Nearly half of Vietnamese fear job losses due to automation

In this article (4)
Forty-five percent of Vietnamese are worried about losing their jobs to machines in the future, a survey has found.
Most respondents, 83 percent, think technology would change their jobs in the next 3-5 years, and 90 percent think that would happen in the next 6-10 years, according to the survey by global accounting giant PwC, which polled over 1,100 people in November and December last year.
This poses a demand for enabling a future-ready workforce, it said.
Dinh Thi Quynh Van, general director of PwC Vietnam, said: “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 also caused for optimism, with 90 percent saying it would improve their job prospects in the future.
In comparison, a 2019 PwC report said the global rate was 60 percent.
Grant Dennis, chairman PwC Vietnam, 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.”
Nearly nine out of 10 people said they are provided with opportunities to various extents to improve their digital skills at work, indicating that businesses are doing their part to meet the upskilling needs of their workforce.
Some 93 percent of respondents said they are already making efforts to reskill and upskill to adapt to technological changes.
Questions & Answers
Q.What percentage of Vietnamese people believe technology will change their jobs in the near future?
What percentage of Vietnamese people believe technology will change their jobs in the near future?
Most respondents, 83 percent, think technology will alter their jobs within the next three to five years. This percentage rises to 90 percent when considering the six to ten year timeframe, according to the PwC survey findings.
Q.How do Vietnamese people generally feel about the impact of technology on their job prospects?
How do Vietnamese people generally feel about the impact of technology on their job prospects?
Despite some concerns, there is considerable optimism regarding technology's impact on job prospects. Ninety percent of those surveyed believe that the evolution of technology will actually improve their future job opportunities.
Q.What actions are businesses and employees taking to adapt to technological changes in Vietnam?
What actions are businesses and employees taking to adapt to technological changes in Vietnam?
Businesses are providing opportunities for nearly nine out of ten people to improve their digital skills at work. Also, 93 percent of respondents report they are personally making efforts to reskill and upskill to adapt.
Reader pulse
How should retailers respond?
21,553 votes so far