More overseas investors are showing interest in the educational sectorin Vietnam - which is evaluated as a market of good potential, accordingto an article on the Dau Tu (Investment) newspaper.
As of September this year, Vietnam counted 194 foreign directinvestment (FDI) projects worth a combined 768 million USD in thisfield, according to the Foreign Investment Agency under the Ministry ofPlanning and Investment.
The latest project in thefield was a school in the northern province of Vinh Phuc invested byKinderWorld, a Singaporean education group and one of the leadinginvestors in education in Vietnam, which was licensed in mid October.
The 17-million-USD project, which will serve as aliving skill teaching school, the first of its kind in Vietnam ,will be built on 24.87 hectares, following the success of similar modelsin 30 countries worldwide.
Chairman of the VinhPhuc People’s Committee Phung Quang Hung expressed his hope that thegroup will continue investing in the province. Earlier, the group hadconducted studies in the province to seek suitable sites for its plansto build a Vietnam-Singapore International School and the PegasusUniversity.
Also in mid-October, the northernprovince of Hung Yen granted an investment licence for the Tokyo VietnamUniversity of Medicine, a 20 million USD project invested by the TokyoMedical.
The Dau Tu newspaper quoted the Rector ofthe British University Vietnam (BUV), Graeme Davies, as saying that BUVand its Malaysian partner are considering a scheme for another educationproject in Da Nang City.
The BUV received itslicence for a campus at Ecopark, Hanoi in July this year, which isexpected to be put into operation in late 2016, according to the Rector.The university made its debut in Vietnam late 2009 and has justgraduated its second course.
However, foreigninvestors still called for further improvements in policies andmechanisms regulating FDI in education, in order for attract morecapital into this field.-VNA
As of September this year, Vietnam counted 194 foreign directinvestment (FDI) projects worth a combined 768 million USD in thisfield, according to the Foreign Investment Agency under the Ministry ofPlanning and Investment.
The latest project in thefield was a school in the northern province of Vinh Phuc invested byKinderWorld, a Singaporean education group and one of the leadinginvestors in education in Vietnam, which was licensed in mid October.
The 17-million-USD project, which will serve as aliving skill teaching school, the first of its kind in Vietnam ,will be built on 24.87 hectares, following the success of similar modelsin 30 countries worldwide.
Chairman of the VinhPhuc People’s Committee Phung Quang Hung expressed his hope that thegroup will continue investing in the province. Earlier, the group hadconducted studies in the province to seek suitable sites for its plansto build a Vietnam-Singapore International School and the PegasusUniversity.
Also in mid-October, the northernprovince of Hung Yen granted an investment licence for the Tokyo VietnamUniversity of Medicine, a 20 million USD project invested by the TokyoMedical.
The Dau Tu newspaper quoted the Rector ofthe British University Vietnam (BUV), Graeme Davies, as saying that BUVand its Malaysian partner are considering a scheme for another educationproject in Da Nang City.
The BUV received itslicence for a campus at Ecopark, Hanoi in July this year, which isexpected to be put into operation in late 2016, according to the Rector.The university made its debut in Vietnam late 2009 and has justgraduated its second course.
However, foreigninvestors still called for further improvements in policies andmechanisms regulating FDI in education, in order for attract morecapital into this field.-VNA
