Golden opportunity to develop innovative human resources in Vietnam

Golden opportunity to develop innovative human resources in Vietnam

03/10/2021
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On the morning of October 1, 2021, the United States Agency for International Development (USAID) and the National Center for Innovation, the Ministry of Planning and Investment announced the activity "Human resources for innovation - Ecosystem of innovation". entrepreneurship” (USAID WISE). The two-year, USAID-funded activity aims to support the Vietnamese government in its National Strategy for the Fourth Industrial Revolution (Industry 4.0), to further promote innovation in the growth model. economic chief.

2 million USD to help Vietnam improve human resources

Ann Marie Yastishock, Director of the United States Agency for International Development in Vietnam, said the training was funded by USAID with a budget of about $2 million. The activity is within the framework of USAID's Asia Economic Growth Support Program, with the overall goal of analyzing, designing, and implementing pilot projects/activities in all fields for development. economy, which includes human resource development 4.0. Ann Marie Yastishock, USAID WISE will support scalable, market-oriented and sustainable models to build Vietnam's human resources ready for Industry 4.0 through partnerships. with the private sector.

In Vietnam, sharing with partners attending the USAID WISE Program Announcement event on the morning of October 1, 2021, Deputy Minister of Planning and Investment Tran Duy Dong said, according to the report on index ranking. Global Innovation (GII) in 2021 was recently announced by the World Intellectual Property Organization (WIPO), Vietnam ranked 44th out of 132 countries/economy. In the context of the complicated developments of the COVID-19 pandemic with many unpredictable impacts, greatly affecting the economy - society, science - technology and innovation globally, the fact that Vietnam still maintains Being in the TOP 50 leading countries is a huge effort.

1318 1.10 ThY trYYng TrYn Duy Yong

Deputy Minister of Planning and Investment Tran Duy Dong (photo: Duc Trung)

The Deputy Minister shared, as a general advisory agency on strategies for the Party and Government, since 2019, the Ministry of Planning and Investment has advised the Prime Minister to establish the Innovation Center. The National Institute (NIC) aims to realize Vietnam's innovation aspirations, guidelines and orientations in the 4.0 Revolution, through activities to support and develop the innovation ecosystem and start-ups. contribute to innovating the growth model on the basis of science and technology development and innovative business and management models.

Up to now, Vietnam's innovation ecosystem has passed the stage of development in quantity, has now entered a critical stage, requiring a lot of in-depth investment to be able to create innovative start-ups. Created with high quality and international level. To do this, human resource development is identified as one of the most important foundations. However, Vietnam's high-quality human resources in the fields of information technology, computer engineering, automation... have not yet met the needs of the market.

To solve the problem of high-quality human resources, make the most of technological advances to improve labor productivity, efficiency and enhance the new competitive advantage of the economy, Vietnam needs advanced training. training and retraining domestic human resources, meeting the needs of the economy in the digital era, and adapting to the post-COVID-19 "new normal".

With that view, the Deputy Minister affirmed that the cooperation between the National Innovation Center - the Ministry of Planning and Investment and the United States Agency for International Development (USAID) to carry out the activity "Human Resources for innovation and startup ecosystem” (WISE) is absolutely necessary and timely to improve the quality of human resources for Industry 4.0 and towards the digital economy in Vietnam.

5 basic goals of the USAID WISE . project

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In the next 2-3 years, Vietnam has a golden opportunity if it invests heavily in human resource development

According to the orientation of the Ministry of Planning and Investment, WISE activities aim to achieve 5 basic objectives: (1) Basic digital skills training for students and newcomers to the labor market; (2) Building a dynamic, quality market for advanced training and retraining in digital skills; (3) Promoting innovation in innovative financial products for education; (4) Capacity building for organizations and enterprises involved in human resource development for innovation and digital transformation; (5) Effectively building and operating the Partnership Program for Human Resource Development, Innovation and Industry 4.0.

Accordingly, WISE needs the participation of 3 objects: Supply (training institutions), Demand (employers), Intermediaries (financial partners, recruitment support organizations and organizations). other interested parties). Mr. Pham Quang Vinh, USAID WISE project manager in Vietnam, said, “The project builds an open forum that connects interested parties and is able to contribute to human resource training and search opportunities. association, cooperate to achieve the set goals. The project has a term of 2 years in Vietnam.

Deputy Minister Tran Duy Dong said that the world is entering the third decade of the 21st century with the rapid changes of the Industrial Revolution 4.0, spreading widely in all aspects and areas of economic life. economic, social. The Deputy Minister believes that the WISE project will achieve the set goals, because Vietnam has a young workforce, a high number of internet users, and quick access to technology. “This is an advantage for Vietnam to be able to improve the quality of human resources for innovation and digital technology, helping Vietnamese businesses to deeply participate in the digital economy and take advantage of the achievements of the Industrial Revolution. 4.0”, said the Deputy Minister.

Golden opportunity for Vietnam to develop innovative human resources

The Covid-19 pandemic has caused enormous damage to humanity globally, but has created an unprecedented impetus for the development of new economic sectors, based on AI and technology. In Vietnam today, project experts assess that there are two economic systems operating together. One is the traditional economic system (textiles, footwear, furniture, etc.) that competes with low costs and abundant labor. The second is a system of new economic sectors with competitive advantages by creating different and valuable products and services. “For Vietnam to achieve its development goals in the medium and long term, it is necessary to create connections and promote these two economic systems to integrate and utilize each other's capabilities, especially in the Many economies around the world are moving very quickly in developing a new economic system,” shared Mr. Pham Vinh Quang, USAID WISE project manager.

Human resources are the most important key in creating the combination of two economic systems operating in Vietnam. The USAID WISE project will train and re-train human resources in working age or fresh graduates, to help them improve their skills, grasp the knowledge of the new economic system, and then seek get better jobs, contribute to the businesses and organizations they work for become more effective.

Vu Duy Thuc, founder of OhmniLabs, said that in the next 2-3 years, Vietnam has a golden opportunity if it invests heavily in human resource development. If the US, China, and Europe are the leading economies in the world in innovation and creativity, then Vietnam has the advantage in learning, in terms of a young, smart population, and especially in the economy. The country has a clear strategy and goals for the next 5-10 years on science and technology development and on AI. Thuc said that, in the global picture, Vietnam can go from an AI training background, because AI is used in many fields, capable of creating services that change the business position. , can create new products, make a difference. The opportunity for Vietnam to develop human resources and build a competitive position is now, because if it is slow to invest in human resources, countries in the same region may make faster progress. It's very difficult for us to keep up with each other.

The world changes very quickly, the past 5-10 years have been extremely fast. In the current context, does Vietnam's information technology industry have the opportunity to make a leap? Mr. Do Hoang from FPT Software is optimistic that Vietnam certainly has an opportunity. “The world today is no longer a big company swallowing a small company, but a company with different technology, or going faster will win. This is a golden opportunity for Vietnam to train personnel,” said FPT Software's leader.

Tuong Vi (Economics and Forecasting Magazine)

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