Vietnam News, 7 December 2015. Overseas education costs Viet Nam $3b annually.

An edited extract of the original article appears below.

According to figures released by the Education and Training Working Group at the 2015 Viet Nam Business Forum (VBF) in Ha Noi last week, some 110,000 students study overseas, each paying $30,000-40,000 annually for tuition, meaning $3 billion a year…

VBF said Viet Nam can save most of this amount if it offers incentives to attract foreign education partners.

Under the Law of Investment and commitments under WTO, foreign investors are allowed to fully own educational institutions in the country.

However, under Article 24 of Decree No 73 promulgated in 2012, Vietnamese can make up no more than 10 per cent of students at foreign-owned primary schools and 20 per cent at high schools.

But demand for going to international schools is increasing.

“The limits on Vietnamese students allowed to attend international schools, at 10-20 per cent, are extremely unreasonable,” the group’s report said…

If the government does not permit Vietnamese students to attend international schools in Viet Nam they would head overseas, Brian O’Reilly of the group told the forum. In response to fears that a large number of Vietnamese students attending international schools would lead to a loss of Viet Nam’s cultural identity, the group said, “This seems to be a conservative opinion.”

O’Reilly said Vietnamese students at international schools have to study Vietnamese history, geography and literature, salute the national flag and sing the national anthem, and take part in all traditional festivals such as Tet (the Lunar New Year festival), the Mid-Autumn Festival and National Day.

If students who are not allowed to join international schools go abroad, how can they then maintain Viet Nam’s cultural identity, the group asked…

 

OTHER NEWS ON THE AUSCHAM WEBSITE
In the toolbar of this website, click on “NEWS” for the drop down menu which includes: