Category: Education News Vietnam

Decision Number 4159/QD-BGDDT, issued on December 6, 2023, by the Ministry of Education and Training (MOET) of Vietnam, outlines a training program and certification for foreigners teaching English at language centres and IT centres in Vietnam….

At least ten universities in Vietnam pulled in revenues of more than VND 2 trillion or US$40.8 million last year, according to analysis from VN Express. Of the ten universities six were public and four were private.

English language proficiency has been a priority in Vietnam for some time, crystallised in 2008, with the Foreign Language Teaching and Learning in the National Education System in the 2008-2020 Period plan. This plan outlined a 10-year foreign language education program for all Vietnamese school students by 2020. This target, however, was a tall ask, and in 2017, with this goal still well out of reach, the project was extended to 2025.

In Vietnam, the cost of education services varies widely based on the type and level of institution. Public schools are generally affordable due to government subsidies, making them accessible to most families. Private and international schools, however, are significantly more expensive…

Trading in APAX Holdings, which was listed on the Ho Chi Minh City Stock Exchange, was suspended late last year and the stock was subsequently delisted for disclosure violations. Specifically, it had failed to provide sufficient financial reports. This comes after years of reports that the firm had failed to pay local and foreign staff for months at a time, with reports there may be some amounts that have now been outstanding for years. That said, the linked article does not make mention of wage theft or amounts owed to other creditors.

Of note, the lowest paid teachers across preschool, primary school, and high school, receive just VND 4.9 million or US$196.59 with the highest paid teachers only VND 15.9 million or US$637.91. For contrast, manufacturing and construction workers receive an average wage of VND 8.3 million or US$333 per month with wages over the last twelve months growing at about 5 percent.

Of note, it is not unusual for Vietnamese firms that have run out of money to hold out for as long as possible by selling assets and cutting staff. Furthermore, it is not unusual for them to be allowed to do so, with a firm not considered insolvent until its debts are over 90 days past due. That said, many firms often go well beyond 90 days…

Of note, local businesses have been struggling to keep up with their foreign counterparts for some time. The share of Vietnam’s exports belonging to foreign invested enterprises, for example, is around 70 percent. This revelation from the School of Management and Business may shed some light on why that is.

Vietnam’s Ministry of Education has found that 146,600 English language learners in Vietnam have International English Language Testing System–known more commonly as IELTS–certificates that were ‘inappropriately issued’. In short, a change in regulations meant that foreign language certificate issuers would need to get approval from the Ministry of Education to

VN Express is carrying an article about Vietnamese students that go overseas to study but can’t find work after they graduate. Interviewees lament in the article that recruiters prefer local graduates who understand the market better. This speaks to changing attitudes in Vietnam toward studying overseas. Whereas there is still

Violations of information disclosure rules have seen APAX Holdings, which runs a chain of English training centres in Vietnam, delisted from the Ho Chi Minh Stock Exchange, VN Express is reporting. Why it matters: APAX well over-expanded before COVID and when the pandemic broke out and centres were forced to