Vietnam: The Unique Case of For-Profit Monopoly

  • Quang Chau University at Albany
Keywords: Vietnam, for-profit, nonprofit, private higher education, corporations

Abstract

In 2006, the Vietnamese state made a policy unique in global private higher education (PHE), when it mandated that all nonprofit private universities convert to for-profit. This U-turn decision in effect acknowledged the widespread reality that nonprofit institutions were in fact distributing profits to owners. The state has recently legalized the nonprofit form, but many critics have doubts about how nonprofit the emergent nonprofit form will be.

Author Biography

Quang Chau, University at Albany

Quang Chau is a PhD candidate at the Department of Education Policy & Leadership, University at Albany, US. E-mail: qchau@albany.edu.

Published
2020-07-10
How to Cite
Chau, Q. (2020). Vietnam: The Unique Case of For-Profit Monopoly. International Higher Education, (103), 25-26. Retrieved from https://ejournals.bc.edu/index.php/ihe/article/view/14651
Section
Articles