Vladivostok State University of Economics and Service (VSUES) was founded in 1967 as Far Eastern Technological Institute of (FETI). Later on in 1995, its name was changed to Far Eastern State Technological Institute (FESTI) and soon after, in 1996, the university raised its status and was renamed as Vladivostok State University of Economics and Service, reflecting the more comprehensive education offered at the university. The academic programs at VSUES have a strong focus in the areas of economics, business, management, tourism, design, engineering and international studies.

Nowadays VSUES is turning itself into a leading business university in the Russian Far East by offering creative education with a practical, hands-on approach to learning. The programs at VSUES have a strong focus in the areas of economics and business, management, tourism, design, engineering and international studies.