This document proposes developing an adaptive university model in Vietnam to respond to the market economy and globalization. It discusses future trends in higher education, including the rise of knowledge economies, ICT technologies, and internationalization. It then analyzes the current status of higher education in Vietnam, noting issues like low quality, lack of research, and inadequate monitoring. The document proposes directions for reform, including a focus on quality assurance, modernization, and adapting to the market economy. It presents a proposed adaptive university model that would be market-oriented, ICT-based, produce high quality and knowledge-creative societies, and have strong global and internal networks.