Rapid assessment of global crisis impact on Vietnam education
Beginning in 2008, the world experienced a severe economic downturn that has impacted multifarious sectors of many countries’ economies. While developed economies suffered from the impact of this crisis, trade was a relevant factor in transmitting the impacts of this crisis to the developing countries. In Vietnam, the importance of education and learning has been highly regarded and could be considered as one of the reasons for successful expansion of educational provisions over the last decade. This tradition seemed likely to continue despite some economic hardships; however, sudden and significant decrease in family income due to unemployment or revenue forces families to make difficult decisions, which may impact the education of their children. In particular, the impact of decreased income is severe on the poor and marginalized minorities.