Viet Nam Human Rights
Vietnam's human capital index improves
A new report by the World Bank Group pointed out that between 2010 and 2020, the Human Capital Index for Vietnam increased from 0.66 to 0.69.
This means a child born in Vietnam today will be 69 percent as productive when they grow up as they could have been if they enjoyed complete education and full health.
The score is well above the world's average of 0.56. It is higher than the average for East Asia and Pacific region, as well as for lower-middle-income countries.
An above average score has enabled Vietnam to reach 38th position among 174 economies in the 2020 Human Capital Index.
The index’s components include the probability of survival to age five, expected years of school, harmonised test scores, learning-adjusted years of school, adult survival rate and healthy growth (not stunted rate).
A breakdown of the index shows 98 out of 100 children born in Vietnam survive to age five; a Vietnamese boy or girl attending school at the age of 4 can complete 12.9 years of school, or high school, by the age of 18; and 76 percent of children are not stunted.
Vietnamese students received 519 points in Harmonized Test Scores (HTS), a level similar to countries like Sweden, the Netherlands, and New Zealand. HTS measures how much children learn in school based on countries' relative performance on international student achievement tests, where 625 represents advanced attainment and 300 represents minimum attainment.
Furthermore, 87 percent of 15-year-olds will likely live until the age of 60 in Vietnam.
According to the report, Vietnam’s Human Capital Index continues to be higher than the average for countries of the same income level despite the level of public spending on health, education and social assistance being lower than that of its peers.
In Southeast Asia, Vietnam ranked above Brunei (56th), Malaysia (62nd), Thailand (63rd), Indonesia (96th), the Philippines (103rd), Cambodia (118th), Myanmar (120th), Laos (126th) and Timor-Leste (128th).
The World Bank Group’s 2020 Human Capital Index (HCI) includes health and education data for 174 countries – covering 98 percent of the world’s population – up to March 2020, providing a pre-pandemic baseline on the health and education of children.
The HCI, first launched in 2018, measures the amount of human capital a child born today can expect to attain by age 18.
It conveys the productivity of the next generation of workers compared to a benchmark of complete education and full health./.
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All comments [ 20 ]
Vietnam is developing the strategy for education and training development while the country is step by step integrating into the world
Vietnam’s Human Capital Index continues to be higher than the average for countries of the same income level despite the level of public spending on health, education and social assistance being lower than that of its peers.
In Vietnam's strategies, education and training strategy must be the key to narrow such a gap, push up the industrialization and modernization, make the economy grow and improve the people's living standards
The prospects for human resource development in Vietnam are relatively bright
The country's workforce has the capacity to augment its current skill level through education and training, as revealed by the country's relatively strong human development index
All educational levels have to implement education for full development of personality in terms of characteristics and capability intellect and emotion, health and sense of beauty, improving the love for the country and socialism, building the will to make the nation prosper.
Vietnam is a booming country that has seen sweeping market reforms since the 1980s, as the Communist government has moved from a command-style economic system to a more open capitalist system without relinquishing political control.
Vietnam, a country of 92.7 million people (2016, World Bank), has transformed from an impoverished, war-ravaged country to a newly industrialized “tiger cub” with one of the most dynamic economies in the world
the economic outlook for Vietnam looks bright
One of Vietnam’s strategies to achieve further economic growth is the modernization of its education system,
The government is trying to expand English-language education in Vietnam, and promote transnational cooperation and exchange with countries like Australia, France, the U.S., Japan, and Germany
Vietnam has also acceded to international education agreements, such as the Asia-Pacific Convention on the Recognition of Qualifications in Higher Education. Study abroad of Vietnamese students and scholars is explicitly promoted, while the government simultaneously seeks to increase the number of foreign students and researchers in Vietnam.
Vietnam has invested heavily in human and physical capital, predominantly through public investments.
The Human Capital Index is a report prepared by the World Bank. The Index measures which countries are best in mobilizing the economic and professional potential of its citizens. The index measures how much capital each country loses through lack of education and health. The Index was first published in October 2018 and ranked 157 countries. The Human Capital Index ranges between 0 and 1 with 1 meaning maximum potential is reached
Vietnam also has a young, talented workforce with science and engineering backgrounds
The lessons—global integration, domestic liberalization, and investing in people and infrastructure—while not new, need reiteration in the wake of rising economic nationalism and anti-globalization sentiments
The country's education and training cause has been expanded and developed. People's knowledge level and human resource quality have been improved
Thanks to the education and training achievements and other social policies, the HDI of the country in the classification table of UNDP has raised considerably in the last 20 years.
The Party and Government have issued positive policies on educational development.
Vietnam always puts its people in the center of all strategies
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