Changes Foreseen On Cooperation And Investment In The Education Sector

On 06 June 2018, the Government issued Decree No. 86/2018/ND-CP (Decree 86). Decree 86 became effective on 1 August 2018 and provided further regulations and guidance on investment in the education sector. During the period it has been effective, the implementation of Decree 86 has revealed several incompatibilities with other related regulations. This may cause confusion and create unnecessary barriers to investments in the education sector.

The Ministry of Education and Training (MOET) aims to rectify this issue, and as the first step has circulated a draft decree. The draft decree focuses on joint partnerships between local and foreign investors in the education sector. It is important to note that the draft decree is still subject to the collection of public opinions, and further revisions are to be expected.