Vietnam Digital Readiness Report
PwC Vietnam’s survey on technology, jobs and skills
|
89% believe automation brings more opportunities than risks while 45% also expressed concerns about automation putting jobs at risk. |
90% believe that technology will change the ir current jobs in the medium term (6-10 years), while 83% believe they will feel the impact in the short term (3-5 years). |
84% would learn new skills now or completely retrain in order to improve future employability. |
55% say it is the responsibility of individuals to reskill. However, businesses and governments can play important roles in addressing the upskilling gap. |
|
A new world
Our world today is facing a skills crisis. Technology has developed at breakneck speed, resulting in a shortage of qualified talent for jobs created by the new digital economy. The rise of automation is putting jobs in various industries at risk. COVID-19 has further accelerated these trends which together have broadened the skills gap between today’s employees and the workforce of the future.
How ready are Vietnamese people to face this digital world?
Do Vietnamese people feel they are equipped with the relevant skills needed to help them work alongside technology? We sought to find out through a survey that was released to the Vietnamese public from 12 November 2020 to 27 December 2020. Our survey brought in a total of 1146 responses. The key findings as voiced by our respondents are reflected here.
Digital readiness is defined by the level of human capital development that is needed to build a workforce capable of utilising and creating technology on a continuous basis.
Explore the key findings
What do Vietnamese people think about technology?
Technology offers more opportunities than risks: Vietnamese people are more optimistic than their global counterparts.
- 85% of respondents said that it presents more opportunities than risks. This level of optimism is higher than the global average of 50%.
- 89% of respondents said that they had positive feelings about the role of technology in their jobs. Globally, a majority (61%) were positive about the impact of technology.
Vietnamese people believe that technology will benefit their future careers.
- 90% of our respondents overwhelmingly think that technological developments will improve their job prospects in the future. This level of optimism is higher than global level (60%).
Despite the optimism, there are concerns around job security.
- 45% of respondents are worried that automation will put jobs at risk.
What's next?
The need to upskill is a complex problem that will require decision-makers - governments, educators, and business leaders - to come together.
- Government leaders and policymakers need to ensure that citizens have the knowledge to participate, and they themselves have the knowledge to drive discussion on the future of technology and regulation.
- Institutions, such as those that make up the education system, need to transform themselves digitally and, at the same time, provide services that are fit for the future.
