HANOI, Aug. 10 (Xinhua) -- Nearly 200,000 university graduate, over 94,000 college graduates and more than 59,000 vocational school leavers in Vietnam are now unemployed, the Ministry of Labor, Invalids and Social Affairs said on Thursday.

Although the unemployment rate among university graduates is always high, but many high school graduates opt for enrolling at universities, not colleges or vocational schools.

Vietnam will need over 1.3 trillion Vietnamese dong (58.3 million U.S. dollars) to assist training and labor export activities to send nearly 58,400 local people with academic qualifications, mainly unemployed graduates, to work abroad in the 2018-2025 period, according to the ministry's Department of Overseas Labor.

Over 500,000 Vietnamese people are working abroad as guest workers, annually remitting home 1.7 to 2 billion U.S. dollars.