VIETNAM

Explosion of universities seen as spur to unemployment
Dozens of junior colleges – offering three-year training – have been upgraded into universities – offering four to five-year training – but the training quality has not matched the expansion. Analysts have noted that the recent upgrading on a mass scale was one of the reasons behind the high unemployment rate, reports VietNamNet Bridge.A Ministry of Education and Training report showed that Vietnam had 433 universities and junior colleges by June 2014, including 347 state-owned institutions and 86 non-state owned. According to Dr Bui Anh Tuan from the ministry, 133 universities and junior colleges were upgraded from junior colleges and intermediate schools (two-year training), respectively, in 2007-2013. Of these, 59 institutions were upgraded to junior colleges, and 49 to universities.
A Ministry of Labour, War Invalids and Social Affairs’ report showed that 162,000 workers with bachelor degrees had remained unemployed as of mid-2014.
Full report on the VietNamNet Bridge site