As we celebrated International Youth Day on August 12, we reflect on the progress made in ensuring that the youth of Vietnam are on a pathway to greater upwards economic mobility. Achieving this requires the full utilization of their human capital potential by providing high-quality education, training, and better employment opportunities to meet the rising aspirations and talents of today’s young generation.
In Vietnam, only 9% occupations were high-skilled in 2021, according to ILOSTAT. By contrast, data from ILOSTAT also shows that high-skilled jobs accounted for over half of all occupations in the United Kingdom. Closer to home in neighboring Singapore, nearly 65% of workers are in high-skilled roles (data excludes employment not classified).