return icon

Textbook publishing house reap big profits each school year

Hundreds of million textbook copies are printed every year, and most of them are thrown away or sold to scrap collectors just after one year of use.

VietNamNet Bridge - Hundreds of million textbook copies are printed every year, and most of them are thrown away or sold to scrap collectors just after one year of use.


MOET wants to terminate the textbook compilation monopoly

In 2016, the number of textbooks published by the Vietnam Education Publishing House amounted to 56.4 percent of total books of the entire publishing industry. In 2017, the figure was 50.4 percent. 

Thus, the number of textbook copies churned out by the publishing house alone is equal to the total number of books released by all other publishers in Vietnam. 

The textbooks are used for one year, and new textbooks will be printed next year.

Since textbooks are used for one year only, Vietnam has to print a huge number of textbook copies every year, hundreds of millions of copies. 

In 2016, the education publishing house churned out 424 textbooks with 188,788,810 textbook copies, accounting for 1.4 percent of total textbooks only, but 56.4 percent of total copies.

The figures were 2.2 percent and 50.4 percent, respectively, in 2017.

Besides textbooks, the education publishing house also has other publications, including books, leaflets, posters and calendar. 

Tien Phong newspaper cited a report as showing that the house issued 275 million publication copies in 2016 and 270 million in 2017. 

Its revenue was VND1.04 trillion in 2015, but the post-tax profit was VND29 billion only. Similarly, though the revenue was high at VND1.147 trillion, the profit was modest at VND72 billion.

The education publishing house has two big advantages. First, the market is large and stable. Second, it doesn’t have to pay VAT.

Prof Nguyen Xuan Han from Hanoi National University estimates that since textbooks are used for one year only, Vietnam has to print a huge number of textbook copies every year, hundreds of millions of copies. 

The Vietnam Education Publishing House is the biggest consumer of paper. The proportion of students using new printed textbooks is 42 percent.

An education expert pointed out problems in textbook compilation, printing and use.

First, the use efficiency is not high.  Each year, parents spend VND1 trillion on textbooks which will be put into trash just after one year. 

Second, the exercises are designed under multiple-choice forms. Students don’t have to explain how they solve problems, but just show results.

“This is really dangerous because it makes students lazy,” he said, adding that universities complain about the quality of high school graduates who don’t know how to explain their process of calculation to find results. 

“What will happen with pedagogical school students, who will teach students in the future, if they also become lazy?” he said.

Chu Van Hoa, head of the Director of the Publication, Print and Release Department, said that only when the monopoly in textbook publishing is removed will Vietnam have high-quality textbooks.


Textbook shortage plagues major cities

Education Ministry’s plan to terminate textbook compilation monopoly raises doubts

Ha Anh


Co la, the food tray that demonstrates Muong ethnic culture in Hoa Binh

For Muong ethnic people, especially those living in Hoa Binh Province, cỗ lá (literally means a food tray displaying several dishes) is more than just a popular food.

Experts call for Hanoi to become a 'creative city'

Cultural industry development is a new issue, and Hanoi does not have much experience promoting its potential advantages.

Apple jumps to second highest seller of smartphones in Vietnam for first time

iPhone accounted for 20.5 percent of market share in Vietnam in October 2022, according to GfK.

Credit concerns affecting Vietnamese stocks should ease soon: VinaCapital

The demand for new housing units in Vietnam is still strong and prices are still affordable, and so the prices of real estate stocks are likely to recover if and when the Government takes action to ease credit conditions.

Fuel prices soar, EVN faces huge losses

Due to the global rise of coal, oil and gas prices, EVN’s electricity production costs and purchase costs have increased sharply. The group may incur losses of up to VND64.8 trillion in 2022.

Banks gain big profits from forex trading

Most banks reported strong profit growth from the foreign exchange business in the first three quarters of this year thanks to the sharp appreciation of the US dollar, Q3 2022 financial statements showed.

National Sports Games to take part in December

The 2022 National Sports Games (NSG) will be held in Quang Ninh Province from December 9-21.

Vietnam lures over $25 billion in foreign investment in 11 months

Despite a decline of 18 per cent in newly registered capital to $11.5 billion, foreign capital disbursement saw a positive increase of 15 per cent to reach $19.68 billion in the January - November period.

India - new market for VN tourism

According to the World Tourism Organization, Indians spent $22.9 billion traveling abroad in 2019 and the figure was estimated to reach $42 billion by 2024, $45 billion by 2025 and about $91 billion by 2030.

Without career guidance, students drop out in first, second academic years

Without appropriate career guidance when choosing a major in a university, many students have studied the wrong majors so and dropped out after the first year because they chose an unsuitable study program.

Three factors keep Vietnam’s economy humming along

Infrastructure investment, trade environment and competitive wages are three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the

Hanoi Tourism Ao Dai Festival 2022 underway next week

The Hanoi Ao Dai Festival 2022 will take place around Hoan Kiem Lake pedestrian street from December 2-4.

Minister of Transport issues warning to managers of delayed projects

If transport projects do not proceed on schedule, managers need to prepare to resign, Transport Minister Nguyen Van Thang has said.

Vietnam promoting zero-emission economy

The Vietnamese Government is prioritizing climate change responses, green economy, sustainable development in its action programs. Therefore, businesses are advised to adapt to these concepts for their own growth.

VN businesses promote int’l fundraising amid domestic tightened policy

Many Vietnamese businesses have boosted foreign fundraising to cope with their capital shortage amid the country's tightened monetary policy.