HO CHI MINH CITY. Eyeing prospects on Indo-china Market.
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Transcript of HO CHI MINH CITY. Eyeing prospects on Indo-china Market.
HO CHI MINH CITY
Eyeing prospects on Indo-china Market
COUNTRIES 2006 2007 2008 2009 2010
CAMBODIA 213 218 269 254 283
LAOS 27 27 35 30 25
MYANMAR 573 500 652 439 464
VIETNAM 712 631 756 590 642
THAILAND 944 1148 1444 1679 1725
TOTAL 2469 2524 3156 2992 3139
Number of students from Indo-china as of 31 December 2010
Chicken and egg story
Number of students vs potential market
Indo-china students recruitment:Challenges -
• Malaysia as a Muslim country – population of countries in Indo-china are mostly Buddhist ( negative perceptions – terrorism, threat, unsafe )
• Income disparity – rich and poor ( huge ) : Malaysia is priced for middle to upper income group
• Malaysia vs SINGAPORE
Why Indochina ?• Demand vs number of institutions – local institutions not enough to
accommodate increasing number of students who qualify to enter local universities ( leaving those who fail to enter local universities with no other options )
• Education system in countries like Myanmar, Cambodia and Laos is far behind – parents and students keen to go out in search of good quality education
• Distance – close to Malaysia ( advantages to both students and institutions )
• Effects on economic crisis – Malaysia is seen as a destination to reduce cost
• Tourism is on the increase – more Malaysians coming to Vietnam, Cambodia, Myanmar , Laos with direct flights from MAS and Air Asia (creating a bigger impact on Malaysia as a country to the local people)
WHAT STUDENTS FROM INDO-CHINA LOOK FOR
• QUALITY OF PROGRAMS / BRAND / RANKING OF INSTITUTIONS –academic reputation of a country
• FEES
• STUDY & LIVING ENVIRONMENT – environmental conditions
• LANGUAGE ACQUISITION – English speaking countries
• PRACTICAL EXPERIENCES – study & work
• CAREER ADVANCEMENT – not gaining selection to top universities will limit career potential
Area of studies:
• Vietnam – hospitality, commerce, business, engineering, ICT, marketing
• Myanmar – education, medicine , business, ICT, nursing
• Cambodia – business, ICT , commerce
• Laos – business, ICT
• Thailand – hospitality, business, banking, education , ICT
Current emerging demand :
• Vocational education programs – to cater to mostly of those with less qualified academic background but very keen to find employment
• Focus more on accredited vocational training programs – to meet demands of students with no high qualification
Note : most countries in Indo-china are struggling with skills
shortages in many areas due to their rapid growth
WHAT CAN WE DO?• Sponsorships – partial / full ( other countries have been providing )
• positive images/stories about Malaysia – modern , developed & safe Malaysia
• Frequent visits – the more you come the more they know - NO touch & go • Collaborations with local institutions – we contribute in making their education
standards higher through exchange programs , twinning etc ( publicities on collaborations will help to promote Malaysia, they like us when we also believe in them )
• Proper marketing strategies that suit the market – sell twinning programs with foreign reputable institutions to convince them
• Work closely with alumni – parents and students believe those who already had experience in Malaysia
• Follow up with agents – don’t let them manipulate things and mislead potential leads
THANK YOU