Microsoft on Tuesday announced an investment of US$3 million in Vietnam over the next three years to provide technology skills training and connections to employment and entrepreneurial opportunities for young people.
The investment is as part of the global YouthSpark commitment to empower young people with opportunities for education, employment and entrepreneurship, Microsoft said.
“Vietnam is an important emerging market for Microsoft in Southeast Asia with great growth potential,” said César Cernuda, President of Microsoft Asia Pacific, “With its large, young, highly-mobile and socially-engaged population, we believe that the country is poised to fully leverage the power of technology to grow and compete on a global stage.”
Vietnam is currently home to Microsoft’s mobile devices manufacturing business, which includes more than 10,000 employees in the northern province of Bac Ninh.
Part of the new investment would be used to provide on-site information technology training for factory employees to help them develop new skills and discover new opportunities, Microsoft said.
The company also said it would collaborate with VietNet Information Technology and Communication Center to provide training on technology skills to 16,500 young people in Bac Ninh, Hanoi and Ho Chi Minh over the next three years.
Graduate internships at Microsoft factory would be offered to university students, the tech giant said, adding it would provide training for 5,000 young start-ups in partnership with Vietnam Chamber of Commerce and Industry.