In recent years, Vietnam has been on the list of 10 countries with the fastest growth rate of the educational platforms
digital, specialists reported and forecast a new development step for Edtech Vietnam in 2023.
The EdTech market of Vietnam in 2023 will be able to reach a revenue of three billion dollars, which represents an annual increase of 20.2 percent over the last five-year period, they evaluated.
Galaxy Education CEO Pham Giang Linh said the EdTech market in Vietnam began to form in 2006, paralleling the early period of Vietnam’s internet economy.
However, only from 2016 until now, especially in the period of the COVID-19 pandemic (2020 – 2021), due to the increasing demand for online teaching and learning, the market for EdTech began to capture social interest, he said.
The development trend of EdTech in Vietnam is extremely exciting, he said, citing that by 2022, Vietnam registered more than 100 startups in this field.
Some Vietnamese EdTech companies have mobilized large capital from millions to tens of millions of dollars, such as Topica, ELSA, CoderSchool, Edmicro, Vuihoc or Educa. National corporations also continue to invest in and expand their online education ecosystem, such as Viettel, FPT, and VNPT./.
