Labour, infrastructure issues hold back surging Vietnam investment

According to the labour ministry, only about 11 per cent of the domestic labour force is deemed highly skilled, while 26 per cent are trained workers with degrees and certificates. - VNA/VNS

HANOI (AFP): President Joe Biden visits Hanoi Sunday (Sept 10) to boost economic ties as Washington looks to move away from over-reliance on China, but a lack of highly skilled labour and infrastructure weaknesses mean Vietnam may struggle to replace its neighbour.

Vietnam has become an increasingly important destination for some of the world's top companies -- including Samsung and Apple supplier Foxconn -- as concerns escalate over tensions between the US and China.