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Posts Tagged ‘expert’

Vietnamese IT expert wins Google’s reward

In Uncategorized on November 16, 2010 at 2:31 pm

Time for banks to pay back to tax payers, UK expert tells seminar

In Uncategorized on November 2, 2010 at 5:41 am

Increasing spending to boost quality of tertiary education, says expert

In Uncategorized on June 7, 2010 at 10:24 am

Higher education quality relies on several factors, including how much is spent on students per capita at universities. Professor Pham Phu, a leading expert in tertiary education development, provided Sai Gon Giai Phong with his opinions related to this field.

Reporter: What is your comment about the State’s expenditure per student at public universities?

Prof. Pham Phu: The average State spending per public university student in 2009 was VND7.11 million (US$374), according to a report from the Ministry of Education and Training. Thus, with the current tuition fee being VND2.4 million per year, the input cost per university student now is VND9.54 million per year, or US$500-550 per student.

Professor Pham Phu (Photo: SGGP)

However, a recent National Assembly’s survey showed that the State spending per student was only VND3.5-4 million. With tuition fees added to the amount, the total training cost per student was only VND5.5-6 million, or $300-350.
How much is the training cost per student in non-public universities?

In most cases, the input cost ranges from $250-300. However, at some universities, where the tuition fees are high, the input cost is much higher, at $800-2,000.

You have proposed the NA double the State’s investment rate per public university student. However, as you may know, the State budget for education is limited.

But Vietnam needs to raise investment on higher education to improve the quality of human resources training, an important factor to the country’s social and economic development. Being a WTO member, Vietnam should seek ways to compete with other countries in terms of education quality.

Since 2005, the average unit cost per student has been $22,000 in the US, $12,000 in OECD countries, and $7,000 in Taiwan ( China )… What do you think about the gap between them and Vietnam?

Prof. Phu: Increasing the State investment per student does not mean that we have to reach such high levels of investment, but if Vietnam continues maintaining the rate of $500-550, then it will fail to compete with other countries in terms of human resources quality in the context of globalization.

In your opinion, how much is the reasonable investment rate Vietnam should apply?

According to World Bank experts’ estimates, for countries with high developed education, the ratio of educational investment to GDP per capita is 50-60 percent; for medium developed countries, the ratio is 80-100 percent; and for low developed countries, like Vietnam, it is 120-150 percent. Based on these indications, we can calculate that the reasonable investment rate in Vietnam should be $1,200 per student per year.

But where are the resources for such an investment of $1,200?

This issue can be addressed through a cost sharing between the State budget, students, and the community, including universities.

For the past several years, the structure of input cost per student in Vietnam has comprised 55 percent of the State budget, 42 percent from students, and 3 percent from communities. So if the rate you suggested is to be met, the State budget’s contribution to the input cost per student must double, but this will be hard to do.

Yes, given that the State has spent 20 percent of its revenue in education. Therefore, we should apply the “Japanese model,” which has been applied since late 1970s in South Korea and Taiwan, and then since 1980s in Malaysia, Indonesia and Singapore.

Describe that model in detail, please.

The rate of State budget spending in education to GDP in many Asian countries is much less than the world’s average, especially that of many developed European countries. For example, the rate is 28.1 percent in South Korea, 26.7 percent in Vietnam, and 26.5 percent in Malaysia, while in Sweden, France and Germany, the respective rates are 56.7 percent, 53.7 percent and 47 percent. 

Students conducting chemistry experiments in the lab at the Ho Chi Minh City University of Natural Sciences (Photo: SGGP)

With such a modest budget, Asian governments generally focus their resources on more on educational universalization and some scientific and technical fields than on secondary and higher education at public schools. Therefore, students and their families have to cover their expenses on education and as a result, many private schools have come into being to meet the demand.

In Japan, students at private universities accounted for 73 percent of the country’s total number of students in 1996. For the college level, the rate was 92 percent.

Nowadays, the same situation can be seen in South Korea, the Philippines, India and Indonesia.

Has such low State spending on higher education resulted in an increase in numbers of students who take overseas study on a self-sufficiency basis?

Yes, there have been over 50,000 Vietnamese studying abroad at their expense, with total expenses estimated at $0.8-1 billion per year, compared to an estimated total of $500 million spent by the State budget on students who study at home.  

Many universities have coordinated with foreign partners to launch training courses, but some of them are of poor quality.

To ease the cost burden on the State budget, the number of students at private universities should be boosted. Currently, that number accounts for less than 15 percent of the country’s total. What is your comment about this?

According to an estimate made before 2005, the number of private students in Vietnam is expected to reach 30-40 percent of the total this year. If the expectation is realized, the State can center its budget on public students.

If it is the case, the State can lower their contribution to the total input cost per student from 55 percent to 30-35 percent, as seen in many other Asian countries. And of course, the contribution from students, their families, and communities have to increase to 50-55 percent.

Source: SGGP

Five in one vaccine safe, effective: health expert

In Uncategorized on May 29, 2010 at 9:14 am

Dr. Nguyen Thi Minh Phuong from the Ho Chi Minh City Pasteur Institute said the five in one vaccine which will be free given to babies under one year old in the National Expanded Program on Immunization next June is safe as public concern raised about the new supported by the Global Alliance for Vaccines and Immunization (GAVI) Partners Forum.

The new vaccine has a fewer shoots so it will reduce accidents after innoculation

Vietnam has tested reaction after being inoculation of five in one vaccine, valuing it is safe with the low rate of reaction, said Dr. Phuong, adding that the vaccine is manufactured by Berna Biotech Korea Corp and administered in forty nations.

Around 1.5 million dozes of the five in one vaccine against diphtheria, whooping cough, tetanus, hepatitis B and Hib have been imported into Vietnam. The advantage of the new vaccine is that it has a fewer shoots so it will reduce accidents after inoculation.

Moreover, it can prevent bacterial meningitis known as Haemophilus influenzae type b (“Hib” for short) and pneumonia.

Dr. Phuong also advised parents to delay vaccination when babies are suffering fever or chronic diseases as well as keep staying at hospitals for half an hour after inoculation to examine child’s health. A vaccine is capable of causing serious problems, such as severe allergic reactions. Kids will have fever, redness or swelling or soreness or tenderness where the shot was given; mothers should breast-feed more than usual or more water and make fever compress to reduce body temperature.

Related article:
Five in one vaccine to be injected free for infants

Source: SGGP

Volcanic Japan could be geothermal energy leader: US expert

In Uncategorized on May 26, 2010 at 1:24 pm

War on inflation requires flexible monetary policy, expert says

In Uncategorized on April 20, 2010 at 5:41 am

A nuanced and flexible monetary policy is the best way to restrain inflation in Vietnam, a prominent economist has said, eschewing one-size-fits-all remedies.

Dr. Tran Hoang Ngan, a member of National Advisory Council for Financial and Monetary Policy, said increasing global demand fueled by the ongoing world economic recovery had pushed Vietnam’s consumer price index (CPI) up 4.12 percent since the beginning of the year.

Dr. Tran Hoang Ngan, a member of the National Advisory Council for Financial and Monetary Policy (Photo: SGGP)

The surging cost of imported materials, electricity, water, and fuel has upped manufacturing input costs, resulting in commodity price hikes, he said, adding that a large money supply on the market had also contributed to the hikes.

The common prescription international financial organizations give for inflation is to tighten financial and monetary policies, but Ngan said monetary policy must be based on the specific conditions present in each country.

In Vietnam, inflation has been caused by both the increased money supply and increased production costs, he said.

“Therefore, the country should run a flexible financial and monetary policy, ensuring a large-enough capital supply for the economy, especially for production and trade activities.”

Such a policy will help meet the Government’s target of keeping inflation under 10 percent for the year, and it will boost economic growth, he said.

He said it was not necessary to raise the prime rate or the compulsory reserve rate at commercial banks.

The best way to meet the 6.5 percent GDP growth target for the year, he said, would be for Government agencies to keep petrol, oil, electricity and coal prices stable “on a long-term basis and strengthen control over market prices.”

To ease the trade deficit, which stood at US$3.5 billion in the Jan-Mar period, or 25 percent of total export turnover, Ngan said Vietnam should restrain its imports of luxury goods and boost exports by supporting exporters and export manufacturers.

Dr. Ngan also urged that exchange and interest rates be dealt with cautiously.
“The State Bank of Vietnam should prevent exchange rates from fluctuating because fluctuation may give rise to inflation. It should also strengthen foreign exchange reserves as an instrument to stabilize exchange rates.”

Dr. Ngan suggested that the state lender and commercial banks gradually reduce interest rates, though he said the current deposit and lending rates of 11-12 percent and 14-15 percent, respectively, were reasonable.
He said that lowering the deposit rate to 9-10 percent and the lending rate to 12-13 percent over time could help facilitate business growth in Vietnam.

Source: SGGP

Korean kim chi expert comes to Vietnam

In Vietnam Culture on November 14, 2009 at 10:35 am

Dr. Hangue Jeong, from the Korean Ministry for Food, Agriculture, Forestry and Fisheries, discussed how to make kim chi (pickled vegetables) at the Korean Food Festival in Hanoi November 13.

A kind of kim Chi

The food festival was held in Hanoi on November 13 and will run until 15.

Dr. Jeong said that Korea has nearly 200 kinds of kim chi, of which 50 are very popular in her country.

Korea has around 27 kim chi craftsmen and are considered a precious people by traditional food aficionados.

Dr. Jeong, whose major academic research is Korea’s traditional kim chi, will stay in Vietnam until November 15.

She said she will help visitors to make kim chi, as well as giving them a chance to enjoy kim chi.

The festival, part of a Vietnam-Korea cultural exchange program, aims to introduce Vietnamese consumers to more than 50 kinds of high-quality produce, like fruits, ginseng and kim chi.

Source: SGGP Bookmark & Share