Vietnam Australia International School Other companies


Website: www.vas.edu.vn
Fund: Mekong Enterprise Fund II
Date of Investment: April 2010
Deal Leader in charge: Pham Vu Thanh Giang

Business description
Vietnam Australia International School ('VAS') is a leading private bilingual dual-curriculum K-12 education service provider in Vietnam, targeting Vietnamese mid-to-high income households. For the school year 2014-2015, VAS has approximately 4,800 students studying in 8 campuses. Since establishment in 2004, VAS has been widely recognized for successfully providing high-quality education in a safe, caring and stimulating environment and ensuring students’ integration with a global community, but also maintaining core Vietnamese values.

Vision and long term strategy
VAS aims to be the number one dual-curriculum school in Vietnam and making international standard quality in education available to mid-to-high income population by ensuring its annual fee is only at 50% or less compared to purely international schools. This target segment enables VAS to capture the growing demand, thereby generating substantial value for its shareholders.

Results
By then end of 2014, VAS rolled out three mega-campuses with excellent facilities including gymnastics, large playgrounds and swimming pools which further enhanced the competitive position of VAS.

From the school year 2013-2014, VAS introduced the Cambridge International curriculum in addition to the Vietnamese national curriculum, enabling VAS to offer quality bi-lingual program with dual diplomas granted by the Cambridge International Examinations of the University of Cambridge and by the Department of Education and Training of Vietnam.