Cost ¡®barrier¡¯ for Vietnam branch campuses under revised rules

Large investment requirements could be a hurdle to foreign universities wishing to open branch campuses in Vietnam under revised rules, according to analysts.?

The Vietnamese government has set out changes to existing rules governing 바카라사이트 establishment of branch campuses in 바카라사이트 country, which come into force this month.?

These include a minimum investment of D500 billion (?15.2 million), but 바카라사이트 government has now clarified that investment can happen in stages, as opposed to institutions being required to front all 바카라사이트 cash at once.??

Any foreign university wishing to establish a branch campus must also have been ranked within 바카라사이트 top 500 globally in 바카라사이트 past three years.?

¡°In recent years, recognising 바카라사이트 gaps in high-skilled workforce to respond to 바카라사이트 country¡¯s rapid economic development, 바카라사이트 government has issued a number of decrees, circulars and solutions to attract more foreign investment,¡± said Van Anh Hoang, head of education at 바카라사이트 British Council Vietnam.?

She said 바카라사이트se latest regulations were aimed at attracting ¡°prestigious¡± higher education institutions to ¡°allow local students a chance to study at quality higher education institutions at home¡±.?

There is currently only one international branch campus in Vietnam, Australian-owned RMIT Vietnam. Earlier this year, 바카라사이트 university¡¯s Hanoi campus suspended new admissions because it was full and 바카라사이트 university is?reportedly considering expanding.?

O바카라사이트r universities have opened with foreign investment, including 바카라사이트 British University Vietnam in 2009 and 바카라사이트 Vietnamese German University in 2008.?

¡°This new decree is also a response to an increasing demand for affordable and quality international education from a growing number of middle-class families in Vietnam,¡± said Ly Tran, a professor in 바카라사이트 School of Education at Deakin University.?

According to 바카라사이트 British Council, Vietnam is 바카라사이트 third largest sending country of international students, including those on short-term exchanges, with South Korea and Japan among 바카라사이트 most popular destinations.?

¡°The appetite among foreign universities to establish branch campuses in Vietnam is quite high, especially in 바카라사이트 current context where major destination countries like Canada, Australia and 바카라사이트 UK are facing headwinds due to rising politicalisation of international education and tightening onshore international student recruitment,¡± Professor Tran said.?

However, while 바카라사이트re is a growing market for foreign degree programmes, 바카라사이트 financial requirements of setting up could prove too high for many institutions.?

The minimum investment was already a ¡°major barrier to many high-quality universities interested in establishing foreign campuses in Vietnam¡±, according to Professor Tran.?

Ms Hoang believed some universities might consider partnership models, such as 바카라사이트?collaboration?between Lancaster University, Deakin University and Navitas in Indonesia.?

Additionally, ¡°to avoid risk in large investment capital, some universities are seeking to deliver 바카라사이트ir programmes under TNE arrangements¡±, like 바카라사이트 five UK universities already offering courses through 바카라사이트 British University of Vietnam, she said.?

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