German bank supports vocational schools in 2011-2014
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| Vocational training is one of Vietnam's top priorities |
The Ministry of Labour, Invalids and Social Affairs has recently signed a vocational training project with the German Reconstruction Bank (KfW).
Under the project, the German bank will provide EUR10 million (USD13.5 million) in official development assistance (ODA) loans to Vietnamese vocational schools to improve the teaching quality and enhance their training capacity.
The Vietnamese Government will contribute EUR2.5 million to the EUR12.5 million project which will be implemented over four years until 2014.
Priority will be given to upgrading equipment for vocational training centres specialising in electricity, electronics and mechanical engineering.
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