In response to the rapidly growing demand for skilled professionals in the fields of financial technology (fintech) and e-commerce, Vietnamese universities are taking proactive steps to offer relevant courses to their students. With the aim of meeting the evolving human resources needs of the economy and ensuring that graduates are well-prepared for the changing job market, universities in Vietnam are introducing new majors and programs related to the digital economy, marketing technology, robotics and artificial intelligence engineering, and logistic technology engineering.
One notable example is the Ho Chi Minh City University of Food Industry, which is set to offer four new majors in the upcoming 2023-24 school year: law, data science, fintech, and e-commerce. These additions are based on demand from businesses, as fintech and e-commerce have experienced significant growth in Vietnam in recent years and are increasingly accessible to consumers. The university aims to enroll 60 students in each of these majors, providing them with the knowledge and skills needed to excel in these rapidly expanding industries.
Pham Thai Son, the director of the university’s admission and communications center, highlighted the increasing demand for information technology workers in Vietnam, which has quadrupled over the last decade. Fintech, in particular, has emerged as a lucrative field, offering the highest average salary of $1,115 per month, with e-commerce ranking third at $895, according to recruitment site VietnamWorks. This trend has prompted universities to offer specialized courses to meet the growing demand for skilled professionals in these areas.
Hanoi’s Banking Academy has recently added fintech, digital banking, logistics and supply chain management, and tourism management as four new programs. This move is aimed at addressing the evolving human resources needs of the economy, as fintech and digital banking continue to gain traction in Vietnam’s financial industry. Tran Manh Ha, the head of the university’s training department, emphasized the importance of these new courses in equipping students with the necessary skills to thrive in the modern job market.
Apart from these initiatives, other universities in Vietnam are also taking steps to keep up with market demand and provide relevant education and training to their students. The University of Commerce, for instance, has introduced a new major for the upcoming school year: business analytics in the digital environment. The University of Commerce is set to offer a new major in business analytics in the digital environment for the upcoming school year. Similarly, the HCMC University of Economics has introduced five new programs related to the digital economy, which include fintech, marketing technology, digital business, robotics and artificial intelligence engineering, and logistic technology engineering.These programs are designed to equip students with the latest knowledge and skills in these cutting-edge fields, positioning them for success in the job market.
Recognizing the need to constantly adapt to changing market demands and ensure that students are well-prepared for the workforce, the Ministry of Education and Training in Vietnam has also taken steps to support universities in offering relevant courses. It plans to issue a list of new majors for trialing at universities, with a focus on programs that enable students to easily find jobs upon completion. Additionally, universities will be provided with assistance in reviewing and discontinuing majors that are no longer relevant, in order to streamline their offerings and ensure that students are equipped with the most up-to-date skills.
In conclusion, Vietnamese universities are proactively responding to the increasing demand for fintech and e-commerce professionals by offering relevant courses and programs. These initiatives are aimed at meeting the evolving human resources needs of the economy and equipping students with the knowledge and skills needed to excel in these rapidly growing industries. With the support of the Ministry of Education and Training, universities in Vietnam are striving to ensure that their graduates are well-prepared for the changing job market and can contribute to the country’s digital economy.