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Labour, infrastructure issues hold back surging Vietnam investment

Labour, infrastructure issues hold back surging Vietnam investment
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South koreaWorld bankDistrict of columbiaUnited statesRepublic ofVinh phucHan iHo chi minh cityH chíinhNguyen anh tuanAdam sitkoffMatt kantrudJoe bidenCentre of forecasting manpower needsSamsung electronicsForeign investment agency

Vietnam is catching U S attention as an alternative to China

Vietnam is catching U S attention as an alternative to China
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United statesHan iRepublic ofHo chi minh cityH chíinhAdam sitkoffMatt kantrudJoe bidenWorld bankHanoi american chamberElectronic directorPhoto internetChi minh city

Labour, Infrastructure Issues Hold Back Surging Vietnam Investment

President Joe Biden visits Hanoi Sunday to boost economic ties as Washington looks to move away from over-reliance on China, but a lack of highly skilled labour and infrastructure weaknesses mean Vietnam may struggle to replace its neighbour.

United statesRepublic ofWorld bankDistrict of columbiaHan iHo chi minh cityH chíinhVinh phucSouth koreaMatt kantrudNguyen anh tuanAdam sitkoffJoe bidenHeesung electronics vietnamAmerican chamberForeign investment agency

Labour, infrastructure issues hold back surging Vietnam investment

President Joe Biden visits Hanoi Sunday to boost economic ties as Washington looks to move away from over-reliance on China, but a lack of highly skilled labour and infrastructure weaknesses mean Vietnam may struggle to replace its neighbour.Only about 11 percent of the domestic labour force is deemed highly skilled, while 26 percent are trained workers with degrees and certificates, according to the labour ministry.

Vinh phucHan iRepublic ofSouth koreaHo chi minh cityH chíinhUnited statesWorld bankDistrict of columbiaMatt kantrudAdam sitkoffJoe bidenNguyen anh tuanForeign investment agencySamsung electronicsAmerican chamber