Job Training: Low Job Skills a Problem for Vietnamese Youth

In the vibrant heart of Southeast Asia, Vietnam stands at a pivotal moment in its economic development, particularly due to its "golden demographic" phase which is anticipated to last until around 2038. This period represents a unique opportunity for the nation to harness the potential of its youthful workforce. However, a pressing challenge looms large: the need for substantial job training to enhance the skills of these young workers, ensuring they are well-prepared to contribute effectively to the nation's development and compete in the global job market.

The Stark Reality: Low Skills as a Barrier

Recent statistics from Vietnam's General Statistics Office paint a dual demographic scenario: a golden population structure accompanied by an aging population. With a labor force aged 15 and above numbering 52.4 million individuals in 2023, the number of unemployed youth (15-24 years old) stands alarmingly at approximately 437,300. This group represents over 41% of the total unemployed population in the country. Additionally, only 27% of the workforce holds diplomas and certificates, spotlighting the challenge in enhancing the professional and technical skills of the young workforce.

The Critical Role of Vocational Training

The International Labor Organization (ILO) projects that every five years, 30% of existing professional skills will become obsolete, highlighting the necessity for continuous learning and skill acquisition. In the face of the Fourth Industrial Revolution (Industry 4.0), many traditional professions are disappearing, yet new occupations and job opportunities are emerging. This shift underscores the importance of not only providing vocational training but also equipping young workers with soft and adaptive skills suitable for a rapidly evolving job market.

Bridging the Skills Gap

Analysts emphasize the existing gap between the skills offered by the labor force and those demanded by the market in Việt Nam. This mismatch leads to low utilization of trained labor and a notable shortage of skilled workers. International organizations argue that vocational skills will become the "new international currency" of the future labor market, enhancing competitiveness and labor productivity. For young workers, acquiring professional skills is becoming increasingly crucial for their success in the current and future job market.

Anticipating the Market's Needs

The Fourth Industrial Revolution and economic restructuring necessitate an improvement in workforce quality, focusing on young individuals. The Ministry of Labor, Invalids, and Social Affairs points to low skills as a significant barrier for young workers in the Industry 4.0 job market. Therefore, improving their skills and enabling their participation in the global labor supply chain is essential.

Local Initiatives: Bà Rịa-Vũng Tàu's Approach

Bà Rịa-Vũng Tàu, recognizing its significant economic role in the South, aims to ensure 30% of its labor force obtains vocational certificates by 2025, with 80% possessing information technology skills. The province also plans to direct 40% to 50% of high school graduates towards vocational education. This initiative is part of a broader effort to develop a skilled, young, and dynamic workforce to meet the demands of businesses and industrial units.

Lilama 2 International Technology College, aiming to become a high-quality training and practical vocational center, has taken significant steps by signing a transfer agreement for semiconductor technology and carbon credit training programs with BTEC Pearson (United Kingdom) in early 2024. These programs are designed to meet the specific demands of the semiconductor and carbon credit sectors, indicating a strategic approach to workforce development in alignment with global industry trends.

Conclusion

The need for job training among Vietnamese youth is clear and pressing. Perhaps the hyper speed by which the job market is evolving is leading many youthful job seekers to fall behind in appropriate skills, with others unsure of which technology will upend the market next. As Vietnam continues to navigate the challenges and opportunities presented by the global economy, investing in the skills of its young workforce will undoubtedly be a cornerstone of its success.

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