Choke point: Vietnam skilled labour squeezed by Sino-U.S. trade war [Reuters]
ManpowerGroup (MAN)
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Source: Reuters
Choke point: Vietnam skilled labour squeezed by Sino-U.S. trade war - Reuters 6 Min Read * Supply chain shift putting pressure on lack of skilled labour * IT workers, engineers, managers in tight supply * Vietnam suffering capacity issues in wake of trade war * Vietnamese education system lacks reform, analysts say * For a graphic, click: tmsnrt.rs/2OwxQ0x By James Pearson and Phuong Nguyen HO CHI MINH CITY/HANOI, Oct 11 (Reuters) - A new front has opened in the U.S.-China trade war as companies shifting manufacturing to Vietnam engage in a fierce battle for skilled labour, aggravating an existing shortage and prompting calls for education reforms to address the problem. Vietnam has emerged as one of the largest beneficiaries of the trade spat between Washington and Beijing. Exports to the United States were up 21.5% in the first eight months of this year, and several companies including Google parent Alphabet Inc and Nintendo have announced new plans to open facilities in the country
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