Vietnam’s mega conglomerate Vingroup broke ground on the main campus of its higher education project, VinUni University, in Hanoi on Wednesday.

Located inside the VinCity Ocean Park urban area, VinUni will feature lecture halls, dormitories, a sports complex, and technical and support areas across its 23-hectare Gia Lam District campus.

The university was designed by well-known international architects and assessed by Vingroup’s strategic partners, including Cornell University and University of Pennsylvania, Vingroup said in a statement.

"VinUni will be built pursuant to the highest international standards for a university,” said Vingroup vice-president Le Mai Lan at the groundbreaking ceremony on Wednesday.

“Students will have opportunities to study with professors and lecturers from leading universities, institutes and medical systems around the world.”

“At VinUni, students will have the chance to experience the most advanced and latest educational technology, facilities, and laboratories,”

“We believe VinUni will create a benchmark for quality higher education in Vietnam, approaching international standards,” she continued.

A model of VinUni’s main plan for construction in Hanoi. Photo: Vingroup

Vingroup, which has interests in real estate, retail, hotels, e-commerce, healthcare, education, agriculture and car manufacturing, first announced its plan to invest in higher education this past March.

VinUni’s mission is to train “elite” human resources who are equipped with the “knowledge, skills, life experience and aspirations” needed to contribute to the prosperity of society and have a positive impact on the world’s knowledge, the conglomerate said in a statement.

Admissions are expected to begin as early as in 2020, Lan said.

Vingroup is Vietnam’s fifth-largest company by market value.

The conglomerate already has investments in the education sector through its VinSchool network, which consists of elementary through high schools throughout the country.

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