By 2020, Vietnam will have a population of 99 million of people, including a workforce of 57.5 million. Forecasts suggest that people will work in the following sectors:
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Agriculture, forestry and fishery sector - 30% |
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Industry / construction sector - 32% |
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Services sector - 38%. |
Annually, around one million people shift from agriculture to industry and the service sector.
According to statistics, if GDP is maintained at 8% per annum, the average employment growth rate will be 3% during 2011-2020. This equates to 1.6 million people per year (2011-2015) and 1.2 million per year (2016-2020). So by 2020 about 50 million people will be employed.
The economy will require about 27.5 million people to receive vocational training (about 5% of the labour frce). Currently, by economic sector, about 35% of people in the agriculture, forestry and fishery sector receive vocational training. The figure is 63% for the industrial sector and 50% for the services sector. Looking at training levels, 72% have primary level and short-term training of less than three months, while 14.4% have intermediate level training, and 13.6% have diploma level training.
Large organisations report that they will need 60-70,000 workers by 2020, of whom 80% would need to be trained to at least intermediate level. Additionally, the demand for high quality human resources will increase when organisations expand overseas.
With regards to overseas workers, it is estimated that for the period 2009–2020, about 800,000 workers will e employed abroad. All overseas workers must have received vocational training, with half requiring training at least to intermediate level.
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