Recurrent expenditure on education and training in Vietnam 2015-2021
Education and training sector in Vietnam
In 2021, the GDP value of education and training in Vietnam amounted to approximately 326 trillion Vietnamese dong. In that year, there were almost three thousand newly established businesses for education services in the country. People with entry level jobs in the education and training sector earn a median monthly gross salary of about six million Vietnamese dong.
Education and its societal effects in Vietnam
Since the rapid economic progress in Vietnam and a growing GDP, the government has invested much in nurturing human capital. In Vietnam, the education system was subject to some criticism because of the high pressure. According to a survey among young citizens in Vietnam, 69.3 percent of respondents stated that their current education and skills level will need to be constantly updated. Together with parents’ high expectations, this has led to social issues such as depression, anxiety and suicide among pupils and students.