VILAF has advised Khoi Nguyen Education Group (KNE) in the strategic cooperation agreement with EQuest whereby EQuest will become a key shareholder and join the board of directors of KNE. KNE is the owner of Canadian international and bilingual school system with four member schools in Ho Chi Minh City, including Canadian International School (CIS), Bilingual Canadian International School (BCIS), Albert Einstein School (AES), and Canada-Vietnam Kindergarten (CVK).
EQuest and KNE will share financial resources and management practices, and exchange teaching resources, technology platforms and development experiences from the top schools of the two systems. Furthermore, the students of the two systems will have more opportunities to access and experience world-class training programs.
The transaction will increase the number of K12 members of EQuest to 16 schools in all three regions of Vietnam.