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Citation Information

Type Journal Article - Research in World Economy
Title Labor Demand and Supply in Vietnam: The Medium to Long-Term Forecasts
Volume 5
Issue 2
Publication (Day/Month/Year) 2014
Page numbers 99-114
URL http://sciedu.ca/journal/index.php/rwe/article/viewFile/5354/3132
The medium to long-term demand-supply labor forecasting is the main concern of many countries, including
Vietnam. The projections in this study are to provide methodologies and to analyze this forecasting in Vietnam. The
procedure and method used for doing tasks of employment forecast by industry, employment forecast by
industry?occupation and labor demand and supply forecast by education are Discrete Grey model (DGM),
Reynold’s Averaged Simulation (RAS) and a little revised logit odd-ratio method. Since forecasting methodology
itself is more important than results for this kind of Knowledge Sharing Project research, the paper explains methods
and reports the results in appendices.

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