Vietnam sees increasing investment in education: report
Investment in education in Vietnam tended to increase steadily over the past decade, according to a report by the Vietnam National Institute of Educational Sciences (VNIES).
Participants pose for a group photo at the event. (Photo: vnies.edu.vn)
Hanoi (VNA) – Investment in education in Vietnam tendedto increase steadily over the past decade, according to a report by the VietnamNational Institute of Educational Sciences (VNIES).
The report annalysing the education sector during 2011-2020 wasreleased at a seminar in Hanoi on August 8.
According to the report, the investment in the education sector accounted for more than 18%of the total state budget expenditure, but was still lower than the set rate of20%.
Talking about the outcomes of the analysis at the event, Prof. Dr. LeAnh Vinh, head of the institute, said Vietnam achieved impressive results in theProgramme for International Student Assessment (PISA), an international studythat was launched by the Organisation for Economic Cooperation and Development(OECD) in 1997. It now covers over 80 countries, the PISA survey providescomparative data on 15-year-olds’ performance in reading, mathematics andscience every three years.
According to Vinh, in the 2012’s and 2015’s editions of thesurvey, the average score of Vietnamese students outperforms their OECD peersin all subjects, except reading comprehension.
On the quality of general education in Vietnam, the expertsaid primary education has been successful in equipping 5th graders with basic reading,writing and math skills. Specifically, 70-84% of grade 5 students met theminimum standards in mathematics (multiple choice test) and Vietnamese in the 2013-2014academic year. However, secondary and high school students failed to maintainthis ratio. In the same school year, only 45% of 9th graders met the mathstandards, with the rate being 53% for English. The rates for 12th graders in the 2014-2015 academic year were 52% and 40%, respectively.
At the undergraduate level, the number of students grewstrongly in 2014, decreased slightly in 2018 and bounced back in 2019. In 2018,there were more than 108,000 students studying abroad, equal to 3.6% of Vietnam’stotal. The percentage of university graduates also increased sharply in 2015 and 2016 and declined slightly in 2019.
In 2018, 65.5% students from 181 universities and 40colleges secured jobs after graduation./.
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The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
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Participants pose for a group photo at the event. (Photo: vnies.edu.vn) 
