return icon

Private schools attracting more investment capital

Investment from private equities is heading for the educational sector in Vietnam.

Navis Capital Partners, which manages $5billion worth of assets, has recently announced investment in TTCE education chain owned by Thanh Thanh Cong Group.



No detailed information has been released, but sources said the amount of money the investment fund could be up to $25-50 million.

Explaining the investment decision, Navis Capital said the middle class sends their children to private schools, thus bringing opportunities to investors with long term vision.

David Ireland from Navis Capital said accelerating the development of educational establishments and diversifying educational opportunities would help citizens access quality education. 

Vingroup continues expanding VinUni for higher education and VinSchool for general education. Meanwhile, Hutech has acquired DB Tower in Binh Thanh to develop one more higher education establishment. The Dai Phuc Group is building Emasi schools.

TTCE is running a large education system, from preschool to university, with 17 schools and English centers. It plans to open four more schools in the next two years.

Navis Capital Partners’ entry into Vietnam’s education sector shows that high-quality educational chain model has caught attention from investors.

Prior to that, Mekong Capital poured capital into Yola foreign language center chain, while EQT Capital Partners invested in ILA.

Vietnam, with population of over 90 million, 60 percent of whom are aged below 35, is attractive to investors.

According to EVBN, the network of European businesses in Vietnam, in the past, private schools set tuition that was unaffordable in Vietnam.

However, the recent growth in discretionary income allows parents to spend more money to fund children’s study. Middle-class and high income earners now tend to prefer private schools, rather than state owned schools where classrooms are crowded and the curricula are unreasonable. The more attractive pay policy applied by private schools allows them to attract more talented teachers than state-owned schools.

The tuition set by private schools in Vietnam are 6,200-11,999 euros a year for general education. As for higher education, RMIT collects tuition of 10,226 euros, while Fulbright University asks for 17,648 euros.

There is no official estimation about the value of the private education market, but analysts believe that its value could be up to tens of billion of dollars.

Realizing the great potential of the market, many of Vietnam’s large corporations have jumped on the bandwagon. FLC Group, for instance, is planning to develop a university in Quang Ninh in a project worth VND4 trillion.

Vingroup continues expanding VinUni for higher education and VinSchool for general education. Meanwhile, Hutech has acquired DB Tower in Binh Thanh to develop one more higher education establishment. The Dai Phuc Group is building Emasi schools.

The list of big investors injecting money into the educational sector also includes ITA, Nguyen Hoang, Kien A and FPT.

Thanh Lich


High school graduate rate falls: Education Ministry

High school graduate rate falls: Education Ministry

More than 94 per cent of students sitting the national high school examination in late June of this academic year are eligible for graduation.


National High School Examination results released

National High School Examination results released

Among nine subjects in the National High School Examination this year, History remained the subject with lowest average score despite all subjects seeing increased averages from last year's exam,


10-year-old translator brings scientific knowledge closer to young readers

Children’s history book series, Unstoppable Us, by best-selling author Yuval Noah Harari, has been translated from English into Vietnamese by a 10-year-old translator and published by Omega Plus.

Floods kill five in central region

Heavy downpours and floods in the central region in the past few days claimed the lives of five people as of 5pm on December 6.


Vietnam spends nearly 190 million USD on importing pork in ten months

Vinfast faces challenges in North America

North America is a promising market, but it is not easy to be successful because there are many rivals there.

Festivities celebrate holiday season in HCM City

HCM City is preparing to launch a series of festivities to celebrate the New Year and Tet holidays (Lunar New Year).

Young driver offers thousands of free rides for poor patients

Dang Xuan Hieu, 24, has for four years given free trips to thousands of poor patients in Ha Giang Province.

Policies take effect in December 2022

Below are among new policies on import and export nomenclature, electricity generation price bracket, and licenses to manufacture tobacco products taking effect from December.

Finance Ministry to raise taxes on land and housing

Taxes on land and housing in Vietnam are far lower than those in other countries, exposing the need for higher tax rates to improve fiscal revenues.

Vietnam, RoK enter new chapter of cooperation

Vietnam and the Republic of Korea have entered a new chapter in their relationship as they upgraded to a comprehensive strategic partnership during President Nguyen Xuan Phuc's official visit to the country.

Free piano class for the elderly in HCM City

A piano class has been run free-of-charge for elderly people in Ho Chi Minh City for the past five years.

Business safety in the digital age

Vietnamese businesses are facing challenges related to cyber security and difficulties adapting to digital transformation.

Tax refunds worth trillions of VND

Tax bodies are working on problems related to VAT refunds in order to help businesses get money to invest in operations, following a dialogue held last week.

Legal loopholes exist for trading forbidden goods

Many students believe that e-cigarettes are not toxic, but are fragrant and stylish.

Quang Ninh to develop night-time economy, awaken tourism

On July 27, 2010, the Prime Minister signed a decision approving Vietnam’s night-time economy development plan.