The Vietnamese education system has achieved some laudable results, including a 98 percent literacy rate. However, shortcomings of the education system include limited training for teachers, inadequate instructional methods, and poor education management and administration. The demands of a highly competitive global economy require a mix of skills, knowledge and human capital that is not being developed currently by Vietnam’s education system. The Government of Vietnam has begun to address critical challenges by setting longer-term goals for higher education in its current socio-economic development plan and undertaking other actions such as providing public funding for international higher education partnerships, supporting student and faculty exchanges and PhD training,certified financial planner san jose funding equity-based scholarships for students to attend public higher education institutions and advancing efforts to reform policies and regulatory frameworks that shape institutional practices. USAID works in partnership with Vietnamese universities and the private sector to strengthen education in key sectors.