Strong rise in unemployment among graduates: labour ministry
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).
Young people read vacancy information at the Hanoi Employment Service Centre (Photo: VNA)
Hanoi (VNA) – The unemployment rate among universitygraduates and those holding higher degrees in the third quarter of 2017 was4.51 percent, compared to 3.63 percent in the previous three months, accordingto the Ministry of Labour, Invalids and Social Affairs (MoLISA).
MoLISA released a report on Vietnam’s labourmarket in the third quarter in Hanoi on December 26.
Accordingly, unemployment between July andSeptember declined slightly, 6,800 from April-June and 42,900 from the sameperiod last year, to 1.07 million people of working age.
However, 237,000 persons with at least abachelor’s degree were unemployed, up 53,900 from the previous quarter.
Dao Quang Vinh, Director of MoLISA’s Instituteof Labour Science and Social Affairs, said the employment number was 53.77million, rising by 365,900 from the second quarter and 496,900 from a yearearlier.
The processing and manufacturing industryrecorded the strongest increase in the employment number. It was followed by theconstruction, transportation-storage, and property business sectors.
Meanwhile, the number of people working in accommodationand eating services saw the sharpest fall, both month on month and year onyear.
The report showed that there were 22.92 millionsalary earners in the third quarter, compared to 22.84 million between Apriland June. The monthly income from their main jobs averaged 5.36 million VND(over 236 USD), increasing by 162,000 VND from the second quarter and 434,000VND from a year earlier.
MoLISA predicted Vietnam’s GDP growth rate at7.5 – 7.7 percent in the fourth quarter and over 6.7 percent in 2017, whichwould have positive impacts on the labour market.
The trend of business establishment andoperation resumption along with growing export driven by the rosy globaleconomic situation would also positively influence labour demand in someindustries, the ministry added.-VNA
The Seeds of Hope project, which promotes sustainable professional integration for young Vietnamese in the fields of residential and industrial electricity and automotive maintenance, was officially launched in HCM City on September 27.
The unemployment rate is on the increase among young people in Vietnam, however, many companies are facing difficulty in recruiting unskilled labourers in the final months of the year.
The YouthSpeak Forum 2017 held in Hanoi on October 22 provided a platform for youngsters to discuss social issues and seek active actions towards the goal of sustainable economic growth and employment.
An inaccurate labour database and poor forecasting is exacerbating the nation’s unemployment problem, officials admitted at a conference on Ocotber 26.
Statistics from countries whose senior citizens continue working show no increase in unemployment rate of young workers, an official of the United Nations Population Fund (UNFPA) in Vietnam said.
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Young people read vacancy information at the Hanoi Employment Service Centre (Photo: VNA) 
