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Labour, Infrastructure Issues Hold Back Surging Vietnam Investment - Vimarsana News

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.

Labour, infrastructure issues hold back surging Vietnam investment - Vimarsana News

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. 

Source: yahoo.com