NCU Free/Reduced Tuition If You Teach ESL in Viet Nam. Anyone done this?

I noticed this ad at NCU's website about teaching ESL in Viet Nam. I was wondering if anyone else had considered it? I’ve been in Asia for 10 years teaching ESL and it sounds like something I may be interested in. Any comments?

(I did a Google search for Ho Chi Minh City University of Industry (HUI) and didn’t come up with much. There is a Ho Chi Min City University of TECHNOLOGY.)

http://ncu.edu/career_opportunities.asp

TUTORS, TEACHERS, AND FACULTY WANTED IN VIETNAM
This is an excellent opportunity for American educated persons to teach and experience the dynamic vitality and culture of Vietnam in Ho Chi Minh City. Teachers will work with Ho Chi Minh City University of Industry (HUI) either teaching English or teaching academic subjects leading to the Bachelor in Business Administration (BBA) or MBA degree, depending on qualifications and interest. The partnership program between HUI and Northcentral University (NCU) offers the BBA and MBA programs in Vietnam. While in Vietnam, you will not be NCU faculty but will be working directly with HUI. Take a year off from your normal routine to work in and experience the new Vietnam.

Requirements for Candidates:
• Candidates must be willing to be in Vietnam for the program duration (at least 11 months) and agree to this commitment.
• Candidates will work 16-40 hours per week while in Vietnam.
• Candidates who hold Bachelor degrees in any academic area will be able to teach English; those with a Bachelor’s or higher in business or related subjects will tutor Vietnamese students in first and second years of their BBA program.
• Candidates holding Master’s or Doctorate degrees will teach in upper division BBA program and MBA program in partnership with an American university in Vietnam.

Benefits for Faculty:
• Annual salary ranging from $8,000 USD to $30,000 USD, depending on credentials and experience, in a country where the monthly salary of a Vietnamese professor is about $100 USD.
• Housing (equivalent to standards of a 3-star hotel) and local transportation provided at no charge.
• We will provide one R/T air ticket from the US to Vietnam per year and a one-month vacation per year.
• You will receive 50% tuition scholarship to enroll into a graduate degree program (Master and Doctoral) at Northcentral University online while in Vietnam. Upon completion of your commitment to teach you will be able to complete the degree from anywhere via Internet. The scholarship is worth from $11,000 USD to $25,000 USD in tuition savings for the degree.

Please send your CV and photo to the Northcentral University:

 

I'm Vietnamese, I visit vietnam once a year. living cost in HCM city is very expensive. I dont think any body stupid enough to go to vietnam teaching for 8k-40k/year. a labor in US can make 40k/year.

 

If I was'nt married, no baby otw, and single. I'd go for it. You could live very well in HCM city with a $40,000 salary.Especially if housing and transportation is paid for by NCU. However, their maximum is $30,000. I believe salary will be paid in the range of $15,000-$20,000.