The low-skilled labor trap is both the precursor and consequence of the middle-income trap. As Vietnam stands at the precipice of this challenge, it must navigate its way out, leveraging its golden demographic advantage in human resources. The 2022 report “Asia Pacific’s Time: Responding to the New Reality,” published by PwC, underscores a crucial observation concerning Vietnam. Despite being a promising contender in the global supply chain shift, the nation finds itself approaching the brink of its capacity to absorb this transition. In particular, concerning human resources, Vietnam’s unemployment rate […]
The low-skilled labor trap is both the precursor and consequence of the middle-income trap. As Vietnam stands at the precipice of this challenge, it must navigate its way out, leveraging its golden demographic advantage in human resources. The 2022 report “Asia Pacific’s Time: Responding to the New Reality,” published by PwC, underscores a crucial observation concerning Vietnam. Despite being a promising contender in the global supply chain shift, the nation finds itself approaching the brink of its capacity to absorb this transition. In particular, concerning human resources, Vietnam’s unemployment rate […]
The low-skilled labor trap is both the precursor and consequence of the middle-income trap. As Vietnam stands at the precipice of this challenge, it must navigate its way out, leveraging its golden demographic advantage in human resources. The 2022 report “Asia Pacific’s Time: Responding to the New Reality,” published by PwC, underscores a crucial observation concerning Vietnam. Despite being a promising contender in the global supply chain shift, the nation finds itself approaching the brink of its capacity to absorb this transition. In particular, concerning human resources, Vietnam’s unemployment rate […]
Industrial production decline, import-export slump, and negative indicators from the purchasing managers index (PMI) are pointing to a prolonged economic slowdown in the second...
HCMC - Enterprises in HCMC are forecast to recruit 300,000-320,000 new employees if the global economy bounces back, according to the Center of Forecasting...