The Vietnamese Government’s Decree 73/2012ND-CP, which took effect in November 2012 applies to foreign investment and cooperation projects in education and vocational training in Vietnam including foreign-invested tertiary institutions, schools and kindergartens, twinning programs, and representative offices of foreign education institutions.
This overview of Decree 73 outlines the areas covered by the decree including forms of foreign investment in education, capital investment requirements, duration of foreign-invested education institutions, twinning programs and representative offices, authority to approve establishment, quality assurance, etc.
Vietnamese Government is drafting a further circular which will provide more detailed guidelines on the implementation of Decree 73. AEI Vietnam will provide the information once the circular is available.