What are types of institutions with foreign investment capital in Vietnam?

What are types of institutions with foreign investment capital in Vietnam?

According to Article 28 of Decree 86/2018/ND-CP, the types of institutions with foreign investment capital in Vietnam include:

- Short-term training institutions.

- Preschools.

- General education institutions (primary schools, lower secondary schools, upper secondary schools, schools with multiple levels).

- Higher education institutions.

- Branches of foreign-invested higher education institutions in Vietnam.

What are types of institutions with foreign investment capital in Vietnam?​ (Image from the Internet)

What are regulations on naming institutions with foreign investment capital in Vietnam?

According to Article 29 of Decree 86/2018/ND-CP, the naming institutions with foreign investment capital in Vietnam is regulated as follows:

- Institutions with foreign investment capital are established and operate in the form of schools or centers and are named according to the following rules:

+ For schools, the name must include the following elements in order: "School", "Level or training degree" and specific name;

+ For short-term training institutions, the name must include the following elements in order: "Education or training center", "Major or main training group" and specific name;

+ For branches of institutions with foreign investment capital in Vietnam, the name must include the following elements in order: "Branch", "Name of the foreign-invested higher education institution" and "in the province or city".

- The specific name of an institution with foreign investment capital must not duplicate or cause confusion with already registered educational establishments, or with the name of the enterprise implementing the investment project; it must not use words or symbols that violate the historical, cultural, ethical traditions and customs of the Vietnamese people.

- Institutions with foreign investment capital shall have a trade name in Vietnamese and an international trade name in English (or another commonly used foreign language) with equivalent content.

- The Minister of Education and Training considers and decides on naming certain unique educational instritution.

What is the maximum operating duration of an institution with foreign investment capital in Vietnam?

Based on Article 30 of Decree 86/2018/ND-CP, the operating duration of an institution with foreign investment capital in Vietnam is regulated as follows:

Operating Duration

The operating duration of an institution with foreign investment capital shall not exceed 50 years from the date of issuance of the investment registration certificate but shall not be longer than the lease term of the land.

Thus, the maximum operating duration of an institution with foreign investment capital is 50 years. This period is calculated from the date of issuance of the investment registration certificate but shall not exceed the land lease term.

What are procedures for establishing an institution with foreign investment capital in Vietnam?

According to Article 31 of Decree 86/2018/ND-CP, the procedures for establishing an institution with foreign investment capital is as follows:

- The permission for establishing an institution with foreign investment capital with short-term training is carried out as follows:

Step 1: Issuance of the investment registration certificate;

Step 2: Issuance of the decision permitting educational activities and notification on the licensing authority's website.

- The permission for diplomatic representatives of foreign countries and intergovernmental international organizations to establish preschools and general education institutions in Vietnam is carried out as follows:

Step 1: Issuance of the decision permitting establishment;

Step 2: Issuance of the decision permitting educational activities and notification on the licensing authority's website.

- The permission for establishing preschools, general education institutions, and higher education institutions with foreign investment capital is carried out as follows:

Step 1: Issuance of the investment registration certificate;

Step 2: Issuance of the decision permitting establishment;

Step 3: Issuance of the decision permitting educational activities and notification on the licensing authority's website.

- The permission for opening a branch of a higher education institution with foreign investment capital is carried out as follows:

Step 1: Issuance of the investment registration certificate;

Step 2: Issuance of the decision permitting the establishment of the branch of the higher education institution;

Step 3: Issuance of the decision permitting activities and notification on the licensing authority's website.