For Immediate Release: April 8, 2011
Contact: Tim Truman (202) 482-3809
International Education Exports Highlighted as Commerce's Largest Education Services Mission Ends in Hanoi
Education fairs in Indonesia and Vietnam promote U.S. higher education to thousands of students
HANOI, Vietnam —Under Secretary of Commerce for International Trade, Francisco Sánchez, concluded the largest education services trade mission in Commerce Department history today in Hanoi. Joined by 56 U.S. colleges and universities, and more than 12,000 excited students and parents in country, the mission highlighted education as an export including a series of education fairs during stops in Jakarta, Indonesia, and Ho Chi Minh City and Hanoi, Vietnam.
This education mission successfully introduced Vietnamese and Indonesian students and their parents to the educational programs and opportunities offered by 56 prestigious U.S. colleges and universities,” said Under Secretary Sánchez.
Education and training is one of the United States’ leading services exports. The industry annually adds $20 billion to the U.S. economy.
The International Trade Administration partnered with the Institute for International Education to present education fairs in Ho Chi Minh City and Hanoi. The fairs drew more than 2,000 students interested in pursuing higher education opportunities in the United States.
Vietnam ranks ninth among countries sending students to the United States with more than 13,000 students. Overall, Vietnam has more than 20,000 students studying abroad, paying about $200 million in tuition and fees every year.
Throughout the mission, Under Secretary Sánchez highlighted how an education from U.S. colleges or universities benefits Indonesian and Vietnamese students, and ultimately, both economies. Delegation members met with Indonesian and Vietnamese institutions of higher learning to explore possible partnerships, faculty and/or student exchange programs, and joint research projects.
Indonesia and Vietnam are two key export markets for U.S. companies. Expanding educational opportunities for their students will provide direct benefits to U.S. companies doing business with these critical markets in the future.
International Trade Administration
The International Trade Administration (ITA) is the premier resource for American companies competing in the global marketplace. ITA has 2,100 employees assisting U.S. exporters in more than 100 U.S. cities and 77 countries worldwide. For more information on ITA visit www.trade.gov.
The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. This site contains PDF documents. A PDF reader is available from Adobe Systems Incorporated.