With rapid economic development and rising income, there has been an increase in demand for high-quality education (in particular, private education) in various countries in Southeast Asia. As a result, there has been growing interest from private equity sponsors and institutional investors in the education sector in Southeast Asia.
Mayer Brown has advised a range of clients on their investments in the education sector particularly in Vietnam and Thailand. Various countries have gradually liberalised their regulations concerning foreign investments, most recently in Vietnam. In this Legal Update, we provide a summary of recent regulatory changes in Vietnam and Myanmar, and a general overview on the private education sector in other countries in Southeast Asia.
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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein. Please also read the JSM legal publications Disclaimer.