Vietnam is to invest some US$150 million to create a state-of-the-art university of technology in Hanoi. Russia is to be the academic sponsor, the Ministry of Education and Training announced. This is the latest in a series of partnerships forged with foreign governments and aimed at creating world-class universities.

The project will have two steps. In the first phase, from now until 2016, a Russian training institute will be established as a unit of the 47-year-old Le Quy Don Technical University. From 2016, the institution’s name will be changed to the Vietnamese Russian University of Technology.

The other world-class universities up and running include the Vietnamese German University and the University of Science and Technology in Hanoi.

Reports University World News