Number of new businesses for education in Vietnam 2016-2019

In 2019, the number of newly established businesses for the education sector reached about 4.13 thousand. In that year, the services sector recorded a total of 99.55 thousand new enterprises.

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.

Number of newly established businesses for education services in Vietnam from 2016 to 2019

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Source

Release date

April 2020

Region

Vietnam

Survey time period

2016 to 2019

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Statistics on "Education in Vietnam"

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