High unemployment rate spurred by explosion of universities

Dozens of junior colleges (3-year training) have been upgraded into universities (4-5-year training), but the training quality has not matched the expansion.
A Ministry of Education and Training (MOET) report showed that Vietnam had 433 universities and junior colleges by June 2014, including 347 state-owned schools 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 schools were upgraded to junior colleges, and 49 to universities. More...