More overseas investors are showing interest in the educational sector in Vietnam - which is evaluated as a market of good potential, according to an article on the Dau Tu (Investment) newspaper.

As of September this year, Vietnam counted 194 foreign direct investment (FDI) projects worth a combined 768 million USD in this field, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

The latest project in the field was a school in the northern province of Vinh Phuc invested by KinderWorld, a Singaporean education group and one of the leading investors in education in Vietnam, which was licensed in mid October.

The 17-million-USD project, which will serve as a living skill teaching school, the first of its kind in Vietnam , will be built on 24.87 hectares, following the success of similar models in 30 countries worldwide.

Chairman of the Vinh Phuc People’s Committee Phung Quang Hung expressed his hope that the group will continue investing in the province. Earlier, the group had conducted studies in the province to seek suitable sites for its plans to build a Vietnam-Singapore International School and the Pegasus University.

Also in mid-October, the northern province of Hung Yen granted an investment licence for the Tokyo Vietnam University of Medicine, a 20 million USD project invested by the Tokyo Medical.

The Dau Tu newspaper quoted the Rector of the British University Vietnam (BUV), Graeme Davies, as saying that BUV and its Malaysian partner are considering a scheme for another education project in Da Nang City.

The BUV received its licence for a campus at Ecopark, Hanoi in July this year, which is expected to be put into operation in late 2016, according to the Rector. The university made its debut in Vietnam late 2009 and has just graduated its second course.

However, foreign investors still called for further improvements in policies and mechanisms regulating FDI in education, in order for attract more capital into this field.-VNA