Asia Business Channel

Forty-five percent of Vietnamese fear losing their jobs because of technology

Car bodies being manufactured by robot arms / Photo courtesy of VNExpress.

 

According to a newly released survey from PwC Vietnam, 45% of Vietnamese employees are worried about losing their jobs to technology in the future. The survey received responses from more than 1,100 people, and found that 83% of the respondents think that technology will change their jobs within the next 3 to 5 years, and 90% think that this will happen in the next 6 to 10 years.

PwC says that this poses a demand for enabling a future-ready workforce.

Dinh Thi Quynh Van, General Director of PwC Vietnam discussed the survey results and said that: "While an upgrade or investment in technology can be immediate, equipping people with the right skills to meet the needs of the future, helping them thrive in the changing conditions of the digital world require time and constant effort."

The evolution of technology was also cause for optimism, with 90% saying it would improve their job prospects in future. In comparison, a 2019 PwC report on the evolution of technology found that the global rate was 60%.

 

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Grant Dennis, Chairman of PwC Vietnam also discussed the survey and said: "Our survey findings reflect the accelerated presence and influence of technology in the workplace and the pace of change that is to come in Vietnam."

Nine out of 10 survey respondents said they are provided with opportunities, to various extents, to improve their digital skills at work, which indicates that businesses are aware of their responsibility in providing technology education and training to their workforce.

A surprising data set from the survey finds that 93% of respondents said they are already making efforts to reskill and upskill their technology skills in order to adapt to new technologies and technology changes in their companies.

 

 

 

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