The forum is with the presence of Minister of Education and Training, Phùng Xuân Nhạ; Envoy Extraordinary of UK Prime Minister, Mr. The Rt Hon Edward Vaizey MP; Ambassador Extraordinary and plenipotentiary of the Socialist Republic of Vietnam to the UK, Mr. Trần Ngọc An and 230 delegates of Vietnamese and British universities, enterprises, and educational institutions.
The UK, a country with a developed education system, which is a strategic partner that has a long-term collaboration relationship with Vietnam in many fields, especially education and training.
Vietnam-UK Education Cooperation and Investment Promotion Forum was held with the desire to connect investors, educational institutions of both sides; share investment and cooperation opportunities in terms of education; promote collaboration and investment in education in Vietnam, contributing to strengthening the strategic collaboration relationship between Vietnam and the UK.
Giving the speech at the Forum, Minister Phùng Xuân Nhạ emphasized that educational development was defined as one of three breakthroughs in implementing Vietnam’s socio-economic development strategy for the period 2011-2020 to “make a radical shift in human resource development with a focus on education and training, science and technology.”
By the end of 2018, Vietnam has attracted 455 foreign investment cooperation projects in the field of education with total investment over four billions USD. Besides, Vietnam has also approved 530 cross-border training programmes between Vietnamese and foreign universities, in which over 80 transnational programmes were with the UK.
Speaking of the reasons for universities, investors from the UK to choose Vietnam as an investment destination, the Minister stated that Vietnam was a country with young population, traditional fond of learning and nowadays, Vietnamese families had an increasing demand for their children to study at educational institutions with international quality. In addition, Vietnam was also addressing the problem of educational quality, especially the quality of higher education according to international standards as well as quality assurance conditions.
Recently, Vietnam government has introduced many policies, created an open mechanism to encourage socialization of domestic and foreign resources to improve educational quality. Vietnam desires to attract foreign investment in the form of establishing educational institutions, representative offices and cross-border training to create an international studying environment domestically with high quality, reasonable fee, meeting the learning need of the majority and contributing to improving the competitiveness of education.
The Minister hoped that after Vietnam-UK Education Cooperation and Investment Promotion Forum, investments in Vietnamese education would be improved; collaboration, exchange of students, teachers, professors, researchers, joint scientific research projects between two countries and collaboration among educational institutions, enterprises of both countries in terms of education would have new developments.
“It is important not in the number of Co-operation memoranda signed at this Forum but the implementation and quality of implementing Co-operation memoranda in practice, which results are given to the innovation and development of education in Vietnam.” – the Minister stated.
At the Forum, in the presence of the Minister of Education and Training Phùng Xuân Nhạ; Mr. The Rt Hon Edward Vaizey MP, Envoy Extraordinary of UK Prime Minister; Mr. Trần Ngọc An, Ambassador Extraordinary and plenipotentiary of the Socialist Republic of Vietnam in the UK, representatives of Ministry of Education and Training, universities, enterprises, educational institutions of both countries signed 24 Co-operation memoranda. This has been the “record” number at a forum of promoting investment in Vietnam’s education so far.
Also in the Forum, some partners participating in cooperation activities in the field of education between Vietnam and the UK shared experience in practical cooperation process in Vietnam in the past period, as well as expressed their desire to collaborate in the upcoming period to bring benefits to both sides, contributing to promoting innovation process of Vietnam’s education.