What is global workforce?
"Global workforce" in dictionary means the international labour pool of workers which including all employed by multinational companies, local companies,all of immigrants workers, transient migrants, workers, telecommuting workers , and those in contingent work and other precarious employment It means that every workers no matter of age, genders, job, countries, position, workplace, any major of company and organization, those workers are parts of the Global Workforce.Nowadays, Global workforce network becoming bigger and bigger.
From the statistic of global workforce in 2012, the global labour pool consisted of about 3 billion workers, around 200 million unemployed in the world.
As a potential developing country, Vietnam is participate in the global workforce. So what is the role of Vietnamese government in globalized economic?
In terms of economics, government basically have four roles in globalized economic which are
· The container of distinctive institution and practices
· The regulator of trade
· Foreign investment and industry policies
· The competitor against other states
And what have Vietnamese Government done?
Vietnam is considered a stable country with only one party which is considered as a political security. Although international community's encourage Vietnam to allow multiple political party, Vietnamese government still wants to maintain the current systems. Vietnam’s political system is accept for transnational companies who want to invest into developing country, (which makes Vietnam’s condition could be ideal). This mean that every Vietnamese government have opening the door for international companies, foreigner companies to get into Vietnam as a potential investments.
This is a very specific example of what have Vietnamese government done: Vietnamese government has amending the Law on Foreign Investment, creating the new Enterprise Law to facilitate foreign business growth, entering into a Bilateral Investment Treaty with the United States, and opening a Vietnamese Stock Exchange. The new laws made Vietnam become friendlier toward foreign investment enterprises. For example, the amendment allows foreign company to mortgage their land-use rights and have the ability to borrow from foreign banks using the assets and property of their companies as collateral. The amendment of the Law on Foreign Investment and the new Enterprise law also took away a lot of burdens, which used to be put on foreign company in order to protect state-owned companies, highly encourage transnational companies to venture in Vietnam
Another plus point is that, Vietnamese government a long-sight looking this globalization. Knowing that science, technology and education have always been priority in Vietnam. In order to develop high technology in Vietnam, Vietnamese Government and the Ministry of Education and Training opened many new universities and programs, and work on partnership with transnational companies on education and training. By doing this, Vietnam has prepared a skilled workforce ready.