Vietnam’s Ministry of Education and Training (MoET) disbursed an estimated VND63 billion ($3 million) worth of state funding for its projects in November, an increase of 1.6% from October, the government’s General Statistics Office (GSO) said. Disbursement of state fund for education projects was VND561 billion in the first eleven months of this year, down 32% from the same period last year and fulfilling 80.5% of the full-year target. Economists have recently warned of low disbursement for projects in the education and training sector. Meanwhile foreign direct investment (FDI) in the education sector remains humble. By end-October, the education sector has attracted 168 foreign direct investment (FDI) projects with a total registered capital of $663 million, ranking 17th out of 18 sectors with FDI projects. (GSO Nov Edition)
