Demography and health experts joined policy makers in Hanoi on June 3 at a workshop on how to develop an abundant and high quality labour force over the next 30 years, as Vietnam is entering into an era called the “Demographic Dividend.”
According to Professor Nguyen Dinh Cu, the Director of the Institute for Population and Social Issues, Vietnam entered the demographic dividend in 2006, which means that every person of working age will have to take care of one person at a dependent age. This phase will last for around 30 years.
Vietnam has an abundant and young labour force, which accounts for 62.7 percent of the country’s working population and every year there are 1.5 million young people entering the labour market.
However, many sectors in the country still lack an adequate number of qualified and quality workers, said the participants at the workshop. They added that domestic workers are less competitive than those from many other countries in the region in terms of both knowledge and vocational skills.
Therefore, the new era presents both opportunities and challenges for the nation’s socio-economic development and Vietnam desperately needs to adopt a suitable human resources development strategy to ensure economic growth and find solutions to challenges such as education, job creation and social welfare./.
According to Professor Nguyen Dinh Cu, the Director of the Institute for Population and Social Issues, Vietnam entered the demographic dividend in 2006, which means that every person of working age will have to take care of one person at a dependent age. This phase will last for around 30 years.
Vietnam has an abundant and young labour force, which accounts for 62.7 percent of the country’s working population and every year there are 1.5 million young people entering the labour market.
However, many sectors in the country still lack an adequate number of qualified and quality workers, said the participants at the workshop. They added that domestic workers are less competitive than those from many other countries in the region in terms of both knowledge and vocational skills.
Therefore, the new era presents both opportunities and challenges for the nation’s socio-economic development and Vietnam desperately needs to adopt a suitable human resources development strategy to ensure economic growth and find solutions to challenges such as education, job creation and social welfare./.
