New regulation adjusts limit on foreign investment in educationVietNamNet Bridge - Some limitations on foreign investment in education have been removed with the release of a new decree. As a result, Vietnamese students have to queue for their turn to enter some prestigious foreign-invested schools. Foreign investors complain about the complicated procedures they have to follow when setting up new education establishments, regardless of whether it is a branch of foreign language center or a large university. New regulationThe Decree 86 which took effect in early August lifted the limit on the number of Vietnamese students in foreign-invested education establishments from 10-20 percent to 50 percent. The establishments have to experience two-step procedures – obtaining investment registration licenses and education operation licenses, while other establishments, from nursery schools to universities still have to follow three-step procedures.

Source: VietNamNet News August 20, 2018 01:52 UTC