France, Vietnam Signs Agreement in Supporting Vocational Training

Two financing agreements for a total amount of €25 million, to support five vocational training colleges and school in Vietnam was signed on October 26 by Mr Michel Sapin, French Minister of Labour, Employment, Vocational Training and Social Dialogue and Mr Truong Chi Trung, Vice-Minister of Finance of Vietnam, and Mr Jean-Marc Gravellini, Country Director of the French Agency for Development (AFD) in Hanoi.

 

The program amounts €29 million, with €25 million coming from AFD commitments and €4 million funded by the Vietnamese Government. AFD funding is divided into two components: a €0.5 million grant, to provide long term technical assistance, and a €24.5 million concessional loan to finance equipments and short-term expertise.

 

The project aims at supporting five Vocational Training Schools, among which two centres are going to turn into centres of excellence, compliant with international standards: Lilama Technical and Technology Vocational College 2 (in Dong Nai Province), with courses in welding and telecommunications (two different courses in this area), and where an e-building will be constructed; the Vocational College of Agriculture Mechanics (in Vinh Phuc), invested in automotive technology, welding, metal cutting and industrial electricity; three other schools (Viet Xo Electromechanical Construction Vocational Training in Tam Diep, Dung Quat Vocational College of Engineering and Technology, and Nghi Son Vocational Training Secondary School) will be involved in the project, through professor trainings, development of pedagogical curriculum and equipments for welding (Viet Xo college) and automotive technology (Viet Xo and Dung Quat College). Six courses will be developed, and the programme will provide trainings to more than 3000 people every year.