Society

Vietnam, African countries partner in youth investment

The Vietnam Union of Friendship Organisations (VUFO) and embassies of African countries in Vietnam held a seminar in Hanoi on May 22 on boosting investments in youth in Africa.
Vietnam, African countries partner in youth investment ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – The VietnamUnion of Friendship Organisations (VUFO) and embassies of African countries inVietnam held a seminar in Hanoi on May 22 on boosting investments in youth inAfrica.

Speaking at the event, VUFO VicePresident Bui Khac Son shared several successful youth business models inVietnam, including start-ups and new-style rural development, saying that theynot only improve young people’s income but also generate jobs for other workers.

The VUFO and Vietnam-AfricaFriendship and Cooperation Association are ready to help countries worldwidelearn about start-up models and outstanding young businesspeople in Vietnam.

He expressed hope that moreexchanges will be held among young people and entrepreneurs to shareexperience, contributing to socio-economic development.

Mozambican Ambassador to VietnamGamiliel S.J Munguambe said Africa is home to the youngest population withnearly 200 million aged 15-24, which is expected to double in the next threedecades.

In the future, African economieswill face a high unemployment rate with nearly 60 percent being young people,not to mention concern over unfair access to health care, education and socialservices.

Participants shared opinionsabout promoting cooperation initiatives between African embassies and researchinstitutes in Vietnam.-VNA
VNA
#Vietnam Union of Friendship Organisations#Vietnam-Africa Friendship and Cooperation Association#youth#entrepreneurs#young people
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