Conditions for establishment of short-term training and retraining establishments of foreign investors in Vietnam
Conditions for establishment of short-term training of foreign investor in VN under the Education Service and is one of the industries and professions with conditional market access for foreign investors. Accordingly, a short-term training and fostering institution is a foreign-invested educational institution, including a center for training and fostering foreign languages, informatics, culture, skills, expertise, professionalism, including training and retraining institutions established by foreign diplomatic missions or intergovernmental international organizations licensed to operate in Vietnam (Article 2 of Decree 86/2018ND-CP)
For example: Foreign language training center, Informatics training center, Soft skills training center (cooking, dancing, garment,…),….
Firstly, conditions for foreign investors according to the WTO schedule of commitments
Short-term training and retraining institutions in the adult education service industry (CPC 924) are committed by Vietnam to open freely and without restrictions from January 1, 2009. Foreign investors with nationality as a member of WTO can establish short-term training and retraining establishments with a maximum foreign capital of 100% in Vietnam.
Secondly, conditions according to Vietnamese law (Decree 86/2018/ND-CP)
Capital conditions (Article 35):
Must have an investment rate of at least 20 million VND/student (excluding land use costs). The minimum total investment capital is calculated based on the time with the highest expected scale.
Conditions on facilities (Article 36):
• Having appropriate classrooms in terms of lighting, furniture, equipment, and teaching aids;
• Having an area used for learning and teaching to ensure an average of at least 2.5 m2/learner;
• There are offices of the board of directors, leaders, teachers’ rooms, libraries and other functional rooms.
Conditions on the training program (Article 37):
The educational program must reflect the educational objectives and must not contain any content harmful to national defense, security or the interests of the community; not propagate religion, distort history; must not adversely affect the culture, morality, fine customs and traditions of Vietnam and must ensure the connection conditions between educational levels and training levels. Organized educational programs include:
• Vietnam’s educational program in accordance with Vietnamese law;
• Foreign short-term training and retraining programs;
• Training programs at university, master and doctoral degrees from abroad within the framework of training links with foreign countries.
Conditions for teaching staff (Article 38):
Teachers must have at least a college degree or equivalent, with a training discipline relevant to their assigned teaching specialty. The maximum student/teacher ratio is 25 students/teacher.
Note to investors: When carrying out the procedures for setting up a short-term training and retraining institution in Vietnam, foreign investors need to prove the investor’s capacity when meeting all the conditions under the provisions of this Law. regulations of Vietnamese law on dossiers, step-by-step establishment of short-term training institutions and implement those conditions in practice after being approved by the competent authority and carry out the procedures for obtaining an operating license and posting notices on the website of the licensing authority.
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