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THE GROWTH POTENTIAL OF VIETNAM’S PRESCHOOL SECTOR Vietnam has one of the fastest-growing middle classes in Southeast Asia, with 33 million middle-class and well-off people by 2020 (equivalent to a quarter of the population). By 2030 or earlier, the middle class can reach 40 percent of the population. And this group’s income is forecast to…
Investment inflows into Vietnam’s EdTech market in recent years have been robust, recording a surge in 2021 with about $158 million for 11 deals. The most notable is the investment of $100 million in Equest Group from the KKR (USA) investment fund, $15 million in Elsa Speak from Google’s investment funds and Clevai, and…
Recently, on November 17, at a seminar on digital transformation in the education sector held by the People’s Committee of Ho Chi Minh City, independent survey results clearly showed the industry’s movement in accessing and perceiving Classroom digitization activities. Accordingly, 88% of schools in the area have a digital strategy or a plan to incorporate…
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On October 25, Ms. Nguyen Hong Hanh – CEO of Edtech Agency, participated in the workshop “Understanding Vietnam Edtech market: Opportunities and Challenges” as a Speaker organized by the government agency – Enterprise Singapore. Ms. Hanh shared about “Edtech Vietnam’s development trends and potential opportunities for Edtech Singapore”. It was also the primary concern of…
In the first nine months of 2022, according to preliminary statistics of Nhipcaudautu (Investment Bridge), the total amount of capital poured into EdTech (educational technology) companies in Vietnam was announced at more than $18 million, a slight increase compared to the figure of 16.5 million USD in the same period last year. In particular, EdTech…
Việt Nam, like other countries, has identified education as a top national policy. Vietnamese law requires that at least 20 per cent of the State budget be spent on education. HÀ NỘI — Education plays a key role in socio-economic development that creates competitive resources, Deputy Prime Minister Vũ Đức Đam told at the 12th…
The report on the Digital Society Index of GSMA – Global Association of Mobile Information Systems (August 2022) showed that Vietnam ranked 7th among countries in the Asia-Pacific region regarding digital society (after Australia, Korea, Singapore, Japan, Thailand, and Malaysia). The trend of using digital platforms on mobile devices is still increasing, with the number…
According to the Department of International Cooperation report, MOET, in the 2020-2021 school year, the number of foreign-invested educational institutions accounted for 17% of more than 3,800 non-public educational institutions. By the end of June 2022, Vietnam has attracted 605 projects in education with a total investment of more than 4.57 billion USD, coming from…
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