Vietnam : Higher Education and Skills for Growth

The demand for skills has been increasing significantly in Vietnam, due to a combination of inter-industry employment changes, capital accumulation and some evidence which is consistent with skill-biased technical change. As a result employment opp...

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Bibliographic Details
Main Author: World Bank
Format: Education Sector Review
Language:English
en_US
Published: Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/06/10988339/vietnam-higher-education-skills-growth
http://hdl.handle.net/10986/7814
id okr-10986-7814
recordtype oai_dc
spelling okr-10986-78142021-04-23T14:02:35Z Vietnam : Higher Education and Skills for Growth World Bank ACCESS TO HIGHER EDUCATION EMPLOYMENT OPPORTUNITIES FINANCE FRAMEWORKS GOVERNANCE INVESTMENT IN EDUCATION PUBLIC AND PRIVATE SECTORS R&D CAPACITY TERTIARY EDUCATION The demand for skills has been increasing significantly in Vietnam, due to a combination of inter-industry employment changes, capital accumulation and some evidence which is consistent with skill-biased technical change. As a result employment opportunities for tertiary graduates now exist in most sectors. Higher education graduates are also shown to contribute positively to firm productivity. On the one hand, this evidence provides a strong justification for further expansion and improvement of higher education in the country. On the other hand, low research and development (R&D) capacity, increasing evidence of skill bottlenecks and the still inequitable distribution of higher education opportunities, combined with broad institutional and financing constraints, suggest that the higher education system does not yet have the tools it needs to adapt to the growing and changing needs of an increasingly dynamic economy. Moving towards a first-class high performing higher education system will require a set of reforms that create a more flexible and diverse system, with, among other characteristics, more private sector participation and greater emphasis on research with the potential development of centers of excellence. To get there, Vietnam will need to create supporting governance and financing frameworks, with a revised role for the public and private sector. It may consider pursuing a reform agenda in three stages: strengthening the framework for a competitive higher education system, helping universities improve the relevance of decision making for the emerging social and economic needs, and further investments in building a first class higher education system. 2012-06-12T15:53:20Z 2012-06-12T15:53:20Z 2008-06 http://documents.worldbank.org/curated/en/2008/06/10988339/vietnam-higher-education-skills-growth http://hdl.handle.net/10986/7814 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Education Sector Review Economic & Sector Work East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO HIGHER EDUCATION
EMPLOYMENT OPPORTUNITIES
FINANCE FRAMEWORKS
GOVERNANCE
INVESTMENT IN EDUCATION
PUBLIC AND PRIVATE SECTORS
R&D CAPACITY
TERTIARY EDUCATION
spellingShingle ACCESS TO HIGHER EDUCATION
EMPLOYMENT OPPORTUNITIES
FINANCE FRAMEWORKS
GOVERNANCE
INVESTMENT IN EDUCATION
PUBLIC AND PRIVATE SECTORS
R&D CAPACITY
TERTIARY EDUCATION
World Bank
Vietnam : Higher Education and Skills for Growth
geographic_facet East Asia and Pacific
Vietnam
description The demand for skills has been increasing significantly in Vietnam, due to a combination of inter-industry employment changes, capital accumulation and some evidence which is consistent with skill-biased technical change. As a result employment opportunities for tertiary graduates now exist in most sectors. Higher education graduates are also shown to contribute positively to firm productivity. On the one hand, this evidence provides a strong justification for further expansion and improvement of higher education in the country. On the other hand, low research and development (R&D) capacity, increasing evidence of skill bottlenecks and the still inequitable distribution of higher education opportunities, combined with broad institutional and financing constraints, suggest that the higher education system does not yet have the tools it needs to adapt to the growing and changing needs of an increasingly dynamic economy. Moving towards a first-class high performing higher education system will require a set of reforms that create a more flexible and diverse system, with, among other characteristics, more private sector participation and greater emphasis on research with the potential development of centers of excellence. To get there, Vietnam will need to create supporting governance and financing frameworks, with a revised role for the public and private sector. It may consider pursuing a reform agenda in three stages: strengthening the framework for a competitive higher education system, helping universities improve the relevance of decision making for the emerging social and economic needs, and further investments in building a first class higher education system.
format Economic & Sector Work :: Education Sector Review
author World Bank
author_facet World Bank
author_sort World Bank
title Vietnam : Higher Education and Skills for Growth
title_short Vietnam : Higher Education and Skills for Growth
title_full Vietnam : Higher Education and Skills for Growth
title_fullStr Vietnam : Higher Education and Skills for Growth
title_full_unstemmed Vietnam : Higher Education and Skills for Growth
title_sort vietnam : higher education and skills for growth
publisher Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/06/10988339/vietnam-higher-education-skills-growth
http://hdl.handle.net/10986/7814
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