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Human Capital Potential

Vietnam’s youth possess high human capital potential. The World Bank’s Human Capital Index (HCI) measures actual and potential productivity levels for the next generation of workers. Despite being a lower-middle-income country, Vietnam is among the top(quartile) performers worldwide in terms of the HCI, not only outperforming other countries in the East Asia and Pacific (EAP) region, but also significantly surpassing other lower middle-income countries (LMICs). According to t

Empowering the youth in the employment field of unemployment

#youthmpower #unemployment #youthwork #youth Youth unemployment refers to the share of the labor force aged 15–24 without work but available for and seeking employment. Southeast Asia has a high youth unemployment rate which is mostly driven by the high rates in Indonesia, the Philippines, and Timor-Leste. Young people account for a large share of the labor force with nearly half (49.5 percent) aged between 15 and 39 years. Making its transition to a higher value economy, Vie

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