Challenges from labor quality
Vietnam’s continued development needs to be matched by the skills and knowledge of its workforceskills and knowledge of its workforce.
Vietnam’s labor market faces several major limitations, including the quality of its workforce being largely inadequate and failing to meet the demands of a modern, flexible, sustainable, and integrated labor market, with over 70 per cent of workers not having received training at the primary level or higher. The percentage of Vietnamese workers with degrees or certificates, however, stood at 28.1 per cent in the second quarter, an increase of 0.3 percentage points compared to the previous quarter and 1.3 percentage points compared to the second quarter of 2023.
