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Project MAS91

The document presents a forecast of the IT workforce in Vietnam, highlighting the industry's rapid growth and the ongoing shortage of skilled professionals. It outlines the methodology used for data collection and analysis, predicting that the IT workforce will exceed 700,000 by 2026. The conclusion emphasizes the need for investments in education and training to meet the increasing demand for tech talent.

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longnguyen5802
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0% found this document useful (0 votes)
6 views16 pages

Project MAS91

The document presents a forecast of the IT workforce in Vietnam, highlighting the industry's rapid growth and the ongoing shortage of skilled professionals. It outlines the methodology used for data collection and analysis, predicting that the IT workforce will exceed 700,000 by 2026. The conclusion emphasizes the need for investments in education and training to meet the increasing demand for tech talent.

Uploaded by

longnguyen5802
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

PROJECT

IT WORKFORCE FORECAST
IN VIETNAM
Nguyễn Quang Vinh - SE183334
Lê Gia Thịnh - SE185080
Nguyễn Tuấn Kha - SE183212
Lâm Thanh Bình - SE184538
Trần Phan Thanh Phúc - SE183992
Trần Thị Mỹ Hạnh - SE180597

Presented By
GROUP 4
Outline
1 Reason for choosing the Topic
Why is IT workforce prediction important?
Current challenges in the IT labor market
The significance of forecasting trends for 2025, 2026
2 Statictical & Method
Data sources
Data range: 2019-2024
Forecasting models and statistical methods used

3 Theoretical Basis Needed for Code


Key algorithms & machine learning models used
Tools & technologies (Python, Pandas...)
Explanation of the chosen methodology

3 4 Analyze Example and Conclude


Applying the model to predict IT workforce trends (2025, 2026)
Explain of the result

5 Conclusion
Summary of the analysis
Implications for IT
Future directions
I. Reason for choosing the topic 1
The IT industry is experiencing rapid growth and
plays a fundamental role in facilitating the nation’s
digital transformation.

Despite the rising demand for recruitment, there


is still a considerable shortage of high-quality
human resources.

The IT talent shortage: fresh IT graduates often feel


lost, unsure of which skills to focus on to meet
industry demands.

Personal career growth: understanding of


technology trends, trategize my own career
path within the IT industry.
II. Statictical Data & Method
2
STATISTICAL
Method

Data Collection:
Research and Scientific Publications: Scientific studies related
to the development trends in the information technology industry,
along with technical articles and reports from universities and
research organizations, provide detailed insights and analytical
data on IT workforce demand.

Historical Data: Databases containing information on the past IT


workforce, collected from various sources such as recruitment
reports, business surveys, and statistics from government
agencies or technology associations.
Data Cleaning and Preparation:
Data cleaning:
- Remove Noise Data: Delete outliers or irelevant data points.
- Error Correction: Fix incorrect entries, duplicates, and formatting issues.

Data Standardization:

- Format Standardization: Synchronize data formats, such as dates or measurement units,


for easier processing and comparison.
- Variable Naming and Data Structuring: Align data formats, standardize variable names,
and arrange columns for analysis.
Data Transformation:
- Encode, create new variables, and normalize data to fit model requirements.
III. THEORETICAL BASIS NEEDED FOR CODE
3
Linear Regression is a widely used statistical model for predicting
continuous values. It is based on the linear relationship between
the dependent variable (output) and one or more independent
variables (inputs).

Intercept (w0​): The predicted value


when all input variables are zero.

Coefficients (w1,w2,...,wn​): Weights that determine


the influence of each input variable on the output.

The model is estimated using the Ordinary Least Squares (OLS) method, which
minimizes the error between actual and predicted values.
CODE EXPLAIN
IV. ANALYZE EXAMPLE AND CONCLUDE
4
Overview

The number of IT in Vietnam has


been increasing over the years.
Starting at 450,000 in 2019 rises
to 650,000 by 2024.

The IT workforce grows by 40,000 new professionals each year, indicating a


consistent upward trend.
The average IT salary rises from 28.75 million VND/month in 2019
to 56.2 million VND/month in 2024.

The salary growth rate is faster than the workforce growth, indicating high demand
and competition for IT talent.
Regression Line:
A trend line that models the growth pattern
based on actual data, with an average increase This suggests that the industry will continue
of 40,000 IT professionals per year. growing, potentially surpassing 700,000 IT
Predictions: professionals by 2026.
2025: Approximately 690,000 IT professionals.
2026: Approximately 730,000 IT professionals.
V. CONCLUSION
5

Vietnam’s IT industry is experiencing steady and rapid growth, with both


workforce size and salaries increasing significantly.
By 2026, the IT workforce is expected to surpass 700,000, reflecting the
strong demand for tech talent.
This growth presents both opportunities and challenges: while
businesses can benefit from an expanding talent pool, they must also
focus on attracting and retaining skilled professionals.
Investments in education, training, and upskilling will be crucial to ensure
a sustainable supply of high-quality IT professionals to meet market
demands.
MAS291 | 2025

THANK YOU
Presented By : GROUP 4

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