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Thursday, August 28, 2025

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labor shortage

Risk of high-quality labor shortage

Monitoring results from the Standing Committee of the National Assembly show that Vietnam is still in its “golden population structure” period. At present, the labor force “basically meets the requirements of socio-economic development,” but there is a looming risk of a shortage of high-quality human resources in the new era, especially in key sectors. 38 million workers still untrained nationwide On August 11, 2025, the National Assembly Standing Committee reviewed a monitoring report on “The implementation of policies and laws on developing and using human resources to meet the requirements of socio-economic development, especially high-quality human resources.” The monitoring results indicate that Vietnam’s labor force at present “basically meets the requirements of socio-economic development.” This is an important bright spot, thanks to the workforce being in the period of the “golden population structure.” As of April 1, 2024, the country had 53 million people aged 15 and above in the workforce, accounting for more than 52% of the population. The rate of trained workers reached 69%; specifically, the urban labor force numbered nearly 20.4 million people, accounting for 38.5% of the workforce. There have also been positive shifts in the sectoral structure: labor in agriculture, forestry, and fisheries has declined, […]
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