Vietnam to raise rate of trained workers to 40% by 2030
Vietnam targets raising the proportion of trained workers to 35-40 % by 2030 under a support programme for labour market development newly issued by Prime Minister Nguyen Xuan Phuc.
Overall, the programme aims to provide a strong premise for comprehensively developing the labour market; effectively mobilising, distributing, and utilising resources to boost socio-economic growth; shift to a modernised labour structure; and promote links between the domestic labour market and those of the region and the world.
Its objectives are to increase the number of workers with labour market-relevant skills and raise the number of trained workers to 30 % by 2025 and 30-45 % by 2030.
Under the programme, Vietnam expects to be among the top 60 countries in the Knowledge Workers sub-pillar of the Global Innovation Index (GII) by 2025 and among the top 55 by 2030. The country also sets having 80 % of its workforce possess IT skills by 2025 and 90 % by 2030, while reducing the rate of young adults unemployed or untrained to below 8 %.
To this end, the country plans to improve the relevant legal framework to bolster the development of the labour market; support the development of labour supply and demand, a labour market database, social welfare and insurance, and a specialised labour market; and promote links between the domestic and foreign labour markets.
It will also develop a set of indicators measuring the development of the labour market compared with the regional and global markets, and evaluate the labour gap between regions.
