Archive for January 2012

Winter 2012 Update: Vietnam’s Mixed Messages Sideline Foreign Investors

31/01/2012

Courtesy of Vietnomics

This winter 2012 update is from Vietnomics, a global sourcing consultancy that links US and Vietnamese investors and companies.  Thanks, Jeff! 

Summary

Vietnam begins 2012 at a crossroads and needs meaningful reforms to complete the transition to a market economy that it started a generation ago.  At times, the country seems to be moving decisively toward restructuring and consolidating its banking system, controlling public spending, and privatizing inefficient state-owned corporations.  Even so, as one of the world’s most promising economies, Vietnam also faces stagnation unless the government can convince global investors it is ready to control the power of state-owned companies, private conglomerates, and institutions that are content with the status quo.  Optimists contend that now is the time to invest in Vietnam, partly because many investors have lost patience just when Vietnam offers exceptional value.  Supporting that view are surging exports, a modest 5% budget deficit, and less foreign debt.  The question for 2012 is whether Vietnam’s homeostatic forces will allow reform needed for the country to realize its economic potential.

Optimism, Pessimism, and Opportunity

Vietnam enters 2012 with mixed messages that defy efforts to discern trends. 

Most discouraging:

  • Vietnam has been losing its battle to gain credibility with foreign investors.  The World Bank lowered Vietnam’s business climate ranking from 90th to 98th among 183 world economies.  A European Chamber of Commerce survey finds its members are disappointed with Vietnam.
  • Businesses within Vietnam are discouraged too.   Grant Thornton’s new global survey finds optimists among Vietnamese businesses went from 80% early last year to 34% by year’s end.
  • An HSBC economist calls Vietnam the most exposed major country in Southeast Asia to an economic downturn because of its budget deficit, low reserves, and high inflation. 
  • Vietnam is the province of a small group of international investors, with 15,588 foreigners permitted to trade in Vietnam.  Active traders are a shrinking fraction as the VN Index declined 27% in 2011.  
  • 43% of Vietnam’s biggest corporate taxpayers are owned by the government, while private firms slid from 21% to 18% of the total.  This suggests backsliding in the transition to a free market economy.

More encouraging signs:

  • Rising tourism.  Vietnam set a record with six million international visitors in 2011, 19% more than 2010, including 71% more foreigners making visits to relatives in Vietnam.
  • Surging exports.  Vietnam’s trade deficit is much lower than expected as exports exceed the government’s target by 10% and outpaced imports.
  • Improving infrastructure.  Vietnam opened its first modern deep-water harbor near Saigon.  The $250 million project with a one-third-mile-long wharf receives container ships anchored up to 45 feet deep

Click here to read the rest (PDF).

Key Data:  2011 vs. 2010 from government monthly statistical reports

Gross Domestic Product – $120 billion, up 5.9%
Consumer Prices – up 18.6%
Exports –$96 billion, up 33%
Imports — $106 billion, up 25%
International Visitors – 6,014,000, up 19%
Foreign Investment –$11 billion, unchanged
VN Dong Exchange Rate – 20,940, up 8%
Stocks — Closed at 437.47, down 3.7%

Jeff Browne, President – Email:  jbrowneATvietnomics.com – Website: www.vietnomics.com

Online Survey: Your Institution & Vietnam

28/01/2012

I developed a brief (10 question) survey on SurveyMonkey for regionally accredited US colleges and universities that have incorporated, or are beginning to incorporate, Vietnam into their internationalization strategies.  This includes student recruitment and a variety of other activities, current or planned.  I intend to share the overall results with everyone who participates.  Personal information will be kept strictly confidential.

MAA

Chúc mừng Năm Mới/Happy Lunar New Year!

22/01/2012

Dear Reader,

Wishing you and yours peace, prosperity, every success and “reaching new heights” in the Year of the Dragon! 

MAA (& Capstone Vietnam)

“Rising numbers of Vietnamese study abroad”

19/01/2012

This Ministry of Education and Training report, hot off the press, confirms my estimate of the number of young Vietnamese studying overseas.  Since 90% are self-financing, this means that over a billion dollars are being invested each year in overseas education.  That’s nearly 1% of the country’s 2011 GDP.  (Stay tuned for a later post that attempts to provide a more precise estimate.)  According to the latest SEVIS quarterly update, there were 18,044 Vietnamese students – at all levels – in the US as of the end of December 2011.

The top five countries are:

  • Australia
  • United States
  • China
  • Singapore
  • France

From the article… 

Over 100,000 Vietnamese students studied abroad in 49 countries and territories in 2011, according to the Ministry of Education and Training (MoET).

Of the total, around 90% of students pursued overseas training programmes based on their own funding, a 10-fold increase compared to a decade ago.

Sharp rise in number of Vietnamese students in the US

Vietnamese student numbers in the US rocketed in 2011 to 14,888 people. The country became the second most popular overseas study destinations after Australia, with 25,000 Vietnamese students.

They were followed by China with 12,500, Singapore with 7,000, France with 5,540 students, Russia with 5,000 and Japan with 3,500 students.

Last year, many universities in the US listed Vietnam as among one of the fastest emerging markets in terms of student attraction.

 Click here to read the rest.  The original Vietnamese article is entitled Việt Nam “xuất siêu” du học.

SEVIS General Summary Quarterly Review: December 2011

17/01/2012

This quarterly report (PDF) is a statistical breakdown of the system’s performance and trends in foreign student representation in U.S. academic and exchange programs. On 31 December 2011, SEVIS (Student and Exchange Visitor Information System) contained records for 1,158,059 active nonimmigrant students, exchange visitors, and their dependents. The total number of records for all F-1, M-1, and J-1 visa holders has increased to approximately 9.2 million.  There are 39,109 international students enrolled in secondary school, including a growing number from Vietnam. 

Vietnam enrollments decreased slightly from 18,548 in September 2011 to 18,044.  

Below are some highlights from the latest quarterly snapshot:

  • Vietnam continues to lead the third tier of “top ten” schools (8th) with more students in the US than Mexico (9th) or Brazil (10th).
  • China continues to have the highest number of active students (196,857) with South Korea distant second (104,908).
  • Business continues to be the leading major for international students (173,778). 70% of active students are enrolled in bachelor’s, master’s or doctoral programs.
  • California, New York, Texas, Massachusetts, Illinois, Florida and Pennsylvania host 55% of all active students 36% of all SEVP-approved schools are in California, New York, Florida, Texas and Pennsylvania.  (Note:  “An approved school may offer several levels of education from pre-school, elementary, high school, to post-secondary education level.”)
  • Of SEVIS-approved schools with active students, the visa distribution is as follows: 83%/F, 11% F/M and 6%/M. Of the top five F-1 and M-1 approved schools three are community colleges: Cornell University (4,238 active students), Santa Monica College (3,243), Houston Community College System (3,214), the University of Iowa (2,681) and Northern Virginia Community College (1,946).
  • The top five F-1 approved schools are CUNY (9,926), Purdue University (8,534), USC (8,458), University of Illinois (7,822) and Columbia University (7,212).
  • The top five schools with active students on a M-1 visa are: Bethel School of Supernatural Ministry (539), TransPac Aviation Academy (368), Florida Institute of Technology (284), U.S. Flight Academy (239) and Dean International Flight School (222). 

Interestingly, the Bethel School of Supernatural Ministry, whose slogan is Your kingdom come… on earth as in heaven, and which doesn’t appear to be accredited (dear reader:  please correct me if I’m wrong; only God is perfect), ”is committed to the truth that God loves people, gave Himself for them and has given His Church supernatural power to bring individuals and nations into wholeness. God is in a good mood! Inaugurated in 1998 with 36 students, the school emphasizes that believers need to return to the ministry of signs and wonders—to minister in love, truth and the power of God. The mission of BSSM is to equip and deploy followers of Jesus Christ who passionately pursue transformation in their God-given spheres of influence. In the 2008/2009 school year, more than 900 students were trained to continue in the ministry style of Jesus: to enjoy the presence of God, say what He is saying, and do what He is doing,” according to its website.

“California Leads Nation in Unaccredited Schools, and Enforcement Is Lax”

16/01/2012

Frederick Taylor University is one of the many "diploma mills" or unaccredited schools in California which led the nation with roughly 147. The school is one office in a building complex in Moraga, CA. Source: The Bay Citizen (Photo: Annie Tritt)

Check out this excellent article by investigative reporter Jennifer Gollan about Frederick Taylor University (FTU), which I’ve written about on these hallowed pages and which appears on my list of US-based unaccredited schools. 

FTU has been quite active in Vietnam in recent years and therefore a substantial source of revenue for this state-approved rogue provider.  Knowing the power of the press (on occasion), my hope is that 1) this article will be the first nail in the coffin of FTU and schools like it and 2)  the great state of California gets its act together and begins closing them down.  These “universities” are a national disgrace for the US and the states that they call home. 

Here’s an excerpt: 

Dibyendu Malakar needed a graduate business degree to advance his career, but he was working full time and could not afford $100,000 or more for a two-year M.B.A. program at Berkeley, Stanford or another accredited business school. So Mr. Malakar enrolled at Frederick Taylor University, an unaccredited school in Moraga.

Because Frederick Taylor is listed in California as a state-approved school, he said, “I thought, ‘It can’t be completely bogus.’ ” In fact, he got his M.B.A. via the Internet in just a year, for less than $5,000.

The article originally appeared in The Bay Citizen (San Francisco) with this title and subtitle:  California Leads Nation in Unaccredited Schools – Many are authorized to grant degrees with little oversight.

What’s in a Name?

12/01/2012

I recently came across a company whose name sounds a lot like the name of a former employer, a certain US NGO whose slogan is Opening Minds to the World.  It has a nice ring to it and is sure to remind people of a well-known entity in Vietnam with exactly the same name.   I’m sure it’s pure concidence that this company chose this particular acronym.  ;-)

Yes, there is IIE Vietnam, also known as IIE Hanoi, and there is iie Vietnam, which is registered as a limited company, but it is aiming to become an appreciated social enterprise in Vietnam with the mandate of: Initiatives Support, Skills Development, Informal Education Strengthening, Self-reliance Promotion to young graduated students and most vulnerable groups such as poor peoples, lonely women, ethnics minorities groups, HIV/AIDS infected peoples and orphan children.  The full name is Vietnam Initiatives and Informal Education Promotion Company Limited.

According to the IIE Hanoi website, IIE has been active in Vietnam since 1997. The IIE Vietnam office in Hanoi administers academic admissions tests on behalf of the Educational Testing Service (ETS) and the Law School Admission Council (LSAC); and promotes and or manages scholarship and fellowship programs in the region.  The office organizes U.S. Higher Education Fairs in Vietnam, and offers a variety of services to U.S. colleges and universities that wish to establish a presence in Vietnam and Vietnamese institutions that would like to reach out to their U.S. counterparts.

What do they have in common?  Not much other than the fact that they both operate in the education sector, broadly defined.  Of course, it doesn’t hurt to ride on the coattails of an organization with a well-established track record.  While this practice of copying and taking the low road to honor by association is not unique to Vietnam, it is common.  (For example, creating a logo for a coffee shop that looks a lot like Starbucks’ or for a computer store that bears a strong resemblance to Apple’s.)  It is also becoming more problematic now that Vietnam is a member of the WTO and intellectual property rights issues are receiving more attention, legal and otherwise.  So here is my question for the week:  why not stop cutting corners, create something original, and build your brand on its own merits

Hmm, maybe I’ll found an organization called the International Institute of Education in Vietnam (IIE-Vietnam).  Catchy, huh?  I wonder if the domain name http://iie-vietnam.org is available.  (Psst:  It is…)  To echo a previous post about an “institute” with close ties to an unaccredited US school that has appropriated the Great Seal of the US Department of State:  imitation isn’t always the sincerest form of flattery.

iTEP Arrives in Vietnam!

07/01/2012

iTEP (International Test of English Proficiency), an innovative and internationally recognized Internet-based English assessment tool developed by Boston Educational Services (California, USA), is now available throughout Vietnam.  The primary function of iTEP is to assess the English language proficiency of learners of English as a Second Language (ESL).

There are currently three (3) iTEP exams available: iTEP Academic, iTEP Business, and the new high school English proficiency exam, SLATE (Secondary Level Assessment Test of English). All three exams have the same basic structure, standardized rubric scoring, and administrative procedures and all come in two different formats:  Core and Plus.  The former covers Reading, Listening, Grammar, while the latter includes Reading, Listening, Grammar, Writing, and Speaking. 

1. iTEP Academic and iTEP Academic-Plus exams, used by universities and English language  institutes
 
2. iTEP Business and iTEP Business-Plus exams, used by businesses and government agencies
 
3. SLATE and SLATE-Plus exams, used by high schools and academies

The first Vietnamese student to take both the iTEP Academic Plus and the SLATE-Plus exams is Nguyen Trung Hieu, who will be a student at Besant Hill School (California, USA) starting next month. 

iTEP is a breath of fresh air in the world of English proficiency testing and a welcome alternative for Vietnamese and other international students because of its shorter duration and significantly lower cost, among other advantages.  The Vietnamese students I’ve spoken to about iTEP are excited about the prospect of having another English proficiency exam option, in addition to iBT TOEFL, IELTS and TOEIC.    

MAA

Hieu’s Story: The Next Chapter

04/01/2012

Some of you may recall my 26 November blog post about Nguyen Trung Hieu, an 11th grader at the Hanoi-Amsterdam School for the Gifted, whose literature class assignment somehow found its way onto the Internet, where it has touched the hearts of millions and spurred an outpouring of support. 

A Dream Fulfilled

Shortly after Hieu’s essay was published on various news websites, a group of representatives from boarding schools in the US and Canada came to participate in an international boarding school fair in Hanoi organized by my company, Capstone Vietnam, on behalf of Linden Boarding School Tours. While en route from a school visit back to the group’s hotel, we asked our colleagues if anyone had a scholarship for a qualified and deserving student like Hieu. (One of his dreams was to attend a boarding school.) Without hesitation Randy Bertin, Head of School for Besant Hill School (BHS), a boarding school in Ojai, California, expressed interest. BHS was founded in 1946 by a group of distinguished educators and philosophers, among them Aldous Huxley, who were convinced of the need for new approaches to education.

Next Steps

We discussed this exciting, life-changing possibility with Hieu, who jumped at the opportunity, and with Ms. Le Oanh, Vice Principal of Hanoi-Amsterdam, who expressed her full support. With the help of my staff Hieu prepared his application in a matter of days and had a late night Skype interview with Terra Furguiel, Director of Admissions & Financial Aid. 

Incidentally, Hieu was the first Vietnamese student to take both the International Test of English Proficiency (iTEP) Academic Plus and the Secondary Level Assessment Test of English (SLATE) Plus exams.  Thanks to Boston Educational Services for the complimentary exams. (Capstone is the exclusive distributor of iTEP exams in Vietnam.)

Randy Bertin, Besant Hill Head of School, and his student volunteer at the 17 November 2011 International Boarding School Fair in Hanoi

The end result of all of this preparation was that Besant Hill School offered Hieu a scholarship.  As Randy mentioned in a recent email, “We are very pleased that Hieu will be joining us. Since 1946, Besant Hill has enrolled international students and those students are now among the most successful adults in the world in their various career paths. Hieu is not the first student our school has enrolled from Vietnam; however, he is the first student from Hanoi and also from Hanoi-Amsterdam School. We hope to continue and build on this with a tradition of fine students from both Hanoi and Hanoi Amsterdam. Our community is very excited about the future and further collaboration.”

We are all very grateful to Randy, Terra and the other members of the Besant Hill School Admission Committee for their generosity and wisdom in awarding Hieu this valuable scholarship. 

Capstone covered the costs of Hieu’s visa application and SEVIS fees, and will contribute to his airfare and spending money while in the US.  A request for donations yielded several responses, including a significant challenge grant; we’ll cover the balance.  The following friends and colleagues pledged their support, along with several individuals who wish to remain anonymous:  Tom Leckinger; Greet Provoost, Director of International Programs, The University of Mississippi; Adam Sitkoff, Executive Director, AmCham-Hanoi; and Cindy Epperson, Professor of Sociology/Global Studies and International Partnerships Coordinator at St. Louis Community College – Meramec.  Thanks to all of you for your generosity. 

Happy Ending

Vinh Huong (An Ninh Thủ Đô reporter), Hieu and Yours truly after an interview at my office.

After high school graduation, Hieu plans to study biomedical engineering.  Why?  This excerpt from his Besant Hill School admission essay offers a succinct and compelling reason:  Haunted by my family’s condition, I have decided to try my best to help, not only my mother (who undergoes weekly dialysis treatments) or people with those disabilities, but also other people who are fighting with diseases like cancer or AIDS. And biomedical engineering seems to be the sole viable answer to such problems.

He also shared a poignant and bittersweet memory about an experience he had while working as a volunteer in the Hoa Binh Children’s Care Center: 

In a tiny stuffy room, I sat next to the Dioxin girl, watched her using her skin-peeling hands to hold pink and black crayons. She looked at the blank A4 paper, decided to draw a black straight line, then she raised her small head with deformed face to look at me, her lips were drooling when she asked me: ‘’Will you help me to draw a house?”. For a second, I was really scared and wanted to escape, but quitting the work meant leaving Hoa and betraying her trust. So I held her hand which had only three fingers left, crayoned, trembling, a shape like a house by the pink crayon. Her saliva still watered on the paper, but my fear didn’t exist anymore in my mind. After finishing the picture, Hoa smiled with hung-down lips and prattled: ‘’Th…an..k..y..ou’’. No, I have to say thank you, Hoa, because you, along with many other disadvantaged children, have spent time with me, have shaped me and strengthened me. I hope to repay that, to keep your smile always on your face, to be true to the lessons which have been provided to me. And I realized that this desire actually can be possible via biomedical engineering.

I have great admiration for Hieu, who has already overcome many challenges in his young life and who is passionate about helping others.  He’s an inspiration and a role model.  We, those of means (i.e., not only financial), must do much more to help young people like him. Vietnam and the world desperately need more Hieus.  I wish him great success in his studies and life in the US.  I know that he will take full advantage of this wonderful opportunity.

Hieu’s student visa interview was yesterday.  The result?  He has successfully jumped over the final hurdle and will be on his way to California at the end of month.  What a great way to ring in the New Year!  Thanks to the US Embassy for its support, to my hardworking and dedicated staff for their assistance and to Besant Hill School for making this significant investment in Hieu.

MAA

Teach this triple truth to all: A generous heart, kind speech, and a life of service and compassion are the things which renew humanity.  (Lord Buddha)

Top Ten Most Popular Posts of 2011

04/01/2012

People visit my blog for many and varied reasons.  Some arrive here from a search engine while others visit on a regular basis looking for up-to-date information about Vietnam and, in particular, US-Vietnam educational exchange. 

Here are the top ten posts of 2011.  The first one from November 2010 about student visas and US community colleges was by far the most popular and the last, consistent with the expression “last but not least,” is the most-viewed post since the birth of An International Educator in Vietnam in November 2009. 

Sandwiched in between  #1 and #10 are posts that address a range of topics, issues and people from David Shear, the (relatively) new US Ambassador to Vietnam (an excellent choice, by the way), nationally accredited US schools active in Vietnam, most of which are for-profit online universities, and a January 2011 AIESEC Vietnam conference (“Hey, AIESEC!  What’s Up?”) to Wikileaks and Vietnam, Who Am I?/Tôi Là Ai?, the College of Charleston’s Center of Vietnamese Enterprise, Tan Tao University and, one of my personal favorites, where can i buy an accredited overseas phd? 

Most who read the latter post are sorely disappointed because they really are in the market for “an accredited overseas phd.”  Memo to the wannabes, credit cards in hand, who want to buy a Ph.D. and delude themselves into thinking they can join that select group of those who can call themselves “Dr.” (about 1% of the US population): Why not actually pay your dues and earn one the old-fashioned way?  Oh, I forgot – you just want the “prestige” and other goodies associated with having these three letters after your name without having to doing any work or make any sacrifices.  Of course, once someone finds out it’s as fake as a three dollar bill, people will just pity you.  Depending upon your position, you may even end up getting your 15 minutes of fame, or infamy (?) and/or lose your job. 

Back down off of my soapbox…  and now to the list: 

  1. Of Student Visas & Community Colleges 
  2.  Obama Nominates David Shear to Become the Next US Ambassador to Vietnam 
  3. Wikileaks & Vietnam 
  4. Nationally Accredited U.S. Institutions with a Vietnam Connection 
  5. Who Am I?/Tôi Là Ai? 
  6. AIESEC “Developing Leaders” Conference 
  7. College of Charleston Establishes Center of Vietnamese Enterprise
  8.  where can i buy an accredited overseas phd?
  9. Tan Tao University 
  10. US-Based or Affiliated Unaccredited Institutions in Vietnam

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