With total investment of VND6.5 trillion (US$279 million) from conglomerate Vingroup, VinUni will be the first Vietnamese private not-for-profit university built following an elite university model to train and develop talents for the future.

VinUni's goal is to train elite human resources, talented people with outstanding qualities and creative thinking with a strong desire to create excellent work and products.

To realise this goal, Vingroup has committed to raise VND6.5 trillion, including VND3.5 trillion for infrastructure investment and VND3 trillion for talent and scholarships over the first 10 years.

In the first phase, VinUni will focus on three institutes: Business Administration, Health Sciences and Engineering and Computer Science. The three majors aim to meet the current and future needs of Viet Nam as well as global trends in eight specific fields: hotel management, business administration, real estate management, electrical engineering, mechanical engineering, computer engineering, medicine and nursing.

VinUni is located in the Vinhomes Ocean Park in Gia Lam District, Ha Noi, with a total area of ​​23 hectares. Basic construction has already been completed, including the main building, dormitories, sports complex, library, labs and simulation buildings.

VinUni has received thousands of applications for its first academic year, which is scheduled to start in September 2020. — VNS