HUMAN RESOURCES DEVELOPMENT IN VIETNAM: CURRENT SITUATION AND SOLUTIONS

Abstract

There is a cause & effect relationship between human resources, capital, natural resources, technical infrastructure, science & technology, etc. However, human resources are considered the endogenous factor that dominates other resources as well as the process of socioeconomic development of each country. Compared to other resources, human resources, in which intellectual and grey matter are prominent characteristics, have the outstanding advantage of not being exhausted if they can be fostered, exploited and used properly; while other resources, no matter how much, are limited and can only prove their usefulness by being combined with human resources effectively. Human resources are the factor that decides the exploitation, use, protection and regeneration of other resources; in which, high-quality human resources determine the socioeconomic growth and development of each country. JEL: J24; O15 Article visualizations: