Vietnam’s planned consolidation of its public higher-education system comes at an important point in the country’s development. As Vietnam advances towards its ambition of becoming a high-income economy by 2045, competitiveness will increasingly depend on productivity, innovation, technology and the ability of Vietnamese companies to create and retain more value.
This Executive Insight looks beyond the number of universities to the more fundamental question: What capabilities will Vietnam’s higher-education system need for the country’s next stage of development?
Drawing on perspectives from higher education, strategy, organisational transformation and M&A, the article examines both the opportunities of consolidation and the challenges of turning structural change into stronger institutions.