Accordingly, two private equity funds, Mekong Enterprise Fund II and MAJ Invest, transferred TPG their entire stake and Pham Tan Nghia, the founder, continues to be a shareholder and a member of TPG. VAS Board of Directors.

With TPG’s investment potential and expertise in the Asian region as well as in the education sector, VAS will be supported to further expand facilities, improve the quality of education and development programs. Its staff to maintain the market leadership position in the bilingual education segment from Kindergarten to 12th grade in Vietnam.