Vingroup partners with SMU to nurture technology talents with S$10 million gift

Vingroup, the largest private corporation in Vietnam, has pledged a term contribution of SG$10 million to Singapore Management University (SMU) to establish the Vingroup Young Talent Scholarship to nurture technology talents.

Vice Chairwoman of Vingroup, Madam Le Mai Lan, and SMU President, Professor Lily Kong, signed a Memorandum of Intent (MOI) at SMU today. Also present at the event were HE Tao Thi Thanh Huong, Vietnam’s Ambassador to Singapore, as well as senior management and staff from SMU. The sealing of this partnership came after both parties signed a Memorandum of Understanding in Hanoi last October to collaborate on research and development, capacity building, as well as executive and professional development programmes.

SMU President, Professor Lily Kong, said, “SMU is pleased and grateful to sign a Memorandum of Intent to receive this gift to establish the Vingroup Young Talent Scholarship at SMU. The gift is especially significant to the University as it is the first time that our School of Information Systems’ postgraduate programmes have received a gift of such a substantial amount. This gift is a strong testament of the confidence Vingroup has in our programmes. It is also the first time that a scholarship programme has been made available solely to postgraduate Vietnamese students studying in SMU.”

Madam Le Mai Lan, Vingroup’s Vice-Chairwoman, said, “We are delighted to collaborate on a larger extent with one of the esteemed universities like SMU. This partnership will go a long way towards our common vision of uplifting education and research to tackle the challenges faced by society in the Asian century. The outstanding point of SMU is that the University not only provides students with science and technology knowledge but also equips them with system thinking and problem solving skills from the perspective of a leader, a manager. We are confident that this Scholarship Programme will train talented technology specialists who are experts in their field and have strong passion for management and entrepreneurship, coming back to contribute to the development of the knowledge economy of the country.”