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ADB: Vietnam to deepen skills development for transition to industry 4.0
(CPV) - Viet Nam needs to develop dedicated technical and vocational education and training (TVET) programs to enable its transition to the fourth industrial revolution (4IR), increasing worker productivity and the country’s competitiveness, says a new study of the Asian Development Bank (ADB).
ADB’s study Reaping the Benefits of Industry 4.0 Through Skills Development in Viet Nam examines the logistics and agro-processing industries in Viet Nam which are both important for growth, employment, international competitiveness, and 4IR. It finds that 4IR technologies will eliminate between a quarter and a third of jobs in these industries, but these would be more than offset by new labor demand, which could lead to positive job gains in both sectors. ....

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