The $180 million-invested Viet Nam-Germany University (VGU), to be located in Binh Duong Province, will be developed between local and German university partners.

The Prime Minister, in his first public statement about the international university, asked officials who are involved in its development to ensure that the highest training and education standards be maintained.

The Government will fully subsidise the university for 10 years, and then subsidise 40% of costs. The university will have to seek other sources of funding after the 10-year period.

The VGU, which is the first of four international-level universities that will be built by the Government, will receive assistance from 40 German universities, following an agreement between the two countries.

The universities are expected to enrol outstanding high school graduates and others who cannot afford to attend university abroad.

Source: Vietnamnet