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.