The 43-year old played under Hodgson in the Switzerland national team between 1993 and 1995 and believes that the Three Lions will certainly improve under his guidance.
England underperformed at this year's World Cup in Brazil but Vega, formerly of Grasshopper, Tottenham and Watford, told talkSPORT's Drivetime suggests that Hodgson is the right man to take English football forward.
"Switzerland are on the football map because of Roy, they are where they are today because of him," Vega said.
"When Hodgson took charge Switzerland didn't really exist in the football world, everyone in the country was just talking about cuckoo clocks, chocolate and banking.
"But now we've got some quality players who are playing abroad, while our youth team won the Under-17 World Cup in 2009.
"The most important part of Roy's time as boss is that he put a proper academy structure in place from the bottom to the top.
"That's why today we've got a lot of youth players coming into the first team.
"I think England should look into that and do something similar and I think Roy is on his way to doing that, but the question is whether he is given the time to do it properly."
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