The Vietnamese government would in the coming time allow the establishment of some pilot ‘joint stock’ universities through the cooperation of state-owned universities and enterprises.

Investors will be given more incentives of land and taxes.  At present, under the government’s Decree 69/2008/ND-CP on incentive policies on socialisation of the activities in education and training, vocational training, health care, culture, sports and environment, education and training investors shall have to pay a preferential corporate income tax rate of only 10 per cent during their projects’ lifespan. Moreover, they are also exempted from paying land rentals, reports Vietnam Investment Review.