Vietnamese-German University disburses $180 million
Date: 10/24/2012 3:52:56 PM
Vietnamese-German University (VGU), the first of four planned new model state universities in Vietnam, recently disbursed a $180 million loan funded by the World Bank.
"The new campus is in construction design process. We will also build up laboratory, scientific centre and import modern scientific devices serving studying and researching of teachers and students,” said Mallon, adding that the campus was expected to be completed by 2017. VGU president Professor Juergen Mallon told VIR at its recent opening ceremony of academic year 2012-2013 that the money was used for building a new campus in Binh Duong province.
The VGU in Ho Chi Minh-City and Binh Duong New City is a young autonomous university providing study programmes in the fields of engineering, technology and business.
It has an international background and cooperates with German partner universities focusing on the fields of research and development, teaching and lifelong learning, university governance, and are heading to become a world-class institution in the South-East Asian market within the next two decades.
Currently, there are 500 students following the study programme at VGU.
Furthermore, VGU is designated to provide capacity building measures for the entire higher education sector in Vietnam.
(Source:VIR)