Hanoi (VNS/VNA) - The Vietnamese Government has issued a series ofconditions required to set up a foreign-invested vocational traininginstitution in Vietnam, expected to take effect from March 20.
The conditions were itemised in Decree 15/2019/ND-CP, which offers detailedinstructions on the implementation of the law on vocational training.
Accordingly, the investor’s project would need to be in line with the nationalplanning of vocational training network in the country.
The investor would also need to make sure to obtain at least 1,000 sq.m of landfor a basic vocational training centre; 10,000 sq.m for a secondary-levelvocational training school in urban areas or 20,000 sq.m if the school islocated in the suburbs or rural areas; 20,000 sq.m for college-level vocationaltraining schools in urban areas, or 40,000 sq.m outside urban areas.
The investor would also need to possess at least 5 billion VND (216,000 USD) ininvestment capital to open a vocational training centre, and 50 billion VND and100 billion VND to open a secondary vocational training school and vocationalcollege, respectively.
The planned training curricula needs to meet the requirements of Item 1, Article34 of the Law on Vocational Training, and does not contain content that mightthreaten national defence and security or public interests, propagate religiousideologies or present warped views of the history and cause negative influenceson Vietnamese morals, culture and customs.
The institutions would also need to make sure that its Vietnamese student bodywould be taught obligatory subjects as per regulations by the Ministry ofLabour, Invalids and Social Affairs.
The Decree also specifies the conditions for the establishment of a branch oranother campus of a foreign-invested secondary vocational school and college,which include a detailed project to establish said branch, with statementsclarifying the necessity for such establishment; the name and scope ofoperation of the branch; a development plan, the planned vocational fields andsubjects.
The investors who wish to establish another branch of vocational traininginstitution would need to present a contract or agreement on the lease ofinfrastructure and facilities for minimum five years, with its investmentcapital reaching at least 25 percent of the capital required to establishfull-fledged vocational training institutions of corresponding levels mentionedabove.-VNS/VNA
The conditions were itemised in Decree 15/2019/ND-CP, which offers detailedinstructions on the implementation of the law on vocational training.
Accordingly, the investor’s project would need to be in line with the nationalplanning of vocational training network in the country.
The investor would also need to make sure to obtain at least 1,000 sq.m of landfor a basic vocational training centre; 10,000 sq.m for a secondary-levelvocational training school in urban areas or 20,000 sq.m if the school islocated in the suburbs or rural areas; 20,000 sq.m for college-level vocationaltraining schools in urban areas, or 40,000 sq.m outside urban areas.
The investor would also need to possess at least 5 billion VND (216,000 USD) ininvestment capital to open a vocational training centre, and 50 billion VND and100 billion VND to open a secondary vocational training school and vocationalcollege, respectively.
The planned training curricula needs to meet the requirements of Item 1, Article34 of the Law on Vocational Training, and does not contain content that mightthreaten national defence and security or public interests, propagate religiousideologies or present warped views of the history and cause negative influenceson Vietnamese morals, culture and customs.
The institutions would also need to make sure that its Vietnamese student bodywould be taught obligatory subjects as per regulations by the Ministry ofLabour, Invalids and Social Affairs.
The Decree also specifies the conditions for the establishment of a branch oranother campus of a foreign-invested secondary vocational school and college,which include a detailed project to establish said branch, with statementsclarifying the necessity for such establishment; the name and scope ofoperation of the branch; a development plan, the planned vocational fields andsubjects.
The investors who wish to establish another branch of vocational traininginstitution would need to present a contract or agreement on the lease ofinfrastructure and facilities for minimum five years, with its investmentcapital reaching at least 25 percent of the capital required to establishfull-fledged vocational training institutions of corresponding levels mentionedabove.-VNS/VNA
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