ADB helps better vocational education in VN
VGP - The Asian Development Bank (ADB) has approved a US$78 million financing package to help Viet Nam’s labor force meet market demands by improving the quality of national technical and vocational education and training (TVET) institutions.
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In collaboration with the business community, these upgrades will enhance the quality of training programs for advanced skills in key growth areas, such as electronics, mechanics, biotechnology, automation, and automotive.
In addition, a US$3 million grant financed by the Government of Japan will complement these activities by strengthening the quality of the so-called soft skills—such as the ability to communicate, teamwork, and problem-solve—and developing demand-driven short-term skills programs for women and youth in disadvantaged communities.
“With more than 60% of the population under age 35, Viet Nam has the potential to help deliver high and sustainable economic growth,” said ADB Senior Social Sector Specialist Ms. Sakiko Tanaka. “To help realize this potential, this project aims to help ensure Viet Nam’s labor force has the skills and knowledge necessary to increase their competitiveness and productivity for the global market.”
The project is expected to benefit about 75,000 students by improved teaching and learning environment. At least 2,500 adults and out-of-school youths are expected to take part in short-term skills training courses to help them find better-paying jobs or start their own businesses./.
By Khanh Phuong
