Number of new businesses for education in Vietnam 2016-2020
In 2020, the number of newly established businesses for the education sector reached about 3.74 thousand in Vietnam. In that year, the number of new enterprises in the country amounted to approximately 134.9 thousand.
Quality of education in Vietnam
Today, the fast-growing middle class with higher incomes and increasing living standards is able to invest in good quality education. According to a survey, access to education was one of the major consumer concerns. The young population is supported by their parents not only for education within the country, but also abroad. Moreover, to improve the quality of education in the country, government initiatives facilitate foreign investments that allow foreign-funded schools.
Education sector in Vietnam
The government of Vietnam has attempted to ease regulations in the educations sector. This has allowed for more foreign investment in the sector. In 2019, the value of foreign direct investments in education and training reached 4.3 billion U.S. dollars. As of December 2018, there were a total of 14.98 thousand businesses in operation in the education and training sector. In that year, approximately 121.8 thousand people were employed in the sector.
Today, the fast-growing middle class with higher incomes and increasing living standards is able to invest in good quality education. According to a survey, access to education was one of the major consumer concerns. The young population is supported by their parents not only for education within the country, but also abroad. Moreover, to improve the quality of education in the country, government initiatives facilitate foreign investments that allow foreign-funded schools.
Education sector in Vietnam
The government of Vietnam has attempted to ease regulations in the educations sector. This has allowed for more foreign investment in the sector. In 2019, the value of foreign direct investments in education and training reached 4.3 billion U.S. dollars. As of December 2018, there were a total of 14.98 thousand businesses in operation in the education and training sector. In that year, approximately 121.8 thousand people were employed in the sector.
