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US to provide $5mn for establishment of YSEALI Academy in Vietnam

Sunday, September 06, 2020, 16:21 GMT+7
US to provide $5mn for establishment of YSEALI Academy in Vietnam
A regional workshop organized by the Young Southeast Asian Leaders Initiative (YSEALI) in Vietnam in 2018. Photo: YSEALI

The United States Department of State has announced its intention to provide US$5 million to establish the Young Southeast Asian Leaders Initiative (YSEALI) Academy at Fulbright University Vietnam (FUV) in Ho Chi Minh City.

The announcement was made by Assistant Secretary of State for East Asian and Pacific Affairs David Stilwell at the 'The Future of ASEAN: The Youth Factor' event on Friday.

The YSEALI Academy will deliver capacity-building seminars to entry- to mid-level professionals aged 25-40 from across Southeast Asia around the themes of technology and innovation, public policy, and entrepreneurship. 

Selected fellows will participate in seminars, group projects, and site visits, and have many rich opportunities to expand their professional networks.

The YSEALI Academy builds on previous cooperation between FUV and the U.S. government.

In 2015 and 2017, the U.S. Mission to Vietnam, in partnership with Fulbright Economics Teaching Program, hosted two Fulbright YSEALI Summer School Programs in Ho Chi Minh City where 200 YSEALI members from all over Vietnam deepened their knowledge about issues relating to the ASEAN Economic Community, entrepreneurship, and innovation.

This innovative YSEALI program is poised to start in 2021.

Fellows will receive a certificate and be a part of the YSEALI and Fulbright University Vietnam alumni networks.

“The U.S. Mission to Vietnam, on behalf of the U.S. Department of State, and the entire U.S. government, considers YSEALI to be a signature program, strengthening human capital development across the region,” U.S. Ambassador to Vietnam Daniel Kritenbrink said at the event.

Since the initiative was launched in December 2013, there have been more than 150,000 members in the YSEALI network, including 30,000 members from Vietnam, he continued.

“The U.S. government is proud to contribute to YSEALI and Fulbright University Vietnam to strengthen youth capacity, not only in Vietnam, but also in the ASEAN community.”

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