Educational institutions call re-opening after Covid-19
  • |, VietnamNet | March 07, 2020 09:42 AM
Around 150 private educational facilities in Vietnam have jointly sent a petition to Prime Minister Nguyen Xuan Phuc to call for the government's support to help ease their difficulties because of Covid-19. 

The facilities include private schools ranging from nursery to university levels and foreign language centres. 

The petition says that private educational facilities are struggling with numerous difficulties caused by the Covid-19 outbreak. A medium-size foreign language training centre costs an average investment capital of VND2-5 billion (USD86,959-217,391) and requires around 30 staff. So if roughly 1,000 centres of this kind close, it would mean losses in thousands of billions of VND and 30,000 people will become unemployed. 

Meanwhile, the average investment in a private medium-sized educational institution is around VND80-200 billion (USD3.47-8.69 million). 

If the epidemic lasts for up to six months, a large number of private schools and educational centres would face bankruptcy. As a result, thousands of teachers would be left jobless and schools would fail to pay bank loans worth thousands of billions of VND. 

Private educational facilities are still paying salary for teachers, bank loans and rent despite not being able to operate. 

They have proposed solutions for the prime minister. 

According to them, the Covid-19 virus appears to be controlled in Vietnam, so private educational facilities should be allowed to reopen and they will pledge to strictly conform to disease prevention safety regulations. 

They need to be permitted to extend the time for paying fees and taxes. They also expect to receive rent reductions during the temporary closure due to Covid-19. 

In addition, they are asking that the State Bank of Vietnam consider slashing interest rates on loans and provide preferential loans for the education sector during the 2020-2021 academic year. 

Management agencies need to quickly deal with procedures to offer unemployment benefits for teachers. 

They called for the approval of the legality of online training during the school shutdown for the Covid-19 prevention.

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