Vietnam Education Market: What to Know

In the Vietnam education market the law basically mandates that children from ages six to eleven to attend school. Even though many children continue to pursue further education after the mandatory years but the public school system can be quite demanding. This generally focuses on exams and a challenging pace. In contrast international schools generally offer education from kindergarten until students are 18 years old.

The Vietnam education market provides a system that is considered among the most efficient globally with the government placing great emphasis on its importance. With over ninety percent literacy Vietnam places great value on its educators which are among the most respected professionals.

School Types

The Vietnam education market size is expanding and generally there are two school types.

Public schools
Education in Vietnam is free and accessible to everyone with public schools adhering to a curriculum regulated by the education and Training Ministry. The program basically includes a deep immersion in the Vietnamese culture and language along with a focus on moral education.

Even though international families or expats can enroll their children in these schools by the focus on rote learning along with Vietnamese instruction eventually make it less appealing for most. Even though public schools in major cities along with urban areas often provide higher quality but in rural regions the schools generally suffer from lack proper funding and under resourced.

International schools
Vietnam saw its pioneering international school opened thirty years ago. Since then these schools have dramatically surged across the country. The private schools offer premium education which features western teaching along with excellent facilities and an international curriculum.

Owing to a government limitation on local enrollments the student body is mainly composed of international families. Some local international schools also provide an excellent compromise. These schools offer bilingual education which is in English and Vietnamese along with cultural education.

Most international schools are based in urban centers like Hanoi or Ho Chi Minh City. These schools are generally coeducational which offers education from nursery through to 18 and are day schools only. There are also several independent international schools catering to primary and secondary education. The enrolment cap for local families consequently means that international schools often have a globally diverse student body. The academic year generally follows a three term structure usually spans between August and June.

The Admissions Process and The Curriculum

Many leading international schools have waiting lists owing to high demand. Therefore it is advisable to make early plans. However with expat families frequently relocating spots at international schools tend to become available at various points during the academic year.

Even though some international schools are not academically selective but the high demand means that most have entrance exams to assess whether students can handle the academic load. Numerous schools also require students to submit their academic records along with references while requiring interviews with children and parents.

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What Makes the Market Interesting

The Vietnam education market size is growing and it is increasingly becoming interesting for business to enter.

Expanding middle class
The burgeoning middle class is the main factor behind the rising need for education. Many believed they have achieved a higher living standard in comparison to their parents. Many people are also confident that their children will experience even better living conditions.

Changing demographics
The demographics are also likely to positively influence the market. In comparison to previous generations young people now have more financial support and are eager to develop skills that match the fast changing job market.

Government supports
Growing need for international education has been matched by fresh government backed opportunities for investors. It is especially since the country joined the WTO. The government continues to prioritize education because they firmly position it to be a national priority. Improving educational quality and ensuring wider access to schools are major priorities for the government.