force). Meanwhile, the majority of the population is concentrated in urban areas. This imbalance limits the promotion of advantages in rural labor resources. However, the quality of training, structure by profession, field, distribution by region, region, locality, etc. are not consistent, not really suitable for the needs of society, causing waste. resources of the State and society.
Searching and Screening High Quality Human Resources in Vietnam
2. Labor quality, teamwork and foreign language skills are low and limited
Laborers are mainly agricultural and rural workers, which do not meet development requirements. There is always a serious shortage of highly qualified technical labor in the current supply. The rate of vocationally trained workers is still low, skills, workmanship, physical strength and industrial working style are still weak, so competitiveness is low. In factories, the highest technical positions are often held by foreign workers. According to statistics, the rate of untrained workers accounts for nearly 85%. Most businesses are not satisfied with labor quality, especially working skills.
Professionalism in teamwork skills and ability to use foreign languages are still limited. In a foreign working environment, foreign language is always a weakness of Vietnamese workers. On the other hand, Vietnam’s labor productivity tends to increase more slowly than developing countries in the region such as China, India, and Indonesia. Thus, although there have been significant improvements, Vietnam also needs to make more efforts. If so, mechanical factories and industrial factories will follow suit and increase sharply in both quality and quantity.
3. The discipline of Vietnamese workers is not high
The majority of workers come from rural and agricultural backgrounds. Therefore, workers carry the production style of small-scale agriculture. They are not equipped with knowledge and teamwork skills. Not only that, workers also lack the ability to cooperate and bear risks. Plus the reluctance to promote initiatives and share experiences while working.
Contact Vietnam Manpower Supply Agency today to discuss your specific workforce needs and discover the difference that skilled Vietnamese workers make.
Do you want to hire #workers, seasonal workers and long-term workers from Vietnam?
But you don’t know about:
❓ What kind of service we provide?
👉 Consulting on finding Vietnamese welders
👉 Looking for a supply of welder human resources
👉 Consult about Vietnam’s labor market
👉 Source suitable workers meeting your requirements
👉 Take documents procedures in Vietnam
👉 Train workers languages and vocational skills
👉 Handle problems while Vietnamese workers work in EU
Please contact #Vietnammanpowersupply for #internationalhiring,
We will support you to do all things.
DETALL: #GLOBALSTAFFRECRUITMENT
Tel/Whatsapp: (+84 ) 982 0303 66 – CEO
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