Cost of Studying in Vietnam – Vietnam is a fairly cheap destination for traveling, studying, and living compared to most other countries in Asia.
It is also filled with friendly people, affordable accommodation, cheap, healthy, and tasty food, and beautiful landscapes that make it a standout choice among Southeast Asian study abroad destinations so you don’t have so much to worry as we have it all served for you the necessary cost you will be making during your course of study in Vietnam
Education System in Vietnam
Education in Vietnam is the responsibility of the Ministry of Education and Training (MOET). Many reforms have been made, such as English playing a bigger role in the curriculum, but the system still has problems keeping up with international standards.
The literacy rate is over 90%, and it keeps growing. Nevertheless, Vietnam still has to deal with spatial and gender inequalities. Moreover, only five years of primary school are compulsory.
Due to the cost of supplies, such as books or school uniforms, which can easily be one-fifth of a family’s overall income, many children in rural areas have to quit after the compulsory time of five years and work in the family business.
The structure of the education system
- Preschool and kindergarten: This period usually lasts from the ages 3 – 6, with the last years, focusing more on educational topics like starting to learn the alphabet.
- Primary school: The five years (6 – 11) of primary school are the only compulsory years Vietnamese children have to attend. Less than five percent of the population has never been to school.
- Secondary school: The secondary education is divided into lower secondary (Trung học cơ sở) and higher secondary (Trung học phổ thông) education. Neither of them is compulsory. The former lasts four years (11 – 15), and the latter three years (15 – 18) until completion in the twelfth grade. There is an entrance and leaving examination. Students have to choose either natural or social sciences as a focus.
- Higher education: Institutions of higher education can be universities, senior colleges or research institutes. Furthermore, there are junior colleges, professional secondary schools or vocational schools. The entrance examination is very hard, and according to recent figures, less than one out of three students manage to pass.
The school week in Vietnam is six days, beginning on Monday and ending on Saturday, but children usually only attend school for half the day. The school year usually lasts from September until May.
Cost of studying in Vietnam
- Cost of Postgraduate
Gaining a master’s degree in Vietnam, students will study in a multi-cultural environment that provides an immersion into the culture of Southeast Asia.
Private international schools in Vietnam have a very diverse student body and staff, bringing together different perspectives and fresh ideas from all over the world.
International schools have a wide range of master’s programs, from MBAs to Engineering, all taught in English.
Vietnam has both public and private universities. Public universities operate at the national level (Hanoi and Ho Chi Minh City) or at the regional level (Thai Nguyen, Hue, and Da Nang).
With the new education law, private institutions that operate on a non-profit basis also receive priority from the government regarding land use, taxes, capital investment, and staff training.
Yearly, the tuition at public schools is low, from free to about $US 1,000 for Vietnamese students. International students pay rates from about $US 1,000 to $US 2,500 per year.
Private schools are somewhat expensive, with total program tuition ranging from about $US 30,000 to $US 40,000.
- Undergraduate Tuition Fee
Students can apply online directly for admission in any undergraduate courses or higher education courses in any of the relevant universities of Vietnam.
TOEFL, SAT. IELTS is the general requirement to start studying in Vietnam, whereas the marks needed to get admitted to a recognized university depend on the university.
The cost to study in any of the universities varies from university and its location. Private Universities have an expense of around 5, 00. 000 VND to 10, 00, 000 VNE) (IUS $=20, 000 Vietnam Dong)
There are some private colleges with much higher tuitions ranging from $2000 to $10000 a year.
- Cost of Doctorate Degree in Vietnam
Students typically enter doctoral programs by invitation following a master’s degree, although exceptional students can also undertake combined master/doctoral programs upon graduation from the first university degree.
The bằng tiến sĩ (Ph.D.) requires a minimum of two years of coursework and completion of a thesis or research project. Integrated programs require four years of full-time study.
The doctorate program tuition fee in Vietnam ranges from 278,246,000VND – 356,419,000VND and is most often determined by your choice of course.
Cost of Accommodation in Vietnam
The cost of living tör students in Vietnam varies depending on the student’s way of living.
There are many different types of accommodation for students in Vietnam
Apartments: This option is best suited for students who need more privacy and independence. These are fully equipped. Single or double rooms are (here in the apartment).
Student Residences: This is the most common and economical option for students looking out for accommodation in Vietnam. The student residences have shared kitchen facilities and all the other required facilities.
Guesthouses / Hotels: This option is suitable for short stays like for 1-4 weeks.
Homestays: This option involves living with families in Vietnam.
Teacher Home: This option involves living and studying in the home of a language teacher in Vietnam, who will welcome you into his or her family and make you feel at home.
If you are interested in learning a language, then this is one of the best options to consider. With this option, you immerse yourself completely in the language and culture of the country.
The accommodation charges range from \‘ND 7,000,000 to 15,000,000 depending upon the apartment- furnished or unfurnished.
On-campus accommodation costs in Vietnam may range from $US 1,200 to SUS 1,600 per semester, inclusive of utilities and other services.
Cost of Visa in Vietnam
If a student wishes to study in Vietnam for more than 90 days then it is mandatory for the student to apply for a student visa. The application foe Vietnam student visas, as well as submission, can be done at the nearest embassy or consulate. Student Visa from 20, 000-30, 000 VND (Vietnam Dong).
It is advisable that students follow the requirements of the home country while completing the procedure for a study visa.
Cost of Medical Insurance in Vietnam
Those who wish to have good health insurance in Vietnam have a wide choice. Insurance companies offer packages to protect individuals, couples, retirees and even families.
Depending on individual preferences, it is important to choose the right insurance policy plan. For Vietnam, the French can classify their needs in three types of insurance.
A deductible is an annual deductible is a fixed amount that you must pay before the insurance will start to cover you for your eligible expenses.
For example, you might have an annual $250 deductible per person. This means that you’re responsible for the first $250 of eligible expenses, then the insurance will cover all other eligible expenses after that.
Typical deductibles range from $250/year all the way up to $5,000/year+. Depending on the provider, the deductible may apply to all of your expenses or only your inpatient expenses.
An excess is a fixed amount payable by you for treatment. This may either be per visit or per condition. If your excess is $50/condition and you had three visits for the same condition, you’d be responsible for $50. If your treatment was per visit, then you’d be responsible for $150.
A co-pay: you may also choose to take a co-pay, which means you agree to share a fixed percentage of the eligible costs with the insurer.
Typically this is between 10-20%. If you took a 20% co-pay and had a $1,000 bill, then you’d have to pay $200 and the insurer would pay $800.
This can get expensive for high-ticket treatments. The same 20% co-pay would set you back $2,000 on at $10,000 hospital bill.
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Cost of transportation in Vietnam
Types of transport: Hanoi and Ho Chi Minh City are both serviced by buses. In Hanoi, public buses can be recognized by their red, white and yellow color. In Ho Chi Minh City they are white and green.
Paying for transport: Bus fares must be paid for in cash. In Hanoi, a single ticket costs VND5,000–10,000 depending on how far you are traveling. In Ho Chi Minh City it costs VND3,000–10,000.
Getting to and from the airport: From Hanoi International Airport (Noi Bai) catch the number 7 bus to Kim Ma station, or the number 17 bus to Long Bien station.
Tickets cost VND5,000 and it takes an hour to get into the city center. Mini-buses are available and cost VND32,000–64,000 to take you to the city center or directly to your accommodation. They depart once they are full.
Taxi: Car and motorbike taxis can be hailed from the side of the road. Both hire cars and taxis can be booked in advance.
Uber: Uber is available in Hanoi and costs VND25,000–375,000 from Noi Bai International Airport to the city center. From Ho Chi Minh City International Airport to the city center it costs VND86,000–180,000.
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