return icon

Vietnam’s education sector a gold mine for investors

VietNamNet Bridge - Vietnamese spend $4 billion every year on overseas study, while 450 foreign language centers exist in Hanoi and HCMC. 

VietNamNet Bridge - Vietnamese spend $4 billion every year on overseas study, while 450 foreign language centers exist in Hanoi and HCMC. 


Vietnam's education sector is a gold mine for investors

“International schools in Vietnam are expected to see a large wave of applications from Vietnamese students following the newly released decree which lifts the ceiling on the proportion of Vietnamese students at foreign invested schools,” said Troy Griffiths, deputy CEO of Savills Vietnam.

Taking effect on August 1, Decree 86 says that one international school can enroll up to 50 percent of Vietnamese students instead of 10 percent as previously stipulated.

The decree covers five types of education organizations – short-term training organizations, preschools, general education establishments, high-level education organizations and branches of international high-level organizations.

A UNESCO report showed that the number of Vietnamese students studying in foreign schools is increasing by 12 percent annually, from 50,000 in 2012 to 80,000 in 2016.

The new regulation brings great opportunities to foreign investors who plan to build international schools in Vietnam. 

The limitation on the proportion of Vietnamese students in international schools was a big barrier to foreign investment in the education sector, despite the high demand. 

The demand for study at international schools is high not only in Hanoi and HCMC, but also in other cities/provinces, where there are not many foreign students because of the limited number of expats, but there are many Vietnamese students.

As the Vietnamese education still cannot satisfy international standards, many well-off Vietnamese families send their children overseas to prestigious schools. 

A UNESCO report showed that the number of Vietnamese students studying in foreign schools is increasing by 12 percent annually, from 50,000 in 2012 to 80,000 in 2016.

Meanwhile, Minister of Education and Training Phung Xuan Nha said before the National Assembly at the June session that Vietnamese spend $3-4 billion a year on overseas study.

With 41 percent of the population belonging to the ‘golden generation’ (below 24 years old), and the number of wealthy and middle-class people on a rapid rise, Vietnamese are spending more money on their children’s education.

Investors pour money into foreign language centers

Hanoi and HCMC have been witnessing foreign language centers mushrooming in the last few years. There are about 450 centers in the cities, where ILA and Apax lead the market.

Vietnam ranked seventh out of 20 surveyed countries in 2017 in Education First English Proficiency Index (EFEPI).

The increasingly high demand from Vietnamese students for upgrading foreign language skills to find better jobs has prompted investors to develop foreign language centers.

Many M&A deals have occurred in the education sector. Cognita, an education fund, bought International School of HCMC and Saigon Pearl, a primary school. 

Meanwhile, North Anglia fund bought British International School, and EQT invested in ILA. 

IFC poured money into Vietnam-USA Society (VUS) and Mekong Capital into Yola, an English Center, while IAE invested in Western University.


Foreign language centers cry wine and sell vinegar

Hanoi tightens control over foreign language centers

Kim Chi


President to pay State visit to RoK next week

President Nguyen Xuan Phuc and his spouse will pay a state visit to the Republic of Korea from December 4-6.

Fansipan among five top destinations for mountain trekking at year-end

Renowned tourism website Women's Weekly of Singapore has named Fansipan among the leading five destinations to visit for mountain trekking at the end of the year, with the website noting the Vietnamese mountain’s impressive views.

Dortmund chiefs predict bright future for VN football

Although this was only a friendly game with many of the German stars absent from the starting eleven due to the Qatar World Cup, the victory gave the Bundesliga team food for thought about Vietnamese players.

International designers dazzle fashion fans in Hanoi

International designers left a deep impression on fans of fashion in Hanoi with hundreds of fascinating designs presented at the Aquafina VN International Fashion Week (AVIFW) Fall/Winter 2022.

Monthly Government meeting focuses on year-end key tasks

The Government has established working groups on liquidity and currency, the real estate market and corporate bonds led by deputy prime ministers to stabilise these markets.

Vietnam to reduce environmental impact of textile-garment industry by 2030

The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030.

Property brokers no longer manipulate prices as buyers become more cautious

As buyers have become more aware and careful about shady practices, real estate brokers have not been able to sell properties at prices much higher than their real value.

Hanoi to turn middle alluvium ground into park

One more park has been designed for Hanoians. However, it is still unclear when the project will appear, as a number of other projects are still on paper or pending.

Asian investors eye more M&A opportunities in Vietnam

Investors from Japan, the Republic of Korea (RoK), and Singapore are looking for more potential merger and acquisition (M&A) opportunities in Vietnam, pinning high hopes on the long-term growth prospects of the market.

Vietnam's fishery exports exceed 10 billion USD in 11 months

Fishery exports reeled in 10.14 billion USD as of November this year, up 27% annually, said the Ministry of Agriculture and Rural Development.

HCM City want foreign doctors to be fluent in Vietnamese

The HCM City Department of Health has just proposed that foreign doctors should be fluent in Vietnamese if they want to work in the country.

Use of toxic e-cigarettes among students on the rise

After a trial smoke, T lost consciousness, was foaming at the mouth, and his limbs were curled up. Two days later, T regained consciousness at the hospital, but was still in the status of extreme fear.

Vietnam spends US$7.74 billion importing petroleum products

Vietnam imported over 7.5 million tonnes of oil and petrol worth around US$7.74 billion as of mid-November, up 24.1% in volume and 122% in value year on year, according to the General Department of Vietnam Customs.

Vietnam won’t sacrifice the environment for economic growth: Prime Minister

Vietnam takes people as the goal in development. People will enjoy the fruits of a green economy and the government will not sacrifice the environment to pursue economic growth.

Vietnam’s bond market contracts amid monetary tightening

After strong growth in the previous quarter, Vietnam’s currency bond market contracted 0.2% due to a decline in the Government bond market and slower growth in corporate bonds.