Billion dollar brain – Talk Vietnam

The Hanoitimes - Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries. Vietnamese people spend billions of dollars on studying abroad each year, mostly in the developed countries such as the US, Australia, the UK, and Japan. Illustrative photo Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries aforementioned. As of 2017, the money which Vietnamese students paid for tuition in the US was more than US$1 billion, followed by Japan with US$990 million, US$914 million in Australia, and US$400 million in the UK. In the US, the number of Vietnamese students amounted to 31,389 as of end-2017. Annual average expenses for a student in the US are around US$36,564, according to the Student and Exchange Visitor Information System (SEVIS). In Japan, Vietnam ranks second in terms of overseas students with 61,671 in … [Read more...] about Vietnamese spend billions of dollars on overseas study

Mitsubishi plans to make electric cars in Viet Nam Japan’s Mitsubishi Corporation plans to invest in an electric automobile manufacturing factory in Viet Nam, said Executive Vice President Hiroshi Sakuma during a meeting with Vietnamese Deputy Prime Minister Vuong Dinh Hue in Ha Noi on Wednesday. At the meeting, Sakuma said his firm was evaluating the feasibility of the project and look forward to new regulations on environmental protection taxes to promote investment in the country. Hue said Viet Nam’s National Assembly would soon discuss and pass the Law on Environmental Protection Tax. There would be incentives commensurate with environmentally friendly products. The Mitsubishi Corporation is currently investing in two BOT (Build-Operate-Transfer) projects in Viet Nam, namely the Vung Ang 2 Thermal Power Plant (1,200 MW) and Vinh Tan 3 (1,980 MW) Power Plant. The corporation and Viet Nam’s Ministry of Industry and Trade signed an investment … [Read more...] about BUSINESS NEWS IN BRIEF 31/8