Vietnam’s higher education market is forecast to expand by US$616.5 million, growing at a compound annual growth rate (CAGR) of 15.6 percent from 2024 to 2029, according to a report from Technavio. The market is undergoing significant transformations driven by the adoption of innovative content delivery methods and the increasing internationalisation of the education sector.
Key drivers of this growth include the rise of technology-enabled learning and the growing appeal of international education programs. These trends are creating new opportunities for students and institutions, as Vietnam’s education sector embraces globalisation and modernisation, according to the report.
It also says that the rising cost of higher education remains a critical challenge, raising concerns about affordability for many students. Institutions that address this issue while leveraging technology and international partnerships are expected to gain a competitive edge in Vietnam’s evolving higher education landscape.
See also: Education in Vietnam