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According to Crunchbase News, total global venture capital in the third quarter of 2022 was $81 billion, down $90 billion (53%) year-over-year and $40 billion (33%) quarter-on-quarter. Southeast Asia’s market attracted 3.72 billion USD in the third quarter of 2022, down 36.4% over the same period last year and down 22% compared to the previous…
Within the Vietnam Innovative Startup Investment Fund Forum 2022 (Vietnam Venture Summit 2022), more than 40 venture capital companies in Korea, Japan, Singapore, Indonesia, the United States, and Vietnam committed to investing $1.5 billion into startups in Vietnam in the coming years. “The $1.5 billion figure demonstrates the commitment of the global investor community to accelerate…
🎯The reasons for investing in international education in Vietnam🎯 1. Vietnam’s political situation is stable; preferential policies create a good environment if investors develop long-term. 👍Vietnam’s economy has proliferated in the past 10 years, especially GDP in 2021 is 443 billion USD, compared to 2010 is 116 billion USD. The middle class in Vietnamese society is…
After a short time suspending the organization of IELTS and Linguaskill exams directed by the Ministry of Education and Training, the ministry has approved several units to retake the test. For the IELTS English certificate On November 17, 2022, the Ministry of Education and Training approved the joint organization of the IELTS English certification exam…
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…
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…
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