The United States Agency for International Development (USAID) has awarded a US$4.65 million grant to Fulbright University Vietnam (FUV) to help the school reach its goal of international accreditation.
The award signing ceremony, hosted at FUV’s Crescent Plaza campus in Ho Chi Minh City on Monday, was attended by U.S. Ambassador to Vietnam Daniel Kritenbrink, USAID Vietnam mission director Michael Greene, and FUV president Dam Bich Thuy.
This new two-year assistance grant to FUV follows successful USAID funding of $7.2 million from 2017 to 2020.
While previous U.S. government support from USAID and the State Department helped FUV to build its initial foundations, from establishing its institutional governance structure to developing its academic program and providing financial assistance to incoming students, the new grant will support investments that advance the university’s goal of international accreditation.
USAID will also help FUV develop executive education and other programs so the university may begin serving Vietnam’s professional community and labor force.
Additionally, the grant will support FUV’s efforts to develop shared value partnerships with the Southeast Asian country’s technology, manufacturing, and service industry sectors.
“I am proud of all that we have accomplished together, and I am confident that the coming two years of this USAID-FUV partnership are going to deliver long-term impacts to this university and benefits to Vietnam,” Ambassador Kritenbrink was quoted as saying at Monday’s ceremony in a USAID press release.
On behalf of the school, FUV president Thuy said she was grateful to continue receiving support from USAID to develop Fulbright University Vietnam, not only in institutional development but also in gaining international recognition.
“With this grant, FUV will continue to lead the way in building a rich and innovative teaching and learning environment in Vietnam, for Vietnamese students,” Thuy was quoted as stating.