Riding AI revolution to reshape labour market
As artificial intelligence (AI), along with machine learning (ML), big data and cloud computing make more in-roads among all sectors, it requires labourers to equip themselves with necessary technology knowledge and skills. The tech boom will make it hard for untrained workers to maintain their current jobs and seek new ones, experts said.
According to a report by the General Statistics Office of Vietnam, in the second quarter of 2024, the country had 51.4 million employed workers (aged 15 and above). Among them, up to more than 32 million (61%) accepted informal jobs, while the remainder held formal ones.
The report also pointed out the biggest limitation of the domestic labour market that is up to 70% of the workforce has not received any primary training, exacerbating job hunting, both domestically and internationally, particularly in securing stable and high-paying positions.
