Property giant to provide university funding for research

March 20, 2021 - 08:59

Hưng Thịnh Corporation has agreed to provide the Việt Nam National University- HCM City (VNUHCM) with VNĐ20 billion (US$864,808) worth of funding for research into big data, AI, blockchain, industrial control technology, new materials, smart solutions, and others.

Hưng Thịnh Corporation signs an agreement with the Việt Nam National University-HCM City on March 17 to provide VNĐ20 billion for cutting-edge research. Photo VNUHCM

HCM CITY — Hưng Thịnh Corporation has agreed to provide the Việt Nam National University- HCM City (VNUHCM) with VNĐ20 billion (US$864,808) worth of funding for research into big data, AI, blockchain, industrial control technology, new materials, smart solutions, and others.

Hưng Thịnh Technology, a subsidiary of the property giant, and the VNUHCM Development Fund will oversee the work.

VNUHCM is the largest higher education establishment in the country with 36 institutions under it.

The HCM City People’s Committee vice chairman, Dương Anh Đức, said the corporation should also co-operate with VNUHCM to build a hospital for its medical students and provide scholarships to its students. — VNS

Tags VNUHCM Hưng Thịnh Corporation research

Việt Nam promotes coconut exports, enhances industry value

Economy

Catalysing Việt Nam's green future: EU's role in Cần Thơ, Trà Vinh's energy transition

Economy

Transition to sustainability an urgent task: policymakers

Economy

Việt Nam needs $14 billion to develop EV charging stations

Economy

Incentive mechanisms needed for semiconductor industry: PM

Economy

Hà Nội honours 36 key industrial products

More on this story

Economy

Long Thành Airport - a magnet for real estate investment in HCM City’s east

The prospect of busy urban areas being created around Long Thành International Airport in southern Đồng Nai Province has attracted investment in the eastern reaches of neighbouring HCM City.

Economy

Việt Nam’s dairy industry reaches out to the world

Despite the COVID-19 pandemic wreaking havoc on all sectors, Việt Nam’s dairy industry has made efforts to win over customers and solidified its foothold in the domestic market while reaching out to global markets.

Economy

Market ends mixed, VN-Index loses points on large-cap stocks

The market benchmark VN-Index finished lower on Friday as blue-chip stocks faced a sell-off after the hitting historic peak of 1,200 points in the previous session.

Economy

Huge volume of shares flock to HoSE despite current overload

Despite chronic overload on the Hồ Chí Minh Stock Exchange recently, a series of stocks are still making their way to the main bourse in March, putting more pressure on the exchange.

Economy

400 business conditions axed last year: MPI deputy minister

Over 400 business conditions have been removed in the recently passed Laws on Investment last year, according to the deputy minister of planning and investment (MPI) Trần Duy Đông.

Economy

IHG to bring more hotel brands to Việt Nam

IHG Hotels & Resorts said it plans to expand by 50 per cent in Việt Nam in the next two years by bringing more hotel and resort brands to the country.

Economy

FDI firms enjoy US$5.5 billion in trade surplus in two months

Foreign direct investment (FDI) firms’ import-export value reached US$68.52 billion in the first two months of 2021, a surge of 31.5 per cent from the same period last year, according to the General Department of Việt Nam Customs.

Economy

Forbes spotlights Vietnamese hospitality sector’s creativity amid pandemic

US business magazine Forbes has recently published an article highlighting the Vietnamese hospitality sector’s creativity to survive the COVID-19 blow.

Economy

Furniture industry enhances links with international buyers

Despite the impacts of the Covid-19 pandemic, the woodworking industry increased exports of wood and forestry products by 16.4 per cent last year to US$13.17 billion, according to the Handicraft and Wood Industry Association of HCM City (HAWA).