The project, part of the education cooperation agreement between the Vietnamese and German Governments, has a total investment of over US$200 million, with US$180.4 million of soft loans from the International Development Association (IDA) and US$20.2 million from the Government.
Covering 50.5 hectares, the well-designed facility is expected to host 12,000 students once it becomes operational in the next four years. Speaking at the ground breaking ceremony, Politburo member and President of the Vietnam Fatherland Front Central Committee Nguyen Thien Nhan affirmed that the project aims to realise the Government’s policy to build a number of excellent universities offering high quality training and research programmes meeting international and regional standards. It is tasked to provide high-quality human resources and research science and technology advances for the country’s development as well as modernisation, industrialisation and integration, he said. The university is considered a symbol of friendship and cooperation between Vietnam and Germany, he stated. According to Ha Thuc Vien, Vice Rector of the university, the Vietnam-Germany University is training 1,260 students and post-graduates in 11 faculties in English language. Nearly 400 students have graduated from the university so far. Their degrees are certified by both Vietnam and Germany and recognised in Europe, he said.
