The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
HANOI / WAM
Vietnam’s e-learning market is expected to reach revenue of around $3 billion by 2023 with a CAGR of about 20.2% from 2019-2023, the Vietnam News Agency (VNA) quoted a report by Ken Research as saying.
Vietnam’s educational technology (Edtech) market is said to hold high potential and is drawing attention from investors, especially in the context of the Covid-19 outbreak and its complicated developments.
Vietnam was listed in the top 10 fastest growing Edtech markets globally, posting annual growth of 44.3%, according to the Vietnam Edtech Report 2021.
Last year, Vietnam moved from a “pandemic response education” status to “pandemic adaption education” amid the complicated developments of Covid-19.
According to observers, in 2022, Edtech will be the pioneer technology when the demand for technology platforms in education becomes high.