Australia-Vietnam EdTech Innovation Exchange
A series of events to develop cross-market collaboration,
cooperation and synergies.
Connecting the Australian and Vietnamese EdTech ecosystems
The Australia-Vietnam EdTech Innovation Exchange Program will connect educators, EdTech entrepreneurs and education institutions in Australia and Vietnam, as peers to learn cooperatively. The 2-year program will explore key trends in each market focussed on digital transformation, education efficacy and innovation driving student outcomes.
Participating Australian EdTech companies will gain a deep understanding of Vietnamese market opportunities whilst building relationships to facilitate market entry and impact the digital transformation of Vietnamese education providers.
Vietnamese EdTech participants will gain insights on an English-speaking market from which to build export revenue into the bigger markets in Europe and the USA.
This activity received grant funding from the Department of Foreign Affairs and Trade under the Australia-Vietnam Enhanced Economic Engagement Grant Program 2021.
Digital transformation across Vietnam
Innovation driving student outcomes
Product efficacy practices
Cross-market collaboration and cooperation
Timeline of events
STATISTICS & INSIGHTS
Vietnam EdTech Market
Vietnam transitioned from being one of the poorest countries in
the world to a lower middle income country by 2010.
Economic growth has since continued to grow on average at:
annual per capita income (USD)
growth in 2019
- A workforce of graduates and employees that employers believe in, and invest time and resources in, as part of a high-performing skills development system.
- An education system that offers programs for life-long learning and inclusive access to TVET and tertiary education, irrespective of household income.
Vietnam has a population of 97 million – 70% are under the age of 35 years, of which:
million students are at primary
and secondary levels
million students are enrolled
Vietnam has a booming digital economy with ICT as one of the fastest growing sectors. It has a high internet penetration rate and a significant number of digital consumers, with more than 70% of the population owning a smartphone and spending seven hours online daily, on average.
Evolution of EdTech in Vietnam
E-learning was first introduced in Vietnam in 2007. It evolved and adapted to mobile devices in 2013-2014, with further evolution from 2015-2019 where Massive Open Online Course (MOOC) providers have developed rapidly and started growing as a new market segment.
The EdTech market is expected to continue growing along with consumers’ strong interest in advanced technology such as Augmented Reality, Virtual Reality, Artificial Intelligence and Gamification.
Key drivers for EdTech
The evolution of the e-learning and EdTech market in Vietnam continues to be driven by key factors, including:
- The rising demand for multimedia content, as well as low-cost and time-efficient learning options.
- The Government of Vietnam’s initiatives in start-up promotion and ICT application.
The market offers opportunities for Australian EdTech to leverage our global reputation for quality education. In particular, Vietnamese partners including government education agencies, institutions and technology businesses have expressed interest in partnerships with Australian capabilities in EdTech.
Australia and Vietnam
This online seminar will introduce the program and connect key stakeholders with the opportunities in the Australian and Vietnamese EdTech markets. It will feature leaders from the respective EdTech ecosystems, as well as highlight the Australia-Vietnam Enhanced Economic Engagement Grant Program.
Date: 16 November 2021
Who should attend: Australian and Vietnamese educators, EdTech entrepreneurs, and government representatives
Key Trends: Understanding
Over 2 days, up to 15 Australian EdTech companies will explore the structure of the Vietnamese education market. We’ll examine the Vietnamese education innovation agenda, meet educators and learn what to expect when doing business in Vietnam.
Key Trends: Understanding
Over 2 days, up to 15 Vietnamese EdTech companies will explore the structure of the Australian education market. We’ll examine the Australian education innovation agenda, meet educators and learn what to expect when doing business in Australia.
This workshop will cover EdTech product efficacy, featuring a keynote address by an Australian researcher. Australian and Vietnamese EdTech leaders will exchange their experiences measuring and improving the efficacy of their products. A whitepaper outlining best practices for product efficacy in Australia and Vietnam will be produced.
A 2-year program providing real connection and collaboration opportunities across the Australian and Vietnamese EdTech ecosystems.
Participants will gain in-depth market intelligence, establish cross-market networks and gain individualised feedback on product-market fit and market entry strategies.
Complete an expression of interest form.
Trade and Investment opportunities
The education sector is growing rapidly and EdTech represents the fastest growing segment. Global education spend is projected at USD$10 Trillion by 2030, with EdTech spend growing from 3.3% to 5.5%; an additional USD$200B of EdTech revenue.
This project will connect Australia and Vietnam to capture this exciting sector of the education market.
Australia partnering with the EdTech ecosystem in Vietnam will not only support the growth of their education sector, it will position Australia as a key partner. By facilitating connections between EdTech companies we can build a bilateral relationship that will ensure Australian companies are positioned to capture opportunities in Vietnam, whilst supporting Vietnamese companies exporting their solutions.
Expanding Australian education exports beyond student migration will provide a surge of trade and investment activity.
News, Updates & Key Learnings
The latest news, updates, case studies and program stories.
An Opportunity for Connection: Australia-Vietnam EdTech Innovation Exchange
This program is made possible through grant funding from the Department of Foreign Affairs and Trade, under the Australia-Vietnam Enhanced Economic Engagement Grant Program 2021. It aims to connect the Australian and Vietnamese EdTech ecosystems to collaborate and...
Grant funding for Australia-Vietnam EdTech Innovation Exchange
EduGrowth has been awarded grant funding to run the Australia-Vietnam EdTech Innovation Exchange, a project to boost trade and investment opportunities between Australia and Vietnam.The project designed by EduGrowth, is a 2 year program providing real connection and...