Recently, the Ministry of Education and Training issued Circular 16/2018/TT-BGDDT regulating funding for educational institutions within the national system.
the support for these educational institutions is implemented in the following forms:
- Monetary sponsorship: The sponsor will transfer an amount of money in Vietnamese dong or foreign currency, diamonds, precious stones, or precious metals directly to the educational institution or through the accounts of those institutions at the Treasury or commercial banks;- In-kind sponsorship: The sponsor will transfer items such as books, notebooks, clothes, food, materials, equipment, teaching aids, construction works; other items to meet the needs of learners and educational institutions;- Non-material sponsorship: The sponsor will transfer or grant free usage rights related to copyrights, ownership rights of intellectual properties, land use rights, free consulting experts, and several other services.
More details can be found in Circular 16/2018/TT-BGDDT effective from September 18, 2018.
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