Ho Chi Minh City, 25 March 2025
Vietnam’s education sector is emerging as a key investment destination for foreign investors, driven by rising demand for international education, a growing middle class, and increasing government support for foreign-invested schools and universities.
With the introduction of Decree 124/2024/ND-CP, Vietnam has updated its regulatory framework, impacting foreign ownership, licensing requirements, and curriculum standards for international schools, higher education institutions, and vocational training centers. Understanding these changes is critical for foreign investors looking to expand into Vietnam’s booming education market.
Key Opportunities in Vietnam’s Education Sector
International & Bilingual Schools: Growing demand for international curricula (IB, Cambridge, American, Australian) among expatriates and Vietnamese students.
Higher Education & Universities: Expanding opportunities for foreign-invested universities and education partnerships with global institutions.
Vocational & Technical Training: Government incentives to attract foreign investment in skill-based training for Vietnam’s industrial and manufacturing workforce.
EdTech & Digital Learning: Rapid growth in online learning platforms, AI-driven education tools, and hybrid education models.
Decree 124/2024: What Foreign Investors Need to Know
Vietnam’s Decree 124/2024/ND-CP introduces key legal updates for foreign education providers, including:
- Foreign ownership regulations for international schools and universities.
- Licensing & accreditation requirements for foreign-invested education institutions.
- Compliance with local education standards and faculty qualifications.
- Student protection policies to ensure high-quality education services.
With these new policies in place, investors must ensure full legal compliance before entering or expanding in Vietnam’s education sector.
Legal Support for Foreign Investors in Education
At Indochine Counsel, we have over 18 yearsof experience advising foreign investors, education providers, and multinational corporations on:
- Education business setup & market entry
- Licensing & regulatory compliance
- M&A & foreign investment structuring
- Contract drafting & commercial agreements
- Dispute resolution & arbitration
With a deep understanding of Vietnam’s education laws and foreign investment policies, we help international schools, universities, training institutions, and EdTech companies navigate legal challenges and market expansion.
Considering investing in Vietnam’s education sector? Contact our legal experts for tailored solutions.