Vietnam spends 20 pct of budget expenditure on education
Vietnam allocates 20 percent of State budget spending or 5.8 percent of national gross domestic product (GDP) each year for education, according to Minister of Education and Training Phung Xuan Nha.
Minister of Education and Training Phung Xuan Nha speaks at the Education World Forum. (Photo: VNA)
Hanoi (VNA) – Vietnam allocates 20 percent of State budget spendingor 5.8 percent of national gross domestic product (GDP) each year foreducation, according to Minister of Education and Training Phung Xuan Nha.
The number amountsto 8 percent of GDP if family contributions are calculated, the minister saidat the Education World Forum (EWF) held in London in January.
Such investmentshave paid off as Vietnam ranked eighth in science, 22nd in mathematics and 30thin reading in the Programme for International Student Assessment (PISA) test in2015.
According to thePISA test, Vietnam is one of the countries with the highest educationalinvestment efficiency and the country has been always named among the top 10 ofinternational contests for science students.
Vietnam has madesignificant achievements in school network expansion and the universalizationof primary and secondary education.
Localities have alsorolled out preferential policies and facilitated ethnic minority children orthose in difficult circumstances to access education.-VNA
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The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
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