HANOI, May 11 (Xinhua) -- Vietnam will need over 1.3 trillion Vietnamese dong (58.3 million U.S. dollars) to assist training and labor export activities to send nearly 58,400 local people with academic qualifications, mainly unemployed graduates, to work abroad in the 2018-2025 period.
From 2018 to 2020, Vietnam plans to send some 17,700 local people, mainly graduates from universities, colleges and vocational training schools, to Germany, Japan and South Korea to work mostly in the field of information technology, electronics, telecommunications, engineering and healthcare, the Department of Overseas Labor under the Vietnamese Ministry of Labor, Invalids and Social Affairs said on Thursday.
In the 2021-2025 period, the country will send nearly 40,650 people to work in the three foreign countries and some other nations such as the United States, Australia, and the United Arab Emirates, to work mainly in the fields and some new ones, including biotechnology and services.
Over 500,000 Vietnamese people are working abroad as guest workers, annually remitting home 1.7 to 2 billion U.S. dollars, according to the ministry. Most of them are unskilled workers or have undergone only short-term training.
Now, Vietnam has over one million unemployed people, including 200,000 university graduates and over 94,800 college graduates.