Strategy report predicts workforce shortage issues - footwearbiz: Lead

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Strategy report predicts workforce shortage issues for Vietnam

10/08/2016
A new government industry development strategy report has predicted that filling job vacancies in Vietnam is likely to become more and more difficult for companies in a number of key industries, including footwear.

The report lays out strategy between now and 2025 but looks ahead to 2035 today. It suggests that Vietnam’s participation in the ASEAN Economic Community (AEC) and the Trans-Pacific Partnership (TPP) will increase inward investment and the number of factories making shoes and other products in Vietnam.

This is likely to make it harder for manufacturers to fill job vacancies as workers come to have a greater choice over the positions they accept.

According to the International Labour Organisation, the number of jobs available to workers in Vietnam is likely to increase by 14.5% between now and 2025.



Related stories:

Vietnam targets leather and footwear exports of $26 billion by 2020 12/04/2017
Vietnam wants to export 2 billion pairs of shoes by 2025 17/03/2017

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