HOA SUA SCHOOL OF ECONOMICS AND TOURISM Hanoi, Vietnam www.hoasuaschool.com Montréal, October 17th to 20th 2011
Feb 25, 2016
HOA SUA SCHOOL OF ECONOMICS AND TOURISM
Hanoi, Vietnamwww.hoasuaschool.comMontréal, October 17th to 20th 2011
~An enterprise with a social mission using a business model~Outline
Background of Vietnam’s economy. Vietnam’s Labour Market. Key Issues with Vocational Training and
Employment. A Vocational School for Disadvantaged Youth. Hoa Sua’s Achievements.Hoa Sua’s Challenges.
Vietnam Background
One of the in Asia, growing at about 7% per year;Became the 150th in 2006 and a middle-income country in 2010;Has a (64% of all citizens are at working-age); (rapid growth in service sectors, particularly tourism).
best-performing economies
WTO member
young population
Shift in labour sector
More than people entering the labor market annually; of the labor force is trained (6.5% are trained at vocational colleges);Only of vocational training graduates meet requirements of local enterprises and FDI firms;Vietnam is facing a of skilled workers.
Vietnam The Labour Market
1 million
26%
60%
big shortage
1. Limited access to education, particularly for the young rural and disadvantaged population;
2. Large gap between the vocational training programs being delivered and the needs of local enterprises;
3. Lack of skills among the labour force.
Vocational Training and Employment Key Issues
So … What can be done to ensure that graduates from vocational training schools are able to find jobs suitable for what they have been trained to do?
What impact do policy and economic issues have?
A social vocational school supports Vietnam’s poverty reduction strategy by providing high quality training and job placements to young people, especially to disadvantaged youth.
Hoa Sua School for Disadvantaged Youth What is it?
The Students at Hoa Sua
123456
Business model used to provide education to youth who
would otherwise not have access.
Orphans and street children (26%)
Children of extremely poor families (31%)
Children of war invalids (19%)
Ethnic minority youth (10%)
Abused and trafficked women, natural disaster/ agent
orange victims (3%)
Hearing impaired and disabled youth (11%)
tuition-free
Students
B
E
C
D
A
Prof
essio
nal
and
socia
l
train
ing
Uniforms, accommodation,
meals and transport
Health care
and
psychological
consultations
Scholarships Sport and
cultural
activities
Benefits for Students at Hoa Sua
Hoa Sua has developed a model in which students can begin their on-the-job training in tandem with
their class-based learning through the school’s training outlets.
Hoa Sua’s Business Model
Hoa Sua’s StrategyHoa Sua also provides vocational training adapted to labour market
needs to further narrow the gap between training and employment.
Hoa Sua School+
Enterprises/ Partner Groups
1
4
2Curricu
lum
Develo
pment Evaluation &
Examination
3
Practicum
PlacementJob Orientation
First and still non-public Vocational Training Institute in Vietnam;The assessment center for Vietnam Tourism Occupational Skills;Annual intake of students; Approximately disadvantaged youth were trained since 1994; graduates find jobs right after graduation;Aim to reintegrate graduates (many from rural and minority areas) into their home regions and economies;Majority of professional teachers are former students.
Hoa Sua’s Acheivementsthe largest
first
7507,000
100%
As a private school, Hoa Sua is not subsidized by the Government, making it hard to recruit qualified teachersHigh costs of operating training school-run enterprisesSlow down in business due to current economic crisis and increasing competition from other schools and enterprisesEarly stages of a social economy in Vietnam
Challenges
Hoa Sua’s FutureDevelop new relationships with international organizations to strengthen Hoa Sua school
Develop more partnerships with private enterprises in Vietnam to provide training and employment opportunities for students
Increase self sufficiency and profitability of Hoa Sua’s training businesses
Thank You!
www.HoaSuaSchool.comContact us: [email protected]
For further information, visit the Uniterra table in Rm 710