IMPACT OF EDUCATION EXPORTS ON FOREIGN EXCHANGE REVENUE GROWTH AT EDUCATIONAL INSTITUTIONS FOR FOREIGNERS
DOI:
https://doi.org/10.62985/j.huit_ojs.vol26.no3E.503Từ khóa:
Education exports, growth of foreign exchange revenues, education policy, economic development.Tóm tắt
In the context of globalization and deep international integration, education exports are becoming a strong potential for many countries around the world. This study uses a mixed approach to assess the impact of education exports on the growth of foreign exchange earnings of educational institutions for foreigners in Ho Chi Minh City, Vietnam. The data was collected from 200 educational institutions in Ho Chi Minh City. Through empirical analysis using a system of scales and linear regression models, the study shows that all six factors of education exports have a positive impact on the growth of foreign exchange revenues, including international education policies, training quality, support services, and international investment cooperation. Based on these findings, the study proposes management implications and practical solutions, especially actively promoting digital transformation and digital economy to improve the quality of training and support services, strengthen international competitiveness for domestic mining institutions thereby increasing foreign exchange revenue for educational institutions training foreign students. The study has provided valuable results for educational institutions and policy makers in Ho Chi Minh City, Vietnam.
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