RMIT University announced the next stage of its Country Commitment to Vietnam, which includes the establishment of a $250 million strategic investment fund aimed at boosting education, research, partnerships, and campus infrastructure.
The university said in a news release that the first result of this funding will be RMIT’s Hanoi Industry and Innovation Hub, which will serve as a bridge between local Vietnamese partners and international experts.
The hub will facilitate collaboration among Hanoi’s communities, government, and businesses on critical issues such as smart and sustainable cities, regional collaboration, emerging technologies, and social innovation.
In addition to RMIT’s renowned undergraduate and postgraduate initiatives, the hub will also develop a workforce that is better skilled and more adaptable through workforce training and short-form education options.
“As Australia’s largest higher educational institution in-country and recognised as the exemplar of international education in Vietnam, we’re proud of the contribution that RMIT has made to Vietnam over the past 23 years,” said RMIT Vice-Chancellor and President, Professor Alec Cameron.
Professor Cameron pointed out that since education has the capacity to alter people’s lives, communities, and economies, the university is dedicated to working in partnership with Vietnam for the foreseeable future in order to help it become a high-income nation by the year 2045.
In the 50th year of Australia-Vietnam diplomatic relations, RMIT’s substantial funding will play a critical role in supporting the aspirations of the Australia-Vietnam Enhanced Economic Engagement Strategy to double two-way investment between our two countries.
Established in 2000, RMIT Vietnam has a community of more than 12,000 students, 20,000 alumni, and 1,000 staff.
To date, the institution has provided 1,600 scholarships worth an estimated 468 billion VND since 2001
