New regulations on higher education institutions in Vietnam

According to the Amending Law on Higher Education of Vietnam, higher education institutions are legal entities, including universities, parent universities and other types of higher education institutions defined by law.

National universities and regional universities are parent universities responsible for achievement of strategic national and regional development objectives.

Types of higher education institutions include:

- Public higher education institutions invested, maintained and represented by the State as the owner;

- Private higher education institutions invested and maintained domestic or foreign investors.

- A non-profit higher education institution is one in which the investor declare that the institution does not run for profit as written in the decision to permit its establishment or conversion; the investor will not withdraw capital or receive dividends; the annual accumulated profit shall be considered non-distributable property and will be used as reinvestment in such institution.

- Only conversion from a private higher education institution to a non-profit private higher education institution is permitted.

All types of higher education institutions are equal before law.

According to the Amending Law on Higher Education of Vietnam, based on the capacity and requirements for socio-economic development, the higher education institution shall determine the development goals and operational orientations as follows:

- Research-oriented higher education institutions;

- Application-oriented higher education institutions;

The Government shall elaborate regulations on recognition of research-oriented higher education institutions on the basis of their training and research results; conversion of universities into parent universities; association between universities and parent universities; conversion of private higher education institutions into non-profit private higher education institutions; rules for naming and renaming higher education institutions; organization and operation of higher education institutions established under treaties between the Government of Socialist Republic of Vietnam and foreign parties.

View more details at the Amending Law on Higher Education of Vietnam, effective from July 01, 2019.

-Thao Uyen-

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