The Plan to Build A “Little Silicon Valley” In The Heart of Vietnam

Southeast Asia is becoming one of the fastest-growing tech hubs in the world, and the country that we are focusing on today is Vietnam, where a coding revolution is set to take place. Plans have been revealed to set up a series of tech-oriented educational institutions across the country, creating the next generation of tech employees for the tech sector.

While one may think of Asian countries such as Indonesia and Singapore when it comes to the burgeoning tech industry, Vietnam is not too far behind. In the last two years, over 35000 tech professionals have emerged from the country. However, most of them now provide their services in the global west across the USA, Canada, UK, and more.

This was one of the particular reasons why the Vietnamese tech sector could not take off like its counterpart in other SEA countries. But, with the oncoming ‘little Silicon Valley’ program, this is set to change.

A Startup Is Leading The Way

The project, for which $15 million has been sanctioned so far, will be led by a Vietnam-based startup called MindX. As of now, 32 campuses across are a part of this project, with the number set to grow even higher.

While MindX was particularly providing coding lessons prior to this project, this time they are expanding their reach to include data analytics, blockchain, UI/UX design, and more. The primary targets are tier 2 and tier 3 cities, and according to Nguyen Thanh Tung, founder of MindX, a total of 45 cities will be part of this educational project.

A detailed plan has been set up as to how this can be done, and this includes both sanctions from the government as well as discussing the realities with locals of these tier 2 and 3 cities.

The Pandemic Was The Game Changer

Prior to the lockdown period, most of the tech classes being conducted across Vietnam were in the major cities, and in-person. However, these classes will now be conducted in a hybrid manner, thereby allowing penetration into more remote areas and turning over a larger footfall of students.

This process came with its own challenges, but with the help of the MindX team, it was made possible. The current courses being offered can be as short as two months and for those interested in really building a career in tech, a six-year course is also available.

There are also entrepreneurial programs being offered, where students will learn business skills such as fundraising and marketing. The attendees will also be connected with venture firms where they can pitch their own tech startup ideas.

With this project underway, the future of the Vietnamese tech industry seems to lie in solid hands, who are not only preparing for the present but also for the future.