Vietnam ranked 92 out of 125 countries in the 2019 Global Talent Competitiveness Index (2019 GTCI), a report assessing the competitiveness of countries’ human resources.

 

Compared to last year, the results of this year’s GTCI report showed that Vietnam slipped five places.

 

This is the fourth consecutive year that Vietnam has been downgraded on the talent competitiveness index.

 

Last year, the country ranked 87th. The previous year it ranked 86th out of 118 countries and territories.

 

The 2019 Global Talent Competitiveness Index (GTCI) report reveals that Switzerland, Singapore and the US continue to lead the world in talent competitiveness, while countries in Asia, Latin America and Africa are seeing a progressive erosion of their talent base. The report confirms that talent issues have become a mainstream concern for firms, nations and cities, with talent performance seen as a critical factor to growth and prosperity.

 

The 2019 GTCI report, published on Monday by INSEAD, the Business School for the World, in partnership with the Adecco Group and Tata Communications, is a comprehensive annual benchmarking measuring how countries and cities grow, attract and retain talent, providing a unique resource for decision makers to understand the global talent competitiveness picture and develop strategies for boosting their competitiveness.

 

The report measures levels of Global Talent Competitiveness by looking at 68 variables. The 2019 index covers 125 national economies and 114 cities (respectively 119 and 90 in 2018) across all groups of income and levels of development.-VNA