New Zealand assists on labour market forecasts

16/05/2008 -- 10:02 PM

Hanoi (VNA) – New Zealand experts have assisted Vietnamese agencies to outline a plan to provide labour market forecasts and information to narrow the gap between supply and demand. The international experts also joined with Vietnamese colleagues in working out how training facilities in Vietnam can address labour market demand at an international seminar held in Hanoi on May 16. The Ministry of Labour, War Invalids and Social Affairs said although the workforce in the country grows at 2.45 percent per year, the youth unemployment rate of 10 percent remains high. According to the ministry, the high youth unemployment rate was mainly due to an imbalance in the supply capacity of educational institutions and the market demand. The assistance comes as Vietnamese relevant agencies are working on establishing a national centre of labour market forecasting and information and a centre that provides analysis and forecasts on human resource training. At the seminar, New Zealand experts also presented opportunities for cooperation in training between universities of the two countries as well as scholarship programmes in New Zealand.-Enditem
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