High-tech workforce is essential for the supporting industry sector

VCN - The trend of shifting supply chains is opening up numerous opportunities for the domestic supporting industry sector. The issue of human resources is becoming increasingly crucial, allowing businesses to enhance their production capabilities and confidently compete by meeting the growing requirements of the value chain.
Support policy for high-tech investment hitting two targets: Insiders Support policy for high-tech investment hitting two targets: Insiders
Expectations for attracting FDI from the United States into high-tech and green sectors Expectations for attracting FDI from the United States into high-tech and green sectors
The supporting industry needs high-tech human resources The supporting industry needs high-tech human resources
High-tech human resources enable businesses to improve their production capabilities and compete confidently
High-tech human resources enable businesses to improve their production capabilities and compete confidently

Shortage of skilled labor

This is the main topic of discussion at the seminar "Enhancing the quality of human resources in the supporting industry" organized by the Vietnam Trade and Industry review on October 12.

Cao Van Binh, Director of the Industrial development support center, Industrial Bureau (MoIT), stated that Vietnam was currently in the golden population period, with approximately 54% of the population in the working age group. However, the workforce with technical qualifications and high-level skills is limited in terms of both quantity and qualifications. This is a significant barrier for many businesses operating in mechanical engineering, processing and manufacturing, and the electrical and electronic component sectors.

The lack of human resources with specialized qualifications and high-level skills has caused many businesses to expend significant resources and costs. After recruiting employees, they often require further training to match the company's professional requirements and production objectives. While the Industrial Bureau, MoIT, recently assigned the Industrial development support center to implement business support programs, including advanced workforce training, the number of experts and engineers trained remains limited compared to the large number of personnel that the industry needs.

In the electronic sector, Phung Anh Tuan, Deputy Director of Manutronic Vietnam JSC, noted that there were many requirements and standards set for electronic businesses. High-quality human resources are a matter of survival for companies wanting to participate in the supply chain. Vietnam is an attractive destination for companies and corporations worldwide that are shifting their supply chains globally. This shift creates both opportunities and challenges, including meeting high quality standard requirements from partners

To meet this, businesses need to have certain resources to access scientific and technical knowledge and to receive and transfer technologies from corporations shifting to Vietnam. Therefore, high-quality human resources are one of the core values that can determine success and seize opportunities.

From a business perspective, Le Quy Thanh, Director of the TOMECO An Khang Factory, pointed out that the supporting industry is highly systematic, professional, and part of a larger supply chain. Therefore, human resources in this sector must have extensive knowledge and understanding to meet chain standards and requirements. Thanh stated that businesses always have a desire to use high-quality human resources in their production and business activities at all levels, from senior management to direct laborers.

“Unbalanced” in quantity and quality

From an educational perspective, Dr. Kieu Xuan Thuc, Rector of the Hanoi University of Industry, believed that there were two challenges regarding quantity and quality in the issue of human resources in the supporting industry. The first is a challenge related to quantity. There might be few graduating students while businesses have high labor demands, making it difficult for them to recruit workers. Conversely, there could be many graduating students when the labor demand of businesses is low, leading to an oversupply of labor. The second challenge pertains to quality. This involves situations where graduating students may not yet possess certain skills or qualities that businesses desire.

To bridge this gap, a cooperative effort is needed from both businesses and educational institutions. The Hanoi University of Industry, for instance, is actively connecting with businesses throughout the entire training program development and operation process, increasing the employment rate of graduates significantly.

In order to develop consistently high-quality human resources and ensure consistent input and output results between trainees, students, and businesses, Cao Van Binh suggested the need for information sharing and cooperation between businesses and educational institutions regarding labor recruitment needs during their business operations.

Furthermore, in some cases, the level of salary or the expenditure budget might not be appealing, which can limit businesses from hiring high-quality labor. Therefore, businesses also need mechanisms and solutions to attract high-quality labor forces to serve their production and business activities.

To address the issue of human resources quality in the supporting industry, experts emphasized the importance of connecting educational institutions with businesses and society. It's crucial to establish mechanisms, incentives, and promote links between educational institutions and businesses, connecting vocational education with the labor market, and increasing business participation in vocational education activities. This will help address labor force challenges and contribute to the development of the supporting industry.

Additionally, there is a need for comprehensive spatial planning to allocate and determine the development scale of industrial areas by regions. This restructuring will help improve the quality of human resources and transform Vietnam into a regional and global production hub within the supply chain. In the broader picture, policies are required to facilitate Vietnamese companies to participate more deeply in the supply chain.

This approach will enable a highly skilled labor force through in-depth training and better skills. Furthermore, attracting selective FDI with a focus on high technology and a spillover effect with the market will contribute to enhancing the quality of the labor force.

By Ngoc Linh/ Ha Thanh

Related News

Exchange rate risks need attention in near future

Exchange rate risks need attention in near future

VCN - Exchange rate developments in 2025 are considered to be quite complicated due to US policies related to trade and investment.
Automobile localization: rapid development from internal strength

Automobile localization: rapid development from internal strength

VCN - Enjoying many investment incentives for many years, FDI enterprises have failed to fulfill their commitments on the localization rate in automobile production. It was thought that Vietnam would not have an automobile manufacturing industry, depending on imports and stopping at assembly. However, in a short time, with their internal strength, determination and mettle, domestic enterprises have initially affirmed their role and position in the automobile market, with strong development in both quantity and quality.
Numerous FDI enterprises face suspension of customs procedures due to tax debt

Numerous FDI enterprises face suspension of customs procedures due to tax debt

VCN - Several foreign direct investment (FDI) enterprises in HCM City have been subjected to coercive measures, including the suspension of customs procedures, for overdue import-export and domestic tax liabilities.
Prioritizing semiconductor workforce training

Prioritizing semiconductor workforce training

VCN - Vietnam is well-positioned to participate deeply in the global semiconductor industry. Experts believe that developing a skilled workforce in microchips and semiconductors should be a long-term priority to effectively capitalize on this opportunity.

Latest News

Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.

More News

Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Rice export prices drop, but decline expected to be short-term

Rice export prices drop, but decline expected to be short-term

Việt Nam’s rice export prices have declined, reaching their lowest level in three years.
Key agro products expected to maintain export growth this year

Key agro products expected to maintain export growth this year

At present, agricultural exports, such as rice, coffee and seafood, have steadily secured a stable place in major global markets.
EU issues 12 warnings against Việt Nam’s food and agricultural exports

EU issues 12 warnings against Việt Nam’s food and agricultural exports

The Việt Nam SPS Office has reported that some Vietnamese export products failed to meet the EU’s stringent standards.
Việt Nam to impose VAT on low-value express-imported goods

Việt Nam to impose VAT on low-value express-imported goods

Việt Nam will end a previous policy that exempted imported goods valued under VNĐ1 million (US$39.4) from taxes when shipped via express delivery.
Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

Vietnam kicked off the year with a strong start in trade, exceeding US$63 billion in the first month

VCN - Data from the General Department of Vietnam Customs indicates a softening of both exports and imports in January 2025, relative to the same month in 2024.
Import and export turnover reaches about US$29 billion in the second half of January 2025

Import and export turnover reaches about US$29 billion in the second half of January 2025

VCN - Vietnam's total import and export turnover in the second half of January 2025 (January 16-31, 2025) reached US$28.9 billion, the latest preliminary statistics of the General Department of Vietnam Customs reported.
Market edges up slightly as liquidity remains low

Market edges up slightly as liquidity remains low

Market breadth remained positive, with 161 gainers outnumbering 144 decliners.
Business regulations must be trimmed for development of enterprises: Experts

Business regulations must be trimmed for development of enterprises: Experts

The General Statistics Office (GSO)'s socio-economic report for January 2025 reveals that while over 33,400 newly established or resumed businesses entered the market - marking a 15% increase compared to January 2024 - more than 58,300 businesses withdrew from the market, representing a growth of 8.1% on year.
Read More

Your care

Latest Most read
Embracing green exports: a pathway to enter global supply chains

Embracing green exports: a pathway to enter global supply chains

This shift presents both a challenge and an opportunity for Vietnamese businesses to innovate and enhance their competitive edge in the international arena.
New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

New policy proposed to prevent transfer pricing, tax evasion of FDI enterprises

The ministry proposes to issue a decree on the establishment, management and use of the Investment Support Fund to stabilise the investment environment, encourage and attract strategic investors and multinational corporations.
Việt Nam’s durian exports to China plummet by 80%

Việt Nam’s durian exports to China plummet by 80%

This sharp decline has had a direct impact on Việt Nam’s fruit and vegetable export revenue, which stood at US$416 million in January 2025, marking a 11.3 per cent decrease month-on-month and a 5.2 per cent drop year-on-year.
Coconut exports reach 14-year high

Coconut exports reach 14-year high

In 2024, fresh coconut and coconut product exports surpassed US$1 billion, marking the highest figure in the past 14 years.
Shrimp exports grow in the first month of 2025

Shrimp exports grow in the first month of 2025

According to data from the Việt Nam Association of Seafood Exporters and Producers (VASEP), shrimp products recorded a 13 per cent increase in export value in January 2025, reaching a total of $273.3 million.
Mobile Version