The Report on the Current situation and trends of the implementation of unemployment insurance policies associated with new job creation was issued by the Hanoi Employment Service Center. In particular, the Center forecasts the Hanoi labor market to 2030 and believes that the Hanoi labor market will be closely linked to both the global economic trend and Vietnam's development strategy.
The Hanoi Employment Service Center pays special attention to some key aspects.
A profound shift in the professional structure
By 2030, labor in traditional industries such as garment, footwear, electronics assembly, etc. will gradually decrease in proportion due to automation and production shift to other localities with lower costs. In contrast, the digital economy, creative industries, renewable energy, healthcare technology and healthcare services are expected to grow strongly. This reflects the shift from " laborie-intensive labor" to "gray-quality labor" with a great demand for high-quality human resources.
Expansion of flexible working models
Working remotely, freelance, or working through platforms (Grab, Be, ShopeeFood, Upwork...) will increasingly account for a high proportion of the total workforce, especially the young group. This opens up opportunities for diversification, but also poses risks of lack of legal protection, lack of long-term labor contracts and difficulty in receiving social security.
The emergence of artificial intelligence in human resource governance
AI will not only change the nature of work, but also have a strong impact on the way workers are recruited, evaluated and trained. Businesses will use a data analysis system to forecast human resource needs, screen candidates and track performance. Employees must build digital profiles and maintain personal reputation on online platforms to improve their recruitment opportunities.
The impact of population aging and labor migration
Hanoi is entering a period of rapid aging, the proportion of people over 60 years old will increase sharply by 2030. This has caused the demand for labor in health care services, social security, and health technology to increase significantly. At the same time, the city continues to be a destination for young workers from other provinces, creating great pressure on urban infrastructure, housing and public services, but also helping to supplement the abundant labor supply.
Skills gap and unequal risk
If the education and training system does not adapt in time, the labor market may fall into a state of "less teachers and workers" or vice versa "smooth labor but lack of highly qualified experts". The gap between highly skilled labor groups and unskilled labor groups will become increasingly clear, leading to the risk of income and opportunity inequality.
Based on those 5 forecasts, the Hanoi Employment Service Center believes that Hanoi City needs to build a human resource development strategy until 2030 with three focuses:
Promote mass digital skills training to disseminate basic technical knowledge to all groups of workers.
Promote public-private cooperation in training to connect schools, businesses and the state in forecasting human resource needs and developing appropriate programs.
Reform the social security system to cover both informal labor, labor and flexible working, thereby ensuring "no one is left behind" in the digital transformation process.
