Vietnam to Focus on Semiconductor Chips, Hydrogen, and Carbon Credits in Vocational Training Over Next Decade
Key Ideas
  • Ministry of Labour, Invalids and Social Affairs in Vietnam to prioritize skilling up the workforce in semiconductor chips, hydrogen, and carbon credits fields as per Minister Dao Ngoc Dung's directive.
  • Focus on perfecting policy and legal systems, improving labour market intermediaries, and enhancing workforce supply-demand connections.
  • Initiatives include implementing social insurance and unemployment policies, boosting training and retraining programs, and forecasting job supply and demand for a skilled workforce.
  • Vietnam aims to stabilize the labour market, increase job opportunities, and manage Vietnamese workers abroad more effectively, in line with the Vocational Education Development Strategy.
In Vietnam, the Ministry of Labour, Invalids and Social Affairs is set to concentrate on vocational training for semiconductor chips, hydrogen, and carbon credits industries over the next decade. Minister Dao Ngoc Dung emphasized the need to enhance the workforce's skills in these strategic sectors. The ministry plans to refine policies, improve labor market intermediaries, and strengthen the connection between workforce supply and demand. Initiatives also include implementing social insurance and unemployment policies, as well as enhancing training programs for a highly skilled workforce. Furthermore, efforts will be made to analyze job supply and demand, create sustainable job opportunities, and enhance policy dialogue to foster stable labor relations. The ministry's focus on vocational education aligns with the goal of developing a skilled workforce in various sectors. Additionally, Vietnam aims to maintain a stable labor market, boost economic development, and effectively manage Vietnamese workers abroad. The report from the Ministry for the first half of the year highlights the successful implementation of various tasks in the labor sector, contributing significantly to the nation's progress. Noteworthy achievements include the submission of the amended Law on Social Insurance for government approval and the continuous improvement of legal frameworks related to labor and social services. Vietnam also plans to intensify measures to stabilize the foreign labor market, with a focus on recruiting, training, and managing Vietnamese workers sent abroad under contracts. The Vocational Education Development Strategy for 2021-2030 with a vision to 2045 will guide the ministry's actions in enhancing vocational training, especially for rural workers and ethnic groups. By focusing on skill development in key industries and fostering a highly skilled workforce, Vietnam aims to drive economic growth and create sustainable employment opportunities.
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