Using Fuzzy Approach to Model Skill Shortage in Vietnam’s Labor Market in the Context of Industry 4.0

My Tien Ha Duong, Diep Van Nguyen and Phong Nguyen

MPRA Paper from University Library of Munich, Germany

Abstract: Human resources development is one of the main issues in the socio-economic development strategy and the transform of any region in the context of Industry 4.0. However, Vietnamese human resources have been poorly evaluated in the areas of quality, lack of dynamism, and creativity. Therefore, this paper presents a fuzzy logic approach to ranking seven skills shortage in Vietnam’s Labor Market, namely lifelong learning, adaptive capacity, information technology capacity, creativity and innovation capacity, problem-solving capacity, foreign language competency, and organizing and managing competency. The results showed that the problem-solving skill has the largest gap between an enterprise’s requirements and the actual response of employees.

Keywords: fuzzy logic; industry 4.0; human resources; skill shortage; Vietnam (search for similar items in EconPapers)
JEL-codes: B16 F6 J01 O14 (search for similar items in EconPapers)
Date: 2019-11-02, Revised 2020-05-07
New Economics Papers: this item is included in nep-cmp, nep-ict, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published in Engineering, Technology & Applied Science Research 03.10(2020): pp. 5864-5868

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:103512

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