The total funding for 6 consecutive years of VinIF for Vietnamese science and technology is more than 900 billion VND. VinIF is a non-profit program of Vingroup Corporation, aiming to change the research environment and contribute to creating a launching pad for Vietnamese science to reach international level.
The announcement ceremony of VinIF's 2024 funding programs was attended by nearly 450 delegates, including representatives of the Ministry of Science and Technology, universities, research institutes, projects and funding candidates, along with prestigious scientists and experts.
In 2024, with the support of the Council of Experts, VinIF Fund selected to fund 7 science and technology projects (S&T); 7 projects and 15 cultural and historical events (VHLS); 200 master's and doctoral scholarships; 60 post-doctoral scholarships; 38 conferences, seminars, and public lectures. Cooperation projects for training masters in data science also continue to be implemented.
To date, the Program has supported more than 3,500 scientists, funded 124 projects, created more than 80 domestic and international inventions, over 600 works published in prestigious international journals and conferences, and 350 products of all kinds. The rate of projects that have commercialized products or transferred technology and established startups is 22% and 34%.
Speaking at the event, Prof. Vu Ha Van (Science Director of VinIF, Vingroup Corporation) shared: “The Fund’s greatest desire is to contribute to changing positive thinking, creating a new culture and style of scientific and research activities in the country. We hope that VinIF will increasingly spread positive influences to create stronger changes.
In particular, the role of scientists themselves is also very important in creating the right awareness of the role of science and scientific research. VinIF Foundation will always accompany the Vietnamese scientific community on the path of changing thinking and fulfilling social responsibility".
Also at the event, Deputy Minister of Science and Technology Bui The Duy acknowledged and highly appreciated VinIF's mission, vision, and pioneering and outstanding contributions to the science and technology community in recent years.
The Deputy Minister emphasized that the Ministry is also in the process of updating and perfecting policies to promote science, technology and innovation activities in Vietnam. In particular, the opening up and promoting contributions from resources from the private sector is of special concern.
From the success of VinIF, the Deputy Minister said that cooperation will be strengthened to increase research resources in the non-public sector, turn enterprises into centers, and connect research and innovation activities.
After 6 years of continuous innovation and creation, VinIF is expected to not only be an effective non-profit financial source with pioneering research and outstanding achievements but also a source of inspiration, creating many positive changes to the culture of scientific research. The Fund has been contributing to attracting Vietnamese intellectuals to the country, creating a positive driving force in the increasingly sustainable development of science in Vietnam.
By the end of 2024, VinIF has funded 748 master's scholarships, 787 doctoral scholarships, and 240 postdoctoral scholarships. These young scientists have created 1,500 publications in prestigious international journals and conferences, 900 publications in domestic journals and conferences, and hundreds of intellectual property products and science and technology awards.
Among the scientists receiving funding from VinIF, many outstanding faces have been recognized at the national and international levels. Specifically, in the 3 years from 2022-2024, 10 out of 30 candidates winning the Golden Globe Science and Technology Award have received and are receiving VinIF scholarships. Dozens of other outstanding candidates have also been honored as outstanding young faces of Vietnam, named in Forbes under 30, the Council of the Global Young Scientists Academy, Top influential scientists in the world, etc.
