International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 5, 2023
Assessing the Status of the Appointment of Senior Personnel in FDI Enterprises in Vietnam
Author(s): Nguyen Thi Thu Thao, Le Thi Ngoc Thuy, Truong Thi Thanh Tuyen
Abstract:
Since the renovation from a centrally planned economy to a model of a market economy, socialist-oriented, managed and regulated by the State, Vietnam has become the to the potential of foreign investors due to political stability, abundant human resources with cheap labor costs. In the context of the outbreak of the Fourth Industrial Revolution, the competition to attract foreign direct investment (FDI) is increasingly fierce. The speed of technological change is increasing, which will require and place more emphasis on each worker's ability to continuously adapt, learn skills and approach new things in a variety of contexts. Automated machines will replace humans, so the impact of unskilled workers from the 4.0 Revolution is not small and the possibility of being eliminated is very high. It is evidence that competitive advantage has begun to shift from quantity to quality of high-quality human resources, which is considered one of the important factors to attract FDI enterprises to invest in Vietnam. With many foreign-invested enterprises established in Vietnam, the allocation of senior personnel in the enterprise is the most concerned issue. The article focuses on the current labor situation, the appointment of senior personnel of FDI enterprises to evaluate the achieved results, pointing out the limitations, weaknesses and causes. From there, propose appropriate and breakthrough solutions to improve the quality of human resources, appoint senior personnel in line with strategies to attract new generation FDI into Vietnam.
Keywords: Senio Personel, Apointment, FDI, Vietnam
Pages: 1167-1175