Samsung Vietnam organised its third recruitment drive for university graduates in 2022 at the Global Samsung Aptitude Test (GSAT) in Hanoi on November 23 as one of its efforts to demonstrate commitment to long-term and sustainable investment in Vietnam.
The Thai cabinet on September 22 approved an employment subsidy programme worth 19.46 billion THB (625 million USD) targeting 260,000 new graduates from universities and vocational institutes.
Around 80,000 workers are needed in Ho Chi Minh City for the first quarter of this year, according to the HCM City Human Resources Forecast and Labour Market Information (FALMI) Centre.
Although hundreds of thousands of university graduates fail to secure jobs, students and their families still hope to attend university at any cost, leaving vocational schools struggling to attract enough students to operate.
The unemployment rate among university graduates and those holding higher degrees in the third quarter of 2017 was 4.51 percent, compared to 3.63 percent in the previous three months, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).
The number of unemployed university graduates grew sharply in the second quarter of 2017, while the country’s unemployment rate declined slightly compared with the previous quarter, according to data of the Institute of Labour Science and Social Affairs.
About 90 percent of graduates from the Vietnam- Germany University (VGU) have found jobs, while 40 percent of its graduates and postgraduates were offered scholarships by the university, enterprises and other organisations, said VGU Principal Ha Thuc Vien.
The higher education students take, the higher the rate of unemployment they might suffer, Deputy Minister of Labour, Invalids and Social Affairs Doan Mau Diep said.
The unemployment rate in Hanoi has increased slightly in the first three months of this year, with 7,113 people registered for unemployment insurance benefits.
Nguyen Thi Lan Huong, Director of the Institute for Labour Science and Social Affairs, spoke to the newspaper Thoi bao Kinh te Viet Nam about the country's shortage of skilled workers.
International standard Bachelor’s and Master’s degrees were presented to 43 students who have successfully completed programmes offered by the Vietnam-Germany University (VGU).
Recent statistics from the Ministry of Labour, Invalids and Social Affairs highlight that the nation has issues to tackle in its development of human resources.
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