Major Universities to Become Self-Sufficient in Budget

The Ministry of Education and Training, in cooperation with the ministries of Finance and Internal Affairs, is set to release guidelines to assist some large universities in becoming financially self-sufficient through the adjustment of enrollment fees.

The Ha Noi National Economics University is becoming self-sufficient in budget

The guidelines aim to help solve financial difficulties being faced by some major educational institutions such as the Ha Noi National Economics University, the Ho Chi Minh City Economics University, the Ha Noi University and the Foreign Trade University, when government subsidization will come to an end later.

According to the Ministry of Education and Training, those universities that have already managed to become self-sufficient did so by increasing enrollment fees and generating additional revenue by other means.

By Viet Lan - Translated by Uyen Phuong

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