The Vingroup Innovation Foundation (VinIF) continues its commitment in 2024 to support science and technology initiatives in Vietnam, aiming to enhance the research environment and elevate Vietnamese science to international standards. Deputy Minister of Science and Technology, Tran Hong Thai, recognizes the foundation’s role in nurturing research groups, preserving cultural heritage, and fostering product commercialization, thereby boosting Vietnam’s scientific capabilities.
The foundation, established in 2018 by Vingroup, focuses on funding exceptional research in various fields, including science, technology, and education, with a vision to drive sustainable progress in Vietnam. Since its inception, VinIF has allocated 800 billion VND (approximately 32.5 million USD), with 160 billion VND dedicated in 2023 to new projects, scholarships, and cultural events.
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