The total value of signed official development assistance (ODA) agreements for education and training in the 1998-2009 period reached more than VND26 trillion, reports the Ministry of Education and Training.
More than 40 percent of the money will be invested in university education, equal to more than VND11 trillion. These will not include 4 foreign invested universities and colleges with an initial registered capital of about VND1.2 trillion.
The Government’s policy aimed at mobilising social investment in university education has also achieved some positive results. 29 private universities and 27 private colleges have been newly established and upgraded in this period with a total capitalisation of more than VND1.5 trillion.
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