HO CHI MINH CITY/HANOI - A new front has opened in the US-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labour, aggravating an existing shortage and prompting calls for education reforms to address the problem.
"Fresh, unskilled people are plentiful, but even basic sewing workers will need training for at least six months, so patience is the key," said Jef Stokes of Maxport, a Vietnam-based garments manufacturer, highlighting a lack of reform in the education system as part of the problem. Accelerating investment in the high-tech sector and companies re-considering their regional supply chains due to the trade war have re-ignited concerns about high-skill labour availability in Vietnam, said Michael Sieburg, of consultancy firm YCP Solidiance.
Nguyen Quang Anh, a 28-year-old software developer from Hanoi said he was approached several times by headhunters before he even graduated. At the launch of its foray into automobiles, Vinfast, at least five members of the founding leadership team were veterans from General Motors, including the CEO.
Every labour also being squeeze, so what is the problems here?
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