How Foreign Investment and returning Vietnamese have driven improving English proficiency in Vietnam

According to the latest annual English Proficiency Index (EPI) by the Swiss Education First (EF - a global language training company), Vietnam ranked 7th in Asia in English Proficiency. This indicates that your business in Vietnam can access qualified, competent English speaking team members. Importantly, English proficiency levels will continue to improve, largely thanks to reported growth in Foreign Investment and a huge number of Vietnamese returning home from professional or educational placements in English speaking locations such as the United States, Australia and the UK.

The stable FDI growth in Vietnam - a positive signs for economic growth and improving Vietnamese’s English proficiency

 

Foreign Direct Investment in Vietnam averaged 6.31 USD Billion from 1991 until 2019, reaching an all-time high of 19.10 USD Billion in December of 2018. Regional economists acknowledged Vietnam as the fastest growing ASEAN economy with robust performance and bright outlook. Thus, lots of international corporations have presence in Vietnam, presenting great opportunities of significant career advancement for Vietnamese who display high levels of English competence. Both young and middle-aged local employees have been more ambitious about enhancing their English levels through structured classes and self-studying methods as well as interacting with foreign expats and tourists in Vietnam.

Another factor to accelerate the English proficiency in Vietnam is the strong force of returning Vietnamese after years of living, studying and working abroad.

According to Vietnamese Government’ data on education in 2017, there are up to 130,000 students studying abroad and huge numbers of graduates from English-speaking countries like the United States, Australia, and the United Kingdom. Most of them choose to return, build their career and businesses in Vietnam to reap the benefits of an overseas degree and strengthen their family and community bonds.

If you are wondering about how to start building a highly-effective offshored team or outsourcing your customer service operations in this promising country, feel free to contact us.

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