Electronics manufacturing offers most jobs in Vietnam

According to the report, electronics manufacturing accounted for 8.66% of all employment opportunities available in Vietnam in 2021 and was the largest of all industrial sectors in Vietnam. Vietnam Express..

The electronics manufacturing industry recorded an average monthly income of VND7.2 million (US $ 307.6) in 2021, which is higher than that of the garment and machinery manufacturing industry.

According to the Vietnam Chamber of Commerce (VCCI), electronics manufacturing accounted for one-third of Vietnam’s total exports of US $ 108 billion in 2021. In 2021, it employed 1.3 million workers, most of whom had low-skilled jobs. In addition, about 5% of industry employers show that workers do not meet basic skill requirements.

VCCI and the International Labor Organization conducted a joint survey of 44 manufacturers in Vietnam in 2021, with 60% of respondents raising medium to large-scale issues and 50% of executives and managers. We saw the lack of professional skills in Vietnam as a major challenge.

According to the Ministry of Information and Communications of Vietnam, Vietnam-based IT makers generated total revenue of US $ 72.5 billion in the first half of 2022, an increase of 17.8% over the previous year. Of the revenue, US $ 29.1 billion was from PC exports and US $ 27.9 billion was from electronic component and product exports, up 21.8% and 11.2% year-on-year, respectively.

According to Vietnam News Agency, Vietnam-based ICT manufacturers had total operating revenue of $ 5.9 billion, up 13% and 17% year-on-year, compared to total revenue of $ 77 billion in the first half of 2022.

According to the ministry, the number of Vietnam-based digital technology companies increased from about 63,880 at the end of December 2021 to about 67,300 at the end of June 2022. Vietnam aims to increase the number to 80,000 by 2025 and 100,000 by 2030, and such companies will account for 6.0-6.5% of GDP by 2025, the ministry said. Electronics manufacturing offers most jobs in Vietnam

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