ADB commits $1 million to university project in Vietnam

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ADB commits $1 million to university project in Vietnam
Asian Development Bank (ADB) has committed US$1 million to studying the feasibility of a Japanese-steered project aiming to build two research universities in Vietnam.

The Japan Special Fund (JSF) will provide technical assistance for the study, which is estimated to cost around $1.2 million, including $200,000 funded by the Vietnamese government.

Scheduled for launch in October, the eight-month study aims to design a regulatory framework for the two model research universities to be built in Hanoi and Da Nang next year with an ADB loan.

“The project will consider measures such as affirmative admission criteria, the level of student tuition fees, and student financial assistance schemes that favor students from poor households,” said Yasushi Hirosato, a senior education specialist at ADB’s Southeast Asia Department.

The JSF will conduct the project in collaboration with Vietnamese partners, including the Ministry of Education and Training, and the World Bank, which will also support two model research universities in Ho Chi Minh City and Can Tho in the Mekong Delta.

The new model research universities are expected to become core scientific centers, Yasushi said.

They would also play a critical role in research and teaching, helping enhance the country’s research and development capacity, he said.

ADB helped establish the Royal Melbourne Institute of Technology in HCMC in 2001.

The Philippines-based international development finance institution also supports teacher training universities and colleges for secondary school teachers and vocational trainers in Vietnam.

The JSF was established in 1988 to provide financial support for ADB’s technical assistance programs.

The Japanese government has appointed ADB as the fund’s administrator.

Reported by Thanh Nguyen

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