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General provisions of Decree 73 by Vietnamese Government - Question and Answer

25 August, 2016 |

Question: Which is Governing Scope and Applicability of Decree 73?

Answer:

Decree 73 provides specific regulations on foreign cooperation and investment in education and vocational training, including joint training programmes, educational establishments with foreign capital investments and foreign educational representative offices in Vietnam.

Decree 73 is applicable to Vietnamese organizations and individuals, international organizations and foreign organizations and individuals engaged in cooperation and investment activities in education and vocational training.

Question: What are Training disciplines and trades permitted for cooperation and investment on education in Vietnam?

Answer:

Foreign organizations and individuals, international organizations (hereinafter collectively referred to as foreign organizations and individuals) shall be allowed to cooperate and invest in education and vocational training subject to Vietnam’s laws and the International Agreements to which Vietnam is a signatory.

Based on the requirements for the country’s socioeconomic development, the Minister of Education and Training and Minister of Labor, War Invalids and Social Affairs shall make specific provisions on the list of training disciplines and trades that foreign organizations and individuals may cooperate and invest in.

Question: What is Education Quality Audit for Foreign investors on education in Vietnam?

Answer:

1. During their operations, educational establishments engaged in joint training and educational establishments with foreign capital investment in Vietnam shall:

a) be accountable for the education quality; periodically carry out internal assessments, ensure quality and enhance quality in accordance with Vietnamese or foreign standards.

b) register for periodic quality audits in compliance with the regulations of the Ministry of Education and Training or the Ministry of Labor, War Invalids and Social Affairs.

2. Competent education quality auditors of joint training programmes and educational establishments with foreign capital investments in Vietnam shall be Vietnamese quality assurance and accreditation bodies or foreign education quality auditors approved by the Ministry of Education and Training or the Ministry of Labor, War Invalids and Social Affairs.

3. The Minister of Education and Training and Minister of Labor, War Invalids and Social Affairs shall make specific provisions on the criteria, procedures, and quality audit cycles, as well as the duties, responsibilities and power of Vietnamese quality assurance and accreditation bodies to audit the quality of joint training porgrammes and educational establishments with foreign capital investment in Vietnam.

Question: What are financial provisions on foreign cooperation and investment?

Answer:

1. Educational establishments engaged in joint training programmes with foreign partners, educational establishments with foreign capital investment and foreign educational representative offices shall comply with current Vietnamese legal regulations on finance, accounts, audits and taxations.

2. The Ministry of Education and Training, the Ministry of Labor, War Invalids and Social Affairs, and the Ministry of Finance shall provide specific guidance on on finance, accounts, audits and taxations applicable to foreign cooperation and investment in education and vocational training.

Source: Decree 73 on foreign cooperation and investment education by Vietnamese Government

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