HCMC – The Ministry of Labor, Invalids and Social Affairs and the Australian Embassy in Vietnam on April 14 launched a project promoting the logistics industry’s tie-up with vocational education and training in Vietnam until 2025.
The project worth AUD$13.8 million, or VND246 billion, is part of the Australia-backed Aus4Skills human resource development program, the local media reported.
Speaking at the launch ceremony, Australian acting Deputy Ambassador Bridget Collier said that, similar to Vietnam, the demand for employees active in the logistics industry in Australia had risen over the past few years. The project will help improve the quality of vocational training and develop Vietnam’s logistics manpower supply chain.
Under the project, logistics firms will instruct learners and equip them with the necessary working skills in the industry, making them suitable to recruiters’ demands.
Deputy Minister of Labor, Invalids and Social Affairs Le Tan Dung expects the logistics industry to account for 8%-10% of the country’s gross domestic product (GDP) in 2025, helping Vietnam fulfill its target of becoming a high-income nation in 2045.
The logistics industry in Vietnam has posted an average growth rate of 12%-14% per year, contributing 4%-5% to the nation’s GDP, said Deputy Minister Dung.
Since 2017, the Australia-backed human resource development program has supported over 5,300 students at vocational education and training facilities in Vietnam.