competitiveness of Vietnam s Engineering Workforce

Transcription

1 competitiveness of Vietnam s Engineering Workforce Education Background.... p3 Professional Performance... p7 Compiled by TMA Solutions The leading software outsourcing company in Vietnam

2 HIGHLIGHTS Top 10 Countries in the World with the Most Engineering Graduates Top 10 Countries of Origin of Int l Students in Key Study-Abroad Markets World Economic Forum - Human Capital Report 2015 IIE - Institute of International Education, 2016 Japan Student Services Organization, 2016 Australian Government, End of Year Summary of International Student Enrollment Data, 2016 Top 30 Countries in the World and Top 2 in SEA for Basic Academic Skills OECD PISA rankings 2015 Top 10 Countries in Asia Pacific with the Highest Human Capital Index World Economic Forum - Human Capital Report 2016 Top 7 Countries in Asia with the Highest EF EPI Average Top 5 Countries in Asia with the Fastest Improvement in English skills English Proficiency Index, 2018 Top 10 in Regional Group in Attraction and Global Knowledge Skill Global Talent Competitiveness Index,

3 Top 10 Countries in the World with the Most Engineering Graduates # Country Number of annual graduates 1 Russian Fed. 454,436 2 United States 237,826 3 Iran 233,695 4 Japan 168,214 5 Korea 147,858 9 France 104,746 Rapid development of IT majors in Vietnam universities provide an extensive supply of software developers for Vietnam software outsourcing companies in the years to come 10 Vietnam 100,390 Source: World Economic Forum Human Capital Report 2015 Education background 3

4 Top 10 Countries of Origin of International Students Destination countries Vietnam s ranking US 6 21,403 Japan 2 53,800 Australia 5 29,766 # of Vietnamese students Sources: IIE - Institute of International Education, 2016 Japan Student Services Organization, 2016 Australian Government, End of Year Summary of International Student Enrollment Data, 2016 When these students return home, they help boost the productivity, English communication, and interpersonal skills of the local labor force Education background 4

5 Top 30 Countries in the World for Basic Academic Skills The research was based on the results of a two-hour problem solving test sat by 540, year-olds from 72 countries MATH READING SCIENCE 1 Singapore 1 Singapore 1 Singapore 2 Hong Kong 2 Hong Kong 2 Japan 3 Macao 3 Canada 3 Estonia 22 Vietnam 30 Vietnam 8 Vietnam Among countries in South East Asia, Vietnam ranked 2nd for all subjects, following Singapore, and far outscored other countries in the region. 25 Australia 32 Italy 11 Korea 27 UK 38 Hungary 12 New Zealand Source: OECD, PISA rankings 2015 Education background 5

6 Top 5 Countries in the World with the Highest Achievement in International Olympiad Vietnam at International Olympiad International Mathematical Olympiad 2017 (IMO) International Chemistry Olympiad 2017 (IChO) International Physics Olympiad 2017 (IPhO) Ranked 3/111 2/76 5/86 Source: Vietnam at International Mathematical Olympiad, 2017 Vietnam at International Chemistry Olympiad, 2017 Vietnam at International Physics Olympiad, 2017 Vietnamese education does a good job at imparting basic cognitive skills, together with excellent performance in Mathematical Olympiad, Chemistry Olympiad and Physics Olympiad. Education background 6

7 Top 10 Countries in Asia Pacific with the Highest Human Capital Index Overall index age group 1 Japan 1 Australia 2 New Zealand 2 New Zealand 3 Singapore 3 Japan 7 Thailand 6 Vietnam 10 Vietnam 7 Korea, Rep. 11 China 8 Thailand 12 Indonesia 10 China With positive ranking in current and especially future human capital resources, Vietnam is promisingly a new outsourcing powerhouse for many multi-national companies in the world. Source: World Economic Forum Human Capital Report 2017 Professional Performance 7

8 Top 5 Countries in Asia with the Fastest Improvement in English skills EF EPI Score Change ( ) Vietnam showed some of the fastest gains in English proficiency, over the 7 year period (2007 to 2013) Source: English First English Proficiency Index, 2014 Professional Performance 8

9 Top 7 Countries in Asia with the Highest EF EPI Average Asia Regional Ranking In Vietnam, English is used extensively for trade, international business, manufacturing, and it is increasingly used in the academic world. Source: English Proficiency Index, 2018 Professional Performance 9

10 Top 10 in Regional Group in Attraction and Global Knowledge Skill ATTRACT GLOBAL KNOWLEDGE SKILL (GK SKILL) 1 Singapore 1 Singapore 2 Australia 2 Australia 3 New Zealand 3 New Zealand 5 Japan 5 Japan 8 Thailand 8 Malaysia 9 Korea, Rep. 9 Vietnam 10 Vietnam 10 Mongolia Source: Global Talent Competitiveness Index, 2017 It is evident that Vietnam still remains its position as one of the top options for foreign investment, as well as the high ranked in global knowledge skill compared to countries in Eastern, Southeastern Asia and Oceania. Professional Performance 10

11 DOWNLOAD Full report Presentation version Compiled by TMA Solutions The leading software outsourcing company in Vietnam 11

12 For more information about Vietnam software outsourcing Please contact TMA Market Research Team at or visit A wide range of whitepapers, infographics, presentations, etc. about various aspects of Vietnam software outsourcing are available for you to download. As the industry pioneer, with 18 years of experience in Vietnam software outsourcing, and a passion to help put Vietnam on the World Map of Offshore Development by Exemplary Quality and Customer Focus, we are pleased to provide you with the comprehensive support you need to get started in Vietnam. TMA Solutions The leading software outsourcing company in Vietnam