Vietnam's limitations on high-quality human resources Current state of affairs and emerging trends

Abstract

Vietnam lacks a highly skilled labor force that meets the necessary standards for organization and caliber. We lack a workable training and utilization system to generate the necessary drive for this force to steer the economy toward a competitive and efficient development. Due to the limited quantity and poor quality of highly skilled workers as well as the inefficient utilization of the nation's most valuable resources, social labor productivity and economic competitiveness are low. Training top-notch human resources is one of the most crucial and innovative activities that will help Vietnam lay the groundwork for its industrialization and modernization. The advancement of human resources has produced specific outcomes in the past. Vietnam has created policies with competitive pay, bonuses, and welfare benefits to entice and hire specialists, talents, and highly qualified individuals. High-quality human resource development and training have received focus. A growing number of well-qualified technicians and businesspeople are entering the workforce and significantly advancing national growth.