The Ministry of Education and Training has proposed new regulations which will loosen the limit on the age and number of pupils at international schools, but raise the required level of investment capital.
A model of the British University Vietnam
Decree 73 issued in 2012 stipulated that foreign-owned nurseries would only be permitted to admit foreign children as Vietnamese children below the age of five years are banned from internationally-run schools. The numbers of Vietnamese pupils at foreign-invested primary and secondary schools in Vietnam are currently capped at 10% of their total student number and 20% for high schools.
Nguyen Xuan Vang, head of the ministry's International Co-operation Department said the percentage limit would be removed and nurseries would be allowed to receive Vietnamese children. However, the schools and nurseries would be forced to follow ‘approved content’.
Foreign investors can temporarily rent a facility while building a permanent university site. But investors in international universities in Vietnam would need to have capital of at least VND1trn, around USD44 million.
Nguyen Kim Dung, lawyers of the British University Vietnam, said the new regulations would create a better environment for investors as it reduced redundant procedures. In the Decree 73, lecturers must have five years of experience and a master's degree, the new regulations allowed native lecturers with bachelor degrees and suitable certificates.
"The new regulations promise a better environment for education investment. The ministry also said it would have specific regulations for different sectors," Dung said.