Roles of Private Universities as Non-Profit Organizations in Vietnam

The on-going renovation policy has released Vietnam from the social-economic regime since the early 1980s and created progress in economy, culture, society, and higher education. The development of private higher education in Vietnam has recently contributed the development of human resources on higher education level, thus meeting economic and social requirements, and creating good opportunities for citizens of various backgrounds who have desire and ability to pursue their studies in the field of higher education. However, Vietnam’s private higher education sector are facing difficulties chiefly in the area of training capacity and quality as well as the management and its development within the whole system. The situation becomes more intense in the industrialization and modernization trends. It is therefore necessary for private higher education sector to adjust to become more suitable and capable to meet the needs created by the development of the country and to step forward in the increasing trend of globalization as Vietnam enters the twenty-first century. Keywords: higher education, private sector, non-profit organization, Vietna