PUBLIC-PRIVATE PARTNERSHIP FOR FINANCING HIGHER EDUCATION: INTERNATIONAL EXPERIENCE AND IMPLICATIONS FOR VIETNAM.

PPP (Public-Private Partnership) has gained traction in the field of education in general and higher education in particular in recent years. As governments around the world continue to cut public spending on higher education, the inevitable trend for non-autonomous educational institutions is the participation of private investors/businesses in educational activities. The implementation of PPPs varies in practice, depending on the characteristics of the education system and the socio-economic conditions of each country, but they all have certain commonalities. Through examples of PPP implementation in several countries, the lessons learned in implementing PPPs suitable for the situation in Vietnam are not only financial management but also in the management of higher education quality.