The presentation formed part of the NEU’s 60th intake opening ceremony and was witnessed by Prof., Dr. Vuong Dinh Hue, deputy prime minister and Politburo member.

The bank hopes the scholarships will motivate the students to reach further academic success and utilize their knowledge to better serve the country.

On behalf of the university management, Prof., Dr. Tran Tho Dat, president of the NEU, presented flowers to the sponsors to express the university’s appreciation. Mr. Bui Quang Tien, member in charge of the board of directors of BIDV, represented the bank to receive the gesture of gratitude from the university students and faculty.

In 2015 BIDV signed a comprehensive cooperation agreement with the NEU for the period 2015-2019 to foster education, training and technology development as well as the provision of banking services. The agreement offers an opportunity for BIDV to work closely with the university to develop and enhance the bank’s employee training programmes and boost macroeconomic and market research, by incorporating theoretical teaching with hands-on training. At the event, BIDV committed to provide a scholarship package worth VND1.5 billion for five years (2015-2019) to be presented to outstanding NEU students within that time frame. The most recent scholarships awarded by BIDV were part of the total package.

As one of the leading financial institutions in Vietnam dedicated to the socio-economic development of the country, BIDV strives to support the development of education, research and technology in Vietnam. The bank has signed an agreement with the Ministry of Education and Training to facilitate partnerships with 163 colleges, universities, and educational facilities nationwide including the NEU.