VIETNAM OVERVIEW

With a total population of approximately 93 million and with almost 69.8% of the population of the working age (15-64 year-old), Vietnam is well placed in the global market to continue it's rapid rise.

According to a 2008 forecast by PricewaterhouseCoopers, Vietnam may be the fastest-growing of the world’s emerging economies by 2025, with a potential growth rate of almost 10% per annum.

AREA OPPORTUNITIES

Traditionally due to low quality, and an uncompetitive curriculum compared with expensive university courses, the public perception amongst Vietnamese students of the established vocational school system is poor.

There is a huge need for high quality vocational training to meet the required skills gap in that area, and to provide a viable alternative for students where the University model is not the best fit for them. This presents an incredible opportunity for Pitman Training to enter the market and to fill this gap. We are therefore looking for like-minded organisations or educational establishments to partner with Pitman Training to bring the brand to the Vietnamese market.

KEY STATS

Franchise Type: New

Cost of Investment: £TBC

Estimated Turnover: £TBC

Population: 89,693,000

GDP Per Capita: $1,896

Key Territories:

  • Ho Chi Minh City (Saigon)
  • Ha Noi
  • Hai Phong
  • Can Tho
  • Da Nang