Despite forecasts that the global economic situation may negatively impact the startup market, the education technology (edtech) sector in Vietnam is flourishing, thanks to increased investment in education, affordable Internet costs, and advancements in industry technologies.
In July 2021, the Vietnamese government set a target to expand online training to 90 per cent of universities and 80 per cent of high schools and vocational training institutions by 2030. As Vietnam seeks to improve the quality of its workforce, particularly in digital skills training, experts believe that there is significant potential for growth in educational technology.
In his interview with the Vietnam Investment Review (VIR), Dr. Ton Quang Cuong, Dean of the Faculty of Education Technology at the University of Education under Hanoi National University and member of the Board of Advisors at KidsEdu noted that most of Vietnam’s edtech companies lack breakthrough technologies and need to adopt advanced technologies to remain competitive. He emphasized the importance of combining content and technology flexibly to keep learners engaged and motivated.
“Investors in Vietnam’s edtech industry are cautious, and startups need to focus on developing unique technologies, as well as clear goals and strategies to succeed. Additionally, high-quality content combined with the right technology is crucial to engage learners and keep them interested,” Dr. Cuong told VIR.
At KidsEdu, we bring together age-relevant STEM contents with thoughtful use of technology to equip children at a young age (3-6 years old) with critical thinking skills: creativity, analysis and problem solving, especially the computational thinking skills – the most important skills for them to succeed in the 21st century. Find out more here.
Source: https://vir.com.vn/significant-funding-pumped-into-educational-startups-101613.html