The data indicates that the number of tertiary education graduates in engineering, manufacturing, and construction in Vietnam has been steadily increasing from 2013 to 2023, reaching approximately 131.06 thousand persons by 2023. The year-on-year growth rate showed initial fluctuations but remained positive overall, with decreasing percentages indicating that the growth rate has been gradually declining. However, the compound annual growth rate (CAGR) over the last five years was approximately 3.07% up to 2023.
Looking ahead, from 2024 onwards, forecasts suggest a continued increase in the number of graduates, reaching about 147.68 thousand by 2028. The projected 5-year CAGR is around 1.88%, while the total growth rate over the five-year forecast period is estimated at 9.79%.
Future trends to watch for might include how the Vietnamese education system adapts to evolving technological and industrial demands, potential shifts in government policy to further promote STEM fields, and how economic changes could impact higher education enrollment and graduation rates in these key sectors.