Governments, society should fund universities for qualified students | Education

Co May Student Dorm
The deputy director of the National Development Fund of the University of Vietnam, Associate Professor Nguyen Dinh Tu in Ho Chi Minh City, said that in the past, around 300 billion dong was paid into the fund by many companies and localities to invest in facilities and equipment.

Out of 300 billion VND, around 200 billion VND was used for the construction of universities while hundreds of billions of Vietnamese dong were poured into the construction of student dormitories and the remainder was used for the purchase of universities. ‘devices, laboratories.

Professor Tran Thanh Van and his wife, Professor Le Kim Ngoc, sponsor scientific and educational events in the country. In 1993, the Meeting Vietnam science conference was introduced thanks to the professor’s and his wife’s passion for science and a deep love for Vietnam.
Since then, 15 “Vietnam Encounters” scientific conferences have been held in Vietnam, attracting thousands of world-renowned scientists, including Nobel Laureates, to this Southeast Asian country to attend and exercise teaching profession.

Under the auspices of the Meeting Vietnam program, the couple also created and awarded the Vallet scholarships each year to poor students and those who did well in their studies. So far, more than 30,000 scholarships with nearly 400 billion VND (US $ 17,586,954) have been awarded to more than 30,000 Vietnamese students nationwide. The greatest success of the program is that it has collaborated with French teachers to train more than 1,500 teachers using the “La main à la pate” method.

Five years ago, under the auspices of the late businessman Pham Van Ben, owner of the private company Co May in Mekong Delta Province in Dong Thap, the Co May Student Dormitory was built near of VND 40 billion to provide good housing for poor students to help overcome their accommodation difficulties. About 600 students who received scholarships each year reside for free in the Co May dormitory.

Dr Tran Dinh Ly, vice president of Ho Chi Minh City University of Agriculture and Forestry, said universities and their investors should work with Vietnamese big benefactors to ensure that donations or money will be delivered to students in a transparent manner. On the other hand, to attract funding, it is certain that the objectives of the parties must be assured. In addition, universities must maintain and build their reputation.

In developed countries, public universities, as well as private universities, have received a lot of donations and huge funding, some schools have received tens of billions of dollars for the national interest. However, sponsorship and donation are available at public universities while donors have rarely given money to private universities which are owned and operated as a business, the professor said.

According to the regulations in force, experts said, there are provisions on tax exemption and reduction of subsidies, grants and donations to education, which overlap and are unclear. Therefore, in addition to the effort to improve the quality and reputation of universities, the system of legal documents must also be clear and transparent to facilitate individuals and sponsors of universities.

By Thanh Hung – Translated by Anh Quan

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