Abstract

On the eve of the new 21st century - the age of globalization and information, there is an increased awareness of the vitally important role of higher education, especially management education, to the socio-cultural, economic and politic development of the country. The second half of the 20th century went down in the history of higher education as the period of its most spectacular expansion, but it is also the period which has seen the gap between industrially developed, developing countries, and in particular the least developed countries with regard to access and resources for higher learning, particularly for management education, already enormous, becoming even wider. It has also been a period of increased socio-economic stratification and greater difference in education opportunity within countries. Like all changes, globalization and information technology development have been producing their own set of unique benefits and problems. This paper aims at presenting an analysis of weaknesses of higher education in general and management education in particular, mentioning different main factors that pose different impacts on the management education in Vietnam and suggesting possibly appropriate strategies for solution, for catching up and for meeting with unprecedented demand, and even more, for enhancement of management education of Vietnam in the new environment - the Digital Age: through international cooperation.