Developing Vietnam's semiconductor workforce depends on a collaborative strategy
Vietnam's ability to train a skilled workforce will be a crucial anchor for keeping foreign companies investing in Vietnam.
Vietnam's ability to train a skilled workforce will be a crucial anchor for keeping foreign companies investing in Vietnam.
The Vietnamese government is working with institutions and companies to promote semiconductor innovation and production.
With an abundant labor supply and a skilled workforce, human resources are Vietnam's greatest and most prominent advantage over other countries.
The latest Covid-19 outbreak in the country has delayed the recovery of the labor market, forcing workers, especially women, to seek jobs in informal sectors.
The tax cut would benefit businesses with revenue in 2020 of less than VND50 billion (US$2.16 million) and a workforce not exceeding 100 employees.
Only 11.6% of Vietnam’s 57.5 million workforce are high skilled, and the rate of English proficiency is 5%.