Submit your papersSubmit Now
For Enquiries: [email protected]
IIARD LogoIIARD

Challenges in Developing Human Resources to Meet the Demands of the Digital Economy: A Multi-Faceted Analysis from the Perspectives of HR Managers and Training Institutions in Vietnam

Do Thi Dinh - Tran Dinh Trinh

Abstract

This study aims to deeply analyze the nature of the "digital skills gap" in Vietnam by juxtaposing the multi-faceted perspectives of the demand side (enterprises) and the supply side (training institutions). Using a qualitative research method with a multiple case study design, the study conducted 18 semi-structured in-depth interviews with senior human resources managers and training managers at leading enterprises and universities. The research findings reveal a systemic mismatch: while enterprises demand a workforce with work-ready skills, including both specialized hard skills (AI/ML, DevOps) and especially soft skills for the digital environment (critical thinking, self-learning, online collaboration), training institutions face inherent barriers such as slow curriculum update processes, limitations in financial and human resources, and collaborations with businesses that remain superficial. Therefore, the study posits that the skills gap is not the fault of any single party but a systemic failure. The study proposes significant practical implications, including the development of substantive collaborative models like "Work-Integrated Learning" (WIL), "Joint Innovation Labs," and the establishment of a national "Open Digital Skills Framework" to create a common language and direction for the entire system. The novelty of the research lies in its multi-faceted qualitative approach, creating a "dialogue" between labor supply and demand, thereby clarifying the root causes and systemic nature of the problem, rather than merely describing its symptoms.

Keywords

Digital skills gapHuman resource developmentDigital economyUniversity-industry collaboration.

References

Acemoglu, D., & Autor, D. H. (2011). Skills, tasks and technologies: Implications for employment and earnings. In O. Ashenfelter & D. Card (Eds.), Handbook of Labor Economics (Vol. 4, Part B, pp. 1043-1171). Elsevier. Allen, J., & van der Velden, R. (2001). Educational mismatches versus skill mismatches: Effects on wages, job satisfaction, and on-the-job search. Oxford Economic Papers, 53(3), 434–452. Braun, V., & Clarke, V. (2006). Using thematic analysis in psychology. Qualitative Research in Psychology, 3(2), 77-101. Central Institute for Economic Management (CIEM). (2020). Vietnam's digital economy: Some obstacles and policy implications. Finance Publishing House. Creswell, J. W., & Poth, C. N. (2018). Qualitative inquiry and research design: Choosing among five approaches (4th ed.). Sage Publications. Deming, D. J. (2017). The growing importance of social skills in the labor market. The Quarterly Journal of Economics, 132(4), 1593–1640. Frey, C. B., & Osborne, M. A. (2017). The future of employment: How susceptible are jobs to computerisation?. Technological Forecasting and Social Change, 114, 254-280. Herbert, G., & Loudon, L. (2020). The size and growth potential of the digital economy in ODA-eligible countries. Hanushek, E. A., Piopiunik, M., & Wiederhold, S. (2019). The value of smarter teachers: International evidence on teacher cognitive skills and student performance. Journal of Human Resources, 54(4), 857-899. Botri?, V., Boži?, L., & Tomi?, I. (2022, April). Skills shortages in post-transition economies. In Eurasian Business and Economics Perspectives: Proceedings of the 35th Eurasia Business and Economics Society Conference (pp. 51-68). Cham: Springer International Publishing. Prime Minister. (2020). Decision No. 749/QD-TTg dated June 3, 2020, approving the "National Digital Transformation Program to 2025, with orientation to 2030". Schwab, K. (2017). The Fourth Industrial Revolution. Crown Business. Tapscott, D. (1996). The Digital Economy: Promise and Peril in the Age of Networked Intelligence. McGraw-Hill. World Bank. (2021). Vietnam: Digital transformation for a productive and innovative economy. World Bank Group. World Economic Forum. (2020). The Future of Jobs Report 2020. World Economic Forum. Yin, R. K. (2018). Case study research and applications: Design and methods (6th ed.). Sage Publications.

More Articles from IIARD INTERNATIONAL JOURNAL OF ECONOMICS AND BUSINESS MANAGEMENT