“Vietnam’s gains in higher education are evident in the numbers: 17 times more students enrolled since 1991. But Vietnam needs stronger growth in labor productivity and further significant shifts of the workforce to more productive sectors. Addressing this challenge requires different skills sets and competencies and further strengthening the access to, and quality of higher education. This is at the core of what this project aims to achieve”, said Ousmane Dione, the World Bank Country Director for Vietnam.
The project will support the financing of new facilities and equipment for teaching and research, as well as the strengthening management systems. Science and technology universities as well as research-oriented institutions will benefit, so that lessons can be generalized to inform policies on autonomy and quality assurance for the universities.
Additional objectives of the project include support for the strengthening of the key components of higher education – such as the national accreditation system as well as efforts to share the lessons learned by the beneficiary universities. The project will also support policy analysis for sustainable financing and autonomy and the development of an information management system and a shared e-library system.
The International Development Association (IDA), the World Bank’s fund for low income countries, will provide US$ 155 million to the US$ 174 million project, with the Government of Vietnam providing the remaining financing.
