On the morning of February 29, 2024, Vietnam – Korea University of Information and Communication Technology, University of Danang (VKU) held a signing ceremony of a Memorandum of Understanding on cooperation (MoU) with Hanwha Life Insurance Limited Company and ChildFund Korea to support the incubation and nurturing of talents in information technology, communications and financial technology in the Central and Central Highlands, Vietnam.

Overview of the MoU signing ceremony

Attending the signing ceremony, there were Mr. Hwang Jun Hwan – General Director and Chairman, Hanwha Life Insurance Co., Ltd. and Mr. Jeong Su Young- Director of Corporate Social Impact Initiative, ChildFund Korea (CFK). On the VKU side, there were Assoc. Prof. PhD. Huynh Cong Phap – Rector of VKU, Assoc. Prof. PhD. Nguyen Thanh Binh – Chairman of VKU Council, Board of Rectors, and Leaders of Faculties, Departments and Centers.

Assoc. Prof. PhD. Huynh Cong Phap – Rector of VKU delivered a speech to congratulate the cooperation among VKU, Hanwha Life Insurance Limited Company and ChildFund Korea.

Delivering opening remarks at the signing ceremony, Assoc. Prof. PhD. Huynh Cong Phap – VKU’s Rector expressed his joy and excitement at the cooperation among VKU, Hanwha Life and ChildFund Korea. According to him, this is an important step in creating new opportunities for VKU students in particular and students in the Central – Central Highlands region and the whole country in general. With the potential of Hanwha Life, CFK and VKU, he hoped that the 2024 Informatics Olympiad in the Central – Central Highlands would expand its scale, improve its quality, and be worthy of being a national competition with broad influence and at the same time the Fintech industry training program at VKU would be implemented effectively to provide high quality human resources domestically and globally. We are committed to making the most of the resources and opportunities provided by our partners to develop both knowledge and skills for our generations of students more powerfully.

Mr. Hwang Jun Hwan – General Director and Chairman of Hanwha Life Insurance Limited Company gave a congratulatory speech.

As a Representative of Hanwha Life, Mr. Hwang Jun Hwan said they were very excited to cooperate with VKU and CFK to jointly support and develop the future of students. He hoped that this cooperation would bring more opportunities to young people, helping them develop their full potential and become useful people for the community and society.

Mr. Jeong Su Young – Director of Corporate Social Impact Initiative, ChildFund Korea (CFK) spoke.

As a Representative of ChildFund Korea, Mr. Jeong Su Young stated that they were proud and happy to participate in this cooperation program with VKU and Hanwha Life and that educational support and development was one of their top goals. He hoped that through this cooperation, they could contribute to building a bright future for young people and the communities where we were living.

Based on the issues exchanged and discussed, representatives of the three parties signed a cooperation agreement in organizing the Informatics Olympiad in the Central-Central Highlands with related activities and supporting the specialization of the Financial Technology (Fintech) industry including infrastructure.

Representatives of VKU, Hanwha Life Insurance Limited Company and ChildFund Korea signed a memorandum of cooperation.

The cooperation among VKU, Hanwha Life and CFK is not only demonstrated through the signing of documents but is also important in implementing commitments, actions and close interactions to truly bring about meaning and value for VKU students in particular and Vietnamese students in general. VKU hopes that  with fierce trust and determination from the three parties, each step forward in this cooperation will result in great benefits and profound meaning to the community.

Center for Learning Resources and Communication

Vietnam – Korea University of Information and Communication Technology is proud to be the leading public university in training and researching information technology, communications and digital economy in the Central – Central Highlands and the whole country, operating according to an international model. VKU increasingly affirms its prestigious academic reputation when it is ranked among the top universities with high entrance scores in the country and the highest entrance scores in the Central – Central Highlands (over 24 points). Besides, the number of students has increased continuously. VKU now has 6,000 students and is expected to have 10,000 students by 2025. With the position, role and mission of a leading university, VKU pursues the educational philosophy of Humanity – Service – Liberalization. At the one hand, VKU continues to expand enrollment and training in new fields such as financial technology, semiconductor chips, artificial intelligence,… to provide high-quality human resources for domestic and international markets. On the other hand, VKU has deployed many meaningful and humane community service programs to accompany and share difficulties and challenges with the community and society, especially in the poor Central – Central Highlands region together with other major programs to find and nurture talents from pupils and students nationwide. For instance, the Informatics Olympiad in the Central – Central Highlands for middle and high school students was initiated in 2020. Up to now, the competition has affirmed its importance, prestige and influence whereby the number of contestants has continuously increased over the years. Specifically in 2023, there were more than 2,000 candidates from more than 250 high schools across the country participating in this competition. Particularly, the 5^th competition in 2024 is being implemented with the support and companionship from Hanwha Life and CFK, attracting 2,382 excellent candidates from 351 middle and high schools in 47 provinces/cities of Vietnam.

Brief introduction about Hanwha Group, Korea:

Hanwha Group, which has 10 member companies, belongs to the top 7 largest corporations in Korea and has invested in multiple industries in Vietnam. In particular, in the insurance field alone, Hanwha has invested 233 million USD in Hanwha Life Vietnam, equivalent to 4,891 billion VND, bringing Hanwha Life Vietnam into the top life insurance companies with strong financial potential, occupying the top 10 reputable insurance companies in Vietnam. With a customer-centric strategy, Hanwha Life is providing comprehensive insurance solutions to customers. The company is constantly expanding its consulting network with more than 160 customer service points and 37,000 professional financial consultants. Meanwhile, there is a digitalization strategy to improve quality and optimize customer experience. Besides business activities, Hanwha Life Vietnam is also always interested in contributing to social development through community health care programs, educational support, humanitarian sponsorship, and spiritual protection for children,… with a total budget of more than 40 billion VND in recent years.

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