How culture create business opportunities

Currently, education is very important in Vietnam.

Companies
The companies in Vietnam are looking towards a more ‘educated workforce’ whereby they mostly hire a university graduate who is able to speak English. That is the reason why schools in Vietnam like HOU and Saigon Tech are enforcing rules for the students to speak English.

Parents
The rich Vietnamese parents are willing to spend on their children’s education more than anything else. Besides the rich Vietnamese, most of the Vietnamese have also raised attention in their children’s education.

Government
Government of Vietnam is very concern about the education in the country. Therefore, has enforced the rule of having compulsory primary and secondary school education in certain parts of Vietnam like HCMC. It is just like in Singapore where all the kids in Singapore are compulsory to receive primary and secondary school education. The government also welcomed foreign companies to set up schools in Vietnam.

With all these factors and the fact that the country has a very young population, it has proved that the education industry is a very prospective industry to invest in.
This has provided many foreign investors a good business opportunity to set up schools in Vietnam especially for the Singapore education service providers as Singapore has a good education branding to the Vietnamese. Several Singapore companies like KinderWorld International Kindergarden and Hartford Institute have taken their move to Vietnam.