return icon Vietnamnet.vn

Private investors pour money into VN educational sector

Education will be one of the most attractive investment channels in M&A deals for the next year in Vietnam, analysts say.

“Previously, financial investors bought shares at the minimum level to explore the market, but now they are disbursing money at the highest possible levels with higher investment frequency," said Nguyen Lan Phuong from Baker & McKenzie law firm.

{keywords}

 



The latest M&A deal in the sector was one in which Navis Capital Partners, a Malaysia-based company which manages assets of $5billion, invested in TTCE, a private education service group in south Vietnam.

This was the first time the investment fund disbursed money in the educational sector.

Navis is known as the investor in Go Dang JSC, OPV Pharmacy and a hospital in Hanoi.

The educational sector has become attractive for foreign investors as well. Mekong Capital has announced that Mekong Enterprise Fund III has invested $4.9 million into Yola Education JSC, the sixth investment from Mekong Enterprises Fund III.

 Another M&A deal which caught special attention from the public was investment by Nguyen Hoang Group in Hoa Sen University. The value of the deal remains a secret, but observers say the value must be high because Hoa Sen is a well known brand.

Nguyen Hoang Group is the owner of 40 projects which serve 50,000 students. Besides Hoa Sen, Nguyen Hoang also owns Hong Bang International University, Gia Dinh and Ba Ria – Vung Tau Universities.

In 2018, Nguyen Hoang established IEC, called an international education city, in Quang Ngai province, covering an area of 10 hectares with investment capital of VND1 trillion, or $43.47 million.

The educational sector has become attractive for foreign investors as well. Mekong Capital has announced that Mekong Enterprise Fund III has invested $4.9 million into Yola Education JSC, the sixth investment from Mekong Enterprises Fund III.

Swedish EQT Capital Partners, through its subsidiary EQT Mid Market, has poured money into ILA Vietnam, specializing in English teaching. Meanwhile, TAEL Partners has invested $10 million in IvyPrep Education.

Phuong commented that Vietnam’s economy is shifting from labor-intensive production into services, and the process requires a high-quality labor force. As education plays a very important role, investing in the sector is considered a wise move.

English teaching schools, international schools with high revenue, and well known brands are the targets for foreign investors and investment funds. The investors are ready to bet on Vietnamese education brands which have plans to develop strongly and expand their networks rapidly.

Andy Ho from VinaCapital divided the education market into three groups: K-12, from preschool to 12th grade; foreign language teaching; and skills teaching and online training. He said that K-12 is the most lucrative sector.

Thanh Lich

 

 

Foreign languages key for development of education

Foreign languages key for development of education

Foreign-language instruction could greatly improve the quality of the educational system, but language-proficiency outcomes in recent years have been disappointing, Minister of Education and Training Phung Xuan Nha has said.

Vietnam prepares for new general education program

Vietnam prepares for new general education program

Beginning in the 2020-2021 academic year, the new general education program will be applied throughout the country. MOET has begun receiving applications for textbooks compiled by organizations and individuals.

MORE NEWS

A spicy treat from Hai Phong cuisine

Among all versions of the iconic Vietnamese sandwich, the spicy banh mi of Hai Phong might be the smallest, but don't let that fool you into thinking it's any less than its larger siblings.

Luxury apartments selling well in Vietnam

Wealthy Vietnamese are ready to spend millions of dollars to buy super-luxury properties.

How will the US FED's interest rate hike affect the Vietnamese dong?

The Vietnamese dong may lose 4 percent of its value against the USD in 2022, while the deposit interest rate is predicted to lose 30-50 points after the US FED’s move and SBV’s first policy responses.

Opportunity for local firms to enter $200bil games market

Now is the time for Vietnam’s game industry to enter the global game market, worth $200 billion.

Japanese professor demands apology from Em Và Trịnh producer

Japanese professor Michiko Yoshii, one of Vietnamese celebrated songwriter Trinh Cong Son’s muses, has submitted a request to Vietnamese Cinema Department to ask for the official apology from the producer of the film Em Và Trịnh (You and Trịnh).

FDI inflows continue on downward trajectory

The sharp decline of newly-registered foreign direct investment pulled down the total in the first nine months of the year despite the high disbursement rate.

Vietnam’s steel exports to China nosedive

China is no longer a major export market for Vietnamese-made steel, as revenue from steel shipments to the northern neighbor has plummeted, the General Department of Vietnam Customs reported.

Determining solar, wind power prices still problematic

The electricity prices of many wind and solar power projects have yet to be determined following the expiration of the FIT (feed in tariff) policy, worrying investors.

As pristine as Ru Cha mangrove forest

Ru Cha is the name of a unique primeval mangrove forest in Thuan Hoa Village, Huong Phong Commune, Hue City.

Lack of orders plaguing export enterprises

During the fourth quarter of every year most of the export companies in Vietnam find the need to step up pace in order to meet the increased demand in orders from major import markets such as the US and the European Union.

PM chairs urgent meeting in response to super typhoon Noru

Prime Minister Pham Minh Chinh chaired an urgent meeting on September 27 to hasten response to the approaching super typhoon Noru.

Yen Bai launches tours to conquer two of highest mountains in Vietnam

Tours to conquer Ta Xua and Ta Chi Nhu, two of the 15 highest mounts in Vietnam, were launched in Tram Tau district of northwestern Yen Bai province on September 25.

Typhoon Noru to affect Vietnam’s mainland on late September 27

Typhoon Noru is gaining strength while moving westward at 20-25km per hour, and is expected to make landfall in central Vietnam in the afternoon or evening September 27.

248 aircraft registered under Vietnamese nationality: CAAV

The Civil Aviation Authority of Vietnam (CAAV) has registered 248 aircraft under Vietnamese nationality so far this year, up six from the same period last year.

Investors cautious about disbursing investments amid higher rates: experts

As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.
back_to_top