Vietnam was placed behind Mexico in 74th and followed by Mongolia in 76th in the global rankings.

In Southeast Asia, Vietnam was placed higher than Thailand in 79th, Indonesia in 80th, and the Philippines in 84th. However, it was behind Singapore in second, Brunei in 41st, and Malaysia in 42nd.

GTCI is published annually by INSEAD, the Business School for the World, and is a bench-marking report that measures and ranks countries based on their ability to grow, attract, and retain talent. It provides a unique resource specifically for decision makers to enable them to gain a greater understanding of the global talent competitiveness picture and to develop strategies which can boost their economies. 

Switzerland, Singapore, and the United States all firmly retained their leading positions as the world’s most talent competitive countries, according to the 2023 GTCI. 

This year witnessed Denmark, the Netherlands, Finland, Norway, Australia, Sweden, and the UK make up the rest of the Top 10. European countries continue to dominate the Top 25, boasting a total of 17.

Elsewhere, Canada, New Zealand, the United Arab Emirates (UAE), the Republic of Korea (RoK), and Israel also joined the Top 25. Indeed, the UAE has moved up from 25th to 22nd, while Japan dropped out of the Top 25,  replaced by the RoK in 24th.   

Looking back over the past decade, one significant highlight is that the top 10 countries have largely remained the same. Remarkably, eight of the Top 10 countries this year were also among the inaugural Top 10 in 2013, the website insead.edu wrote. 

Several of the largest emerging economies are among the best improvers over the past decade, including China which has moved from being a talent mover to a talent champion, Indonesia which has made some of the greatest strides in talent competitiveness over the past decade, Mexico which has moved from being a talent laggard to a talent mover, and Brazil which has progressed and may well soon categorise as a talent mover.

Most recently, Vietnam ranked 82nd among 134 countries on the 2021 GTCI.

In 2019, the country was placed at 92nd out of 125 countries in the global rankings.

Source: VOV