The Role of the Vietnamese Education System in Starting a Business

Abstract

The education system plays an important role in human development. It is not only in terms of improving knowledge, solving social problems on many levels but also contributing to the development of the economic activities of a country. Moreover, entrepreneurship and entrepreneurial activities are also strongly influenced by the education system of the country. Today, entrepreneurial activities play an increasingly significant role in the development of the country. Therefore, it needs to be paid attention to and focused on the building of an educational environment suitable to the characteristics of entrepreneurship. From there, it is possible to create a dynamic environment, promote business development and start business activities of the country. This paper first provides a brief overview of the role of education in entrepreneurship. Next, the research method and research results are presented on assessing the current status of the role of the national education system in starting a business in Vietnam. The study is based on the analysis of data collected from the report provided by The Amway Global Entrepreneurship Report in 2018 (AGER) on national entrepreneurship in the specific case of Vietnam. Finally, the paper ends with some suggestions and conclusions of the study.