The Silver Economy – Adapting to The Aging Population Trend in Asia

Europe is not the only region in the world affected by demographic shifts – Asia’s population is also aging. According to projections by the United Nations Population Fund (UNFPA), the proportion of elderly people aged 60 and over in the Asia-Pacific region is expected to increase from approximately 14% in 2022 to nearly 26% by […]

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Competency-Based Interview: Why using it is so important?

Incorporating profiles with high potential into your organization is a critical aspect of recruitment. Competency-based interview is a crucial methodology and serve as an assessment tool in the talent acquisition process, aiding in the selection of candidates possessing essential qualities aligned with the company’s needs and priorities. Identifying the best-fit candidates who meet these competencies

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Vietnam’s Semiconductor Industry – Potential and Challenges

The semiconductor chip shortage during the Covid pandemic has ‘paralyzed’ production lines in several countries. In this context, the semiconductor industry in Southeast Asia has emerged as a solution, with Vietnam becoming a focal point in the global semiconductor investment chain. However, this industry also presents significant opportunities and challenges regarding human resources and supply

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Vietnam’s Silver Economy – A Potential Market Being Overlooked

The economic sector serving the elderly, also known as the “silver economy,” is becoming a new growth engine in many countries around the world, including Vietnam. According to United Nations estimates, by 2030, people aged 50 and over will account for 32% of the total population in the Asia-Pacific region. In this region, the “silver

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Navigating Career Transitions- Guide on How to Switch Industries

In today’s dynamic and ever-evolving job market, professionals are increasingly finding themselves at crossroads, contemplating a switch from their current industry to explore new horizons. Whether driven by a desire for personal growth, a change in passion, or the pursuit of better opportunities, making a successful transition between industries requires careful planning and strategic decision-making.

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Vietnam’s Economic Outlook – Key Trends & Growth Drivers for 2025

At the close of 2024, Vietnam is estimated to have achieved a GDP growth rate exceeding 7%. With this growth rate, Vietnam ranks among the fastest-growing countries in the region and globally. Looking ahead to 2025, many international organizations express optimism about Vietnam’s economic growth prospects. Global Economic Landscape in 2024 The global economy in

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The Role of Mentors in Your Career Development

In the intricate landscape of professional growth, mentorship stands out as a guiding beacon, offering invaluable support, wisdom, and opportunities. A mentorship is not just a professional relationship; it’s a transformative journey that plays a pivotal role in shaping careers and fostering personal development. This article delves into the significance of mentorship in career development,

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The Impact of Digitalization on Vietnam’s Job Market – Skills in High Demand

In recent years, Vietnam’s job market has experienced a significant transformation, driven by the rapid pace of digitalization. As the country continues to embrace technological advancements across various industries, the demand for a new set of skills has emerged. This shift is not only reshaping the landscape of employment but also highlighting the crucial need

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Labor Market and Economic Growth Facing The Challenge of Population Aging

While population aging has been recognized as a longstanding concern for European and American nations, it is now emerging as a formidable challenge for populations across Asian countries, notably in the East Asia and Pacific region. According to UNFPA Vietnam, Vietnam is one of the countries with the fastest population aging rates in the world.

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