Reforms to ensure higher economic growth as Vietnam’s population ages
Vietnam’s labor force is projected to contract by almost one percent per annum over the next three decades, creating headwinds to sustaining high economic growth rates.
Vietnam’s labor force is projected to contract by almost one percent per annum over the next three decades, creating headwinds to sustaining high economic growth rates.
The number of Vietnamese women accounts for half of the labor force but less than one-fourth of overall management roles.
With a projected contraction of the nation’s labor force by 5% by 2040 due to an aging population, the challenge for manufacturers will be to attract and retain quality workers.