Despite forecasts that the global economic situation may negatively impact the startup market, the edtech sector in Vietnam is still flourishing due to increased investment in education, affordable internet costs, and advancements in industry technologies.
Investment in education in Vietnam tended to increase steadily over the past decade, according to a report by the Vietnam National Institute of Educational Sciences (VNIES).
The Vietnamese government on July 6 issued Decision No.793/QD-TTg to simplify regulations for certain business activities in the education and training sector.
While BYJU s has already opened offline tuition centres, Unacademy has announced to open coaching centres nation-wide, starting with Kota in Rajasthan which is the coaching hub for engineering entrances, IIT-JEE, JEE Main and medical entrance, NEET.