vietnam has more than 600 valid foreign invested education projects picture 1
Foreign investment in the domestic education sector has amounted to more than US$4.5 billion. (Photo: vneconomy.vn)

Projects were mainly undertaken in Hanoi and Ho Chi Minh City, accounting for 91.23% of the total registered capital, according to the Ministry of Education and Training at a conference on cooperation and investment in the education sector held in Hanoi on September 15.

In the 2020-2021 school year, Vietnam had more than 3,800 educational institutions owned by non-State actors, with the number of foreign-invested educational institutions accounting for 17%.

The country had 408 joint training programmes with foreign partners at the tertiary education level. The United Kingdom topped the list of countries that has developed cooperation programmes with Vietnam, followed by the United States, France, Australia and the Republic of Korea.

At the conference, education managers, domestic education experts, and scholars from a number of foreign educational institutions exchanged and discussed solutions to promote cooperation and investment attraction in the educational sector.

Investment in education in Vietnam proves effective thanks to a sufficient and favourable legal framework in place. The country aims to develop non-public education with non-public educational institutions anticipated to make up 16% of the total number of educational institutions by 2025.