This is an important content of the Decree No. 105/2020/NĐ-CP of Vietnam’s Government providing for early childhood education development policies, issued on September 08, 2020.
Specifically, according to Article 3 of Decree No. 105/2020/NĐ-CP of Vietnam’s Government, preschool center and class investment policy is prescribed as follows:
- Allocate more funding from central government budget and local government budget to invest in facilities under programs and projects to strengthen preschool centers and classes, ensure that each center/class has 01 room by 2025; add more work items or build new ones with the aim of meeting standards for preschool facilities.
- It is encouraged to attract private resources for investment in preschool facilities in any shape or form as per the law.
- Allocate land for preschool institutions in local land use plans; strengthen and develop kindergartens and preschool classes within the socio-economic capacity of each locality with the aim of standardization, modernization, privatization and international integration; provide early childhood education for all children aged five.
Moreover, Article 6 of Decree No. 105/2020/NĐ-CP of Vietnam’s Government also stipulates incentive policies for organizations and individuals investing in early childhood education development as follows:
- Investors making an investment in early childhood education are eligible for incentive land, tax and credit policies and incentive policies for privatization as prescribed by law.
- Investors making an investment in early childhood education are eligible for benefits offered to investment in establishment of preschool institutions in the form of public-private partnership as prescribed by laws on investment.
Concurrently, public preschool institutions may provide some public services not funded by state budget such as semi-boarding services, extra hour preschool services and pickup services. Depending on the socio-economic situation of each province, the provincial People's Committee shall draw up the list of services, stipulate economic-technical norms as well as price bracket and price of each service, and propose them to the People's Council of the province for decision.
View more details at the Decree No. 105/2020/NĐ-CP of Vietnam’s Government, effective from November 01, 2020.
Le Vy
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