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Vietnam’s Higher Education Market to Grow by USD 528.6 Million (2024-2028), Driven by Shifts in Content Delivery; Market Evolution Powered by AI – Technavio

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NEW YORK, Nov. 21, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The higher education market in vietnam size is estimated to grow by USD 528.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 15.43% during the forecast period. Advent of changes in educational content delivery methods is driving market growth, with a trend towards growth of internationalization in the education sector. However, rising cost of higher education poses a challenge.Key market players include ABEO Inc., Adobe Inc., Anthology Inc., Apple Inc., Dell Technologies Inc., FPT Corp., Genius Edu Management System Pvt. Ltd., HCL Technologies Ltd., IDP Education Ltd., ILA Vietnam Co. Ltd., Innotech Vietnam Corp., Nash Squared, Oracle Corp., Orient Software Development Corp., Pearson Plc, Samsung Electronics Co. Ltd., and Topica Edtech Group.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product (Software and Hardware), End-user (Private colleges, State universities, and Community colleges), Courses (Undergraduate, Masters, and PhD), and Geography (APAC)

Region Covered

Vietnam

Key companies profiled

ABEO Inc., Adobe Inc., Anthology Inc., Apple Inc., Dell Technologies Inc., FPT Corp., Genius Edu Management System Pvt. Ltd., HCL Technologies Ltd., IDP Education Ltd., ILA Vietnam Co. Ltd., Innotech Vietnam Corp., Nash Squared, Oracle Corp., Orient Software Development Corp., Pearson Plc, Samsung Electronics Co. Ltd., and Topica Edtech Group

Key Market Trends Fueling Growth

In Vietnam’s higher education market, there’s a growing emphasis on continuous learning and professional development. Young individuals seek academic pursuits through universities, colleges, institutes, offering undergraduate and postgraduate degrees, vocational training, doctoral programs, certificates, and diplomas. Career progression and research endeavors drive the demand for practical skills, personal development, and professional networks. Global educational trends favor digital technologies, with online learning platforms and virtual classrooms becoming popular. Interactive simulations, augmented reality, and content collaboration tools enhance the learning experience. Institutions offer on-premises and cloud-based solutions for course types ranging from arts and humanities to economics, engineering, law, and science. Earning potential and employment prospects are key considerations, with analytical thinking, leadership capabilities, creativity, and a skilled workforce essential for career success. Educational infrastructure and technology solutions ensure academic continuity, even in remote learning scenarios. Curriculum requirements adapt to meet the needs of the youth population, while managed services and professional services support institutions in their mission to provide quality education. 

Vietnam’s higher education sector has witnessed significant internationalization since the 1990s, driven by the government’s goal to strengthen diplomatic and economic relationships with various trading partners. This trend is evident in the increase of joint programs and internationally accredited academic offerings. As of December 31, 2021, there were 408 joint programs between Vietnamese and foreign higher education institutions. Of these, 186 involved private institutions, while the remaining 222 were under the Ministry of Education and Training’s supervision. This growth underscores Vietnam’s commitment to enhancing its education system through international collaborations. 

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Market Challenges

In Vietnam’s higher education market, continuous learning and professional development are key priorities for young individuals seeking career progression and personal growth. This includes secondary schooling, universities, colleges, institutes, and academic pursuits such as undergraduate and postgraduate degrees, vocational training, doctoral programs, certificates, and diplomas. Employers value practical skills, research endeavors, and analytical thinking, making earning potential and employment prospects essential considerations. Institutions offer various course types, including arts, economics, engineering, law, science, online, and offline, catering to diverse learning needs. Challenges include curriculum requirements, global educational trends, and the integration of digital technologies like online learning platforms, virtual classrooms, interactive simulations, augmented reality, and content collaboration tools. Campus management, managed services, and professional services are essential for educational institutions to adapt and thrive. The youth population’s educational infrastructure and technology are crucial, enabling remote learning, academic continuity, and research opportunities. Ultimately, higher education plays a vital role in creating a skilled workforce, fostering creativity, leadership capabilities, and community advancement.The cost of higher education in Vietnam, particularly in private colleges, has become a significant concern for potential students. Tuition fees in private, nonprofit, and four-year institutions have seen a notable increase in recent years. This trend has resulted in a decrease in college enrollments due to the disparity between the high costs and the perceived value of a college degree. Additionally, the limited availability of well-paying jobs is further discouraging students from pursuing higher education with substantial fees.

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Segment Overview 

This higher education market in Vietnam report extensively covers market segmentation by

Product 1.1 Software1.2 HardwareEnd-user 2.1 Private colleges2.2 State universities2.3 Community collegesCourses 3.1 Undergraduate3.2 Masters3.3 PhDGeography 4.1 APAC

1.1 Software- The higher education software market in Vietnam is projected to experience substantial growth during the forecast period. This market consists of two main segments: support and solutions. The solutions segment includes learning management systems (LMSs), enterprise resource planning (ERP), adaptive learning software (ALS), content management systems (CMS), and other solutions. The support segment encompasses education apps, digital educational publishing, learning analytics, and others. The implementation of such software is expected to streamline information collection and record maintenance processes within Vietnam’s higher education sector. For instance, Genius Education Management, a web and mobile program, was specifically designed to manage daily operations for schools, colleges, and universities in Vietnam. This cloud-based ERP solution offers a mobile application for teachers, students, and parents to access real-time updates from anywhere. Integrating diverse data from various colleges and universities is a complex task. Utilizing analytics software allows higher educational institutions to seamlessly access and integrate data across multiple systems. It also enables data-driven decisions regarding student performance, leading to improved success rates. The demand for learning analytics and assessment tools in Vietnam is still in its infancy. The shift towards active learning techniques and changes in educational content delivery methods have fueled the need for various higher education software. Additionally, there is a growing preference for cloud-based classroom management systems due to their ease of integration with existing LMS and supporting software like CMS. Global technology vendors offering learning analytics, gamification solutions, assessment tools, and content authoring are expected to expand and capitalize on this opportunity. Adaptive learning technology is gaining popularity in the higher education sector, providing personalized, self-paced learning experiences. The use of adaptive learning analytics helps analyze student data to enhance learning and teaching. Adaptive learning systems customize the learning platform based on individual student needs using adaptive learning analytics data. Government initiatives, such as the National Digital Transformation Program through 2025, aim to expand Vietnam’s ICT industry, which was worth USD 20 billion in 2019, at an annual growth rate of 10% to 15% between 2021 and 2025. These factors are expected to fuel the demand for software in higher education, thereby boosting the growth of the higher education market in Vietnam through the software segment during the forecast period.

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Research Analysis

In Vietnam’s Higher Education landscape, continuous learning and professional development are increasingly valued for career progression and personal growth. Secondary school graduates have various options, including universities, colleges, institutes, and vocational training centers, for academic pursuits. Undergraduate and postgraduate degrees, professional certifications, doctoral programs, certificates, and diplomas are available in various fields, from technology to business and beyond. Digital technologies play a significant role, with online learning platforms, virtual classrooms, interactive simulations, augmented reality, and remote learning enabling academic continuity. Youth population, the largest demographic in Vietnam, benefits from educational technology, which enhances practical skills, analytical thinking, leadership capabilities, and creativity. The integration of technology in higher education fosters a more engaging and effective learning experience.

Market Research Overview

In Vietnam’s higher education landscape, continuous learning and professional development are prioritized for young individuals seeking to advance their careers and personal growth. Secondary schooling sets the foundation for university, college, institute, and vocational training, leading to undergraduate and postgraduate degrees, certificates, and diplomas. Academic pursuits span various fields, including arts, economics, engineering, law, science, and more, delivered through on-premises and cloud-based institutions. Vocational training and doctoral programs offer practical skills and research opportunities, while career progression, professional networks, and community advancement are essential benefits. Earning potential and employment prospects are significant motivators, with analytical thinking, leadership capabilities, creativity, and a skilled workforce in high demand. Digital technologies, such as online learning platforms, virtual classrooms, interactive simulations, and augmented reality, are transforming educational opportunities. Content Collaboration, Campus Management, Managed Services, and Professional Services cater to diverse needs. Global educational trends remote learning, academic continuity, and curriculum requirements. The youth population’s educational infrastructure and technological advancements are shaping the future of Vietnam’s higher education market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductSoftwareHardwareEnd-userPrivate CollegesState UniversitiesCommunity CollegesCoursesUndergraduateMastersPhDGeographyAPAC

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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WaterField Designs Introduces Shield Case for Steam Frame VR Headset and Accessories

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The compact, foam-reinforced case protects and organizes the Valve Steam Frame headset and its accessories between gaming sessions at home and on the road. An interior Padded Accessory Case keeps the controllers separate from the headset and helps stabilize it, while fleece lining, waterproof YKK zippers and durable materials provide added protection.

SAN FRANCISCO, Oct. 29, 2026 /PRNewswire/ — WaterField Designs introduces the Shield Case for Steam Frame, a compact protective case for Valve’s Steam Frame virtual reality (VR) headset, which ships without a dedicated carrying case. Designed and handcrafted in San Francisco, the new Steam Frame case protects and organizes the headset, both controllers and the included wireless adapter in a structured, foam-reinforced, fleece-lined interior for home storage and travel.

Shield Case for Steam Frame video demo.

The Steam Frame supports wireless PC game streaming and standalone play, whether at home, in a hotel room or at a friend’s house. To keep the case compact and the accessories organized, WaterField designed the Padded Accessory Case. Positioned between the goggles and headband, its main compartment holds both controllers, while an Ultrasuede® pocket holds the included wireless adapter. For owners with an Arcturus Vision Camera, the pocket also accommodates the camera alongside the adapter. The padded compartment cushions and helps stabilize the headset.

“We wanted to give the Steam Frame a protected place between gaming sessions and make it easy to take the whole setup along,” said company founder Gary Waterfield. “The tricky part was fitting the controllers without making the case larger than it needed to be. We used the space between the goggles and headband to give them their own padded compartment.”

Firm foam reinforces all sides of both the Shield Case and the Padded Accessory Case inside it. Three-layer, foam-padded fleece lines the interior, while cushioned zipper guards help protect the headset from scratches. Each case is handcrafted in small batches using 1680-denier ballistic nylon, 15-ounce waxed canvas, or Forza, a high-performance nylon with a distinctive, two-tone basketweave. Select versions feature full-grain leather accents. Waterproof YKK zippers and custom metal hardware complete the construction.

Key Features

Custom fit: Holds the Steam Frame headset, both controllers, the included wireless adapter, and other included accessories. The headset fits with its headband extended or collapsed and with or without the eye spacer attached.Padded Accessory Case: Holds both controllers between the goggles and headband, helping stabilize the headset. Its Ultrasuede® pocket fits the wireless adapter, with room for an Arcturus Vision Camera alongside it.Additional accessory storage: A plush, padded pocket in the main Shield Case holds a power adapter, power cables and other accessories.Exterior storage: A diagonal zippered front pocket holds a USB-C cable, cleaning cloth, or other small items; a hidden pocket holds an AirTag.Impact protection: Firm foam reinforces all sides of the Shield Case and Padded Accessory Case to help protect against bumps during storage and transport.Scratch protection: Three-layer, foam-padded fleece lining, fleece-covered sides of the Padded Accessory Case, and cushioned zipper guards help protect the headset and its sensitive surfaces from scratches.Weather-resistant closure: Waterproof YKK zippers secure the main compartment and exterior pocket.Carry options: A wide padded handle allows hand carry; D-rings accommodate an optional 1-inch shoulder strap (not included).

Availability and Pricing

Shield Case for Steam Frame

Price: $169—ballistic nylon, waxed canvas, or Forza; $189—ballistic nylon or waxed canvas with full-grain leather.

Colors: Black ballistic nylon; tan waxed canvas; blue Forza; titanium Forza; black ballistic nylon with black full-grain leather; tan waxed canvas with chocolate full-grain leather.

Materials: 1680-denier ballistic nylon, 15-ounce waxed canvas, or Blue Forza basketweave nylon; full-grain leather on select versions; foam reinforcement; padded fleece lining; Ultrasuede®; waterproof YKK zippers; custom metal hardware.

Dimensions: 10.5 x 8.5 x 5 inches.

Capacity: 5 liters.

Weight: Non-leather models: 1 pound. Models with leather: 1.25 pounds.

Compatibility: Valve Steam Frame VR headset and all included accessories, with headband extended or collapsed and with or without the eye spacer.

Optional add-on: 1-inch Cam Lock Shoulder Strap — $25.

Manufacturing: Handcrafted in small batches in San Francisco.

Availability: Non-leather models ship today. Models with leather ship Nov. 12, 2026.

About WaterField Designs

Founded in 1998, WaterField Designs handcrafts premium laptop bags, backpacks, travel bags and gaming cases in San Francisco. Known for meticulous craftsmanship, premium materials and functional design, the company produces bags and accessories in small batches for professionals, travelers and technology enthusiasts worldwide. More at Our Story.

WaterField Designs, SFbags, and Shield Case for Steam Frame are trademarks of WaterField Designs. Other company and product names may be trademarks of their respective owners. Copyright ©2026. All Rights Reserved.

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From Pitch to Pilot: Lee Kuan Yew Global Business Plan Competition Opens Global Search for Deep Tech Urban Solutions and Sustainability focused Founders

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Finalists compete for over S$2.5 million (US$2 million) in prizes and gain a pathway to SMU’s Urban SustaInnovator accelerator and US$10 million USI Fund

SINGAPORE, Oct. 29, 2026 /PRNewswire/ — For many deep-tech start-ups tackling urban and sustainability challenges, the biggest hurdle is not developing breakthrough technologies, but finding the customers, partners and opportunities to deploy them at scale.

Addressing this challenge, the 13th Lee Kuan Yew Global Business Plan Competition (LKYGBPC) today opened applications for university founders and recent graduates seeking to turn frontier ideas into real-world impact. Organised by Singapore Management University’s Institute of Innovation & Entrepreneurship (SMU IIE), LKYGBPC is one of Asia’s most globally representative deep-tech start-up competitions, spanning 12 focus areas including climate tech, energy, food and land use, urban mobility, longevity and healthtech, and sustainable materials and circularity.

Fifty finalists will be flown to Singapore 28 September to 1 October 2027 to compete for over S$2.5 million in prizes and take part in an Innovation Festival featuring investor engagement, mentorship, and connections with corporate and ecosystem partners.

Beyond the Competition: A Gateway to SMU’s Urban SustaInnovator (USI) accelerator

Selected LKYGBPC finalists can join SMU’s Urban SustaInnovator (USI) accelerator, launched in 2025, which supports start-ups through market access, pilot projects and strategic introductions across Asia. In May 2026, SMU IIE launched the USI Fund to back promising ventures as they pilot and scale.

“Founders of breakthrough technologies can create value only when they reach the people, industries, and communities they are designed to serve. SMU created LKYGBPC as a platform to help founders bring their innovative ideas to life by connecting them with the partners, markets and opportunities needed to turn innovation into real-world impact. Now, through the USI programme and USI Fund, we offer a post-competition pathway to pilot, scale, and raise capital throughout Asia,” said Rony Palathinkal, Head of the LKYGBPC and Urban SustaInnovator at SMU IIE.

One of the biggest challenges for sustainability start-ups is getting access to the right partners to validate and deploy new technologies.

SMU is uniquely positioned to help startups make these connections with its network of Overseas Centres in Bangkok, Jakarta, Ho Chi Minh City and Shenzhen, and its International Advisory Councils in eight countries. “SMU’s expansive network of partners from industry, government and community across Asia enables us to forge connections that enable startups to cross borders and scale their innovative solutions,” says Professor Sun Sun Lim, SMU’s Vice President of Partnerships and Engagement, and Lee Kong Chian Professor of Communication & Technology.

Singapore-based Standard Physics (formerly Inviscid AI), founded by Qiu Ziming and Kabir Jain, was a finalist in the 12th LKYGBPC before joining Y Combinator’s Winter 2026 cohort and SMU’s inaugural Urban SustaInnovator (USI) accelerator. The startup uses physics-informed AI and IoT-powered digital twins to optimise energy efficiency in buildings and data centres. Through USI, it secured a pilot with The GEAR by Japanese construction giant Kajima and is discussing three more opportunities. It has also raised US$2.3 million in seed funding led by Square Peg Capital and is preparing to launch an AI-powered agentic engineering platform. Jain credits Y Combinator’s start-up expertise and USI’s regional network for supporting its growth.

“The accelerators were very complementary. YC was good at getting us from zero to one, and then USI has been very helpful in getting us from one to 10. The USI team can make the right introductions and help you grow,” said Jain. 

Singapore is strengthening its position as a global sustainability innovation hub, providing start-ups with opportunities to pilot, validate and scale technologies across Asia and beyond. This government-led ambition is backed by the S$37 billion RIE 2030 plan, including S$10.8 billion for mission-oriented research, and a S$40 million USS Translation Fund to support the development and commercialisation of urban and sustainability solutions.

Building a Global Pipeline of Innovation

Established by SMU in 2002, LKYGBPC is a biennial competition open to start-ups with at least one founder currently enrolled in a university programme or who graduated within the past five years. Its 12th edition in October 2025 attracted over 1,500 entries from founders representing 1,200 universities across 91 countries. Finalists from the 9th to 12th editions have collectively raised over S$1 billion. Finalists from the 9th to 12th editions have collectively raised over S$1 billion.  Finalists from the 9th to 12th editions have collectively raised over S$1 billion.

Said Shirley Wong, Entrepreneur-in-Residence at SMU IIE, Chairperson of the 13th LKYGBPC Advisory Committee, and Managing Partner of TNF Ventures: “As Asia continues to urbanise, the region presents both complex challenges and significant opportunities for innovation. LKYGBPC brings together founders worldwide and connects them with Singapore’s ecosystem of industry, investors and institutions to accelerate solutions with regional and global impact.”

Applications are open at https://iie.smu.edu.sg/lkygbpc and close on 31 March 2027.

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Dragonpass Showcases AI-Powered Travel Experiences and Member Engagement Solutions at ITB Asia 2026

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SINGAPORE, Oct. 29, 2026 /PRNewswire/ — Dragonpass, a global travel and lifestyle platform and membership solutions provider, participated in ITB Asia 2026, held from 21 to 23 October at Marina Bay Sands, Singapore. The event provided an opportunity for Dragonpass to connect with industry stakeholders across the travel value chain and explore new partnership opportunities to deliver more connected travel and lifestyle experiences.

Under the theme “Experiences in Motion: Human-Centred Design in Travel & Tourism”, the event brought together more than 1,000 exhibiting brands and industry leaders to explore the future of travel and tourism. Dragonpass showcased its integrated travel ecosystem, highlighting how premium services, member engagement and AI-driven personalisation can create greater value for partners and travellers.

Connecting Partners Across the Travel Ecosystem

With 20 years of experience, Dragonpass demonstrated how it transforms travel benefits into long-term customer loyalty for corporate partners worldwide, bringing together airlines, airports, hotels and travel service providers to create more connected experiences across the journey.

Its integrated solutions span premium travel services, including first-class services, airport transit and flight delay assistance, alongside targeted member engagement through premium privileges, daily engagement and miles redemption. By connecting these services with partners’ existing membership programmes, Dragonpass helps make benefits more accessible and relevant to members, encouraging ongoing engagement beyond individual transactions.

Through co-branded lounges, dedicated counters and co-branded events, Dragonpass also enables partners to extend their brand presence into the airport environment and build more valuable connections with their members.

Reimagining Member Experiences for Interest-Driven Travel

As travel patterns evolve, interest-driven travel is creating new opportunities for membership programmes to move beyond benefit redemption towards more personalised, experience-led engagement.

“One of the most noticeable changes we see is that people are increasingly travelling around their interests — whether it’s flying to another city for a concert, a sporting event, a food experience or an art exhibition,” said Jane Zhu, Co-founder and CEO of Dragonpass.

“AI allows us to connect membership benefits with these real-life journeys, helping travellers discover relevant services when planning a trip and access available lounge or privileges at the airport. The opportunity is to move beyond simply offering benefits to showing members how those benefits can enrich their travel and lifestyle experiences,” she added.

As Dragonpass continues to expand its global ecosystem, the company is focused on using AI to deepen member relationships, connect more partners across the travel and lifestyle value chain, and transform membership benefits into meaningful experiences throughout the journey.

About Dragonpass

Established in 2005, Dragonpass is a leading global travel and lifestyle platform, providing premium benefits and experiences to more than 40 million members worldwide. Its growing ecosystem spans travel, health and wellness, lifestyle and entertainment, with a global network covering more than 140 countries and regions and partnerships with more than 800 enterprises.

For more information, please visit www.dragonpass.com.

Dragonpass Brand & Marketing
Email:brandmarketing@dragonpass.com

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