Billionaire Pham Nhat Vuong established the VinFuture Global Science and Technology Prize of up to $ 4.5 million



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Billionaire Pham Nhat Vuong sets VinFuture World Science and Technology Prize of up to $ 4.5 million - Photo 1.

The awards council is made up of famous scientists from the world’s leading universities, research organizations, and technology groups.

The VinFuture Fund has just been announced by Vingroup to organize international science and technology awards with the mission of “creating positive change in the daily lives of millions of people on earth by promoting scientific research and technological innovation.”

Then the VinFuture award promised to honor outstanding minds regardless of country, gender, age – author of scientific research, inventions, technological innovation to solve common human challenges. categories such as: improve health and quality of life, eradicate poverty, end hunger, create opportunities for all to enjoy progressive education, clean water, renewable energy, equity, equity and Responsible export and trade, response to change climate …

VinFuture Fund is an independent non-profit organization founded by Pham Nhat Vuong, President of Vingroup and his wife Pham Thu Huong, with an initial commitment of VND 2,000 billion and will be added in the future. to ensure the long-term operation of the fund.

“Making a positive change to improve everyone’s life has always been our goal, both in business and in life. The events of 2020 have shown more than ever, We need to accompany the kind hearts and bright minds who strive to bringing the power of science and technology to play, helping the world overcome difficult challenges and improve the lives of humanity. more beautiful “- Vingroup President Pham Nhat Vuong and his wife Pham Thu Huong shared on the motivation to found the award.

It is known that, side by side in the role of consultant and support of the founders, there is an advisory council made up of leading Vietnamese scientists led by Professor Vu Ha Van, Yale University and Professor Nguyen Thuc Quyen, The University California Santa Barbara is serving as co-chair.

Billionaire Pham Nhat Vuong sets VinFuture world science and technology award of up to $ 4.5 million - Photo 2.

Each year, the VinFuture Award will be awarded with a total value of 104.5 billion VND (equivalent to 4.5 million USD), making it one of the most valuable annual awards in the world.

In particular, the main prize (VinFuture Grand Prize) worth VND 70 billion, equivalent to $ 3 million, is one of the most valuable global science and technology prizes to date.

The main award will be awarded to the author of groundbreaking research, technological inventions that have been shown to improve people’s lives and enhance sustainable living environments for those future generation.

In order to foster diversity, equity of opportunity and moving forward, the VinFuture Foundation also awarded three special awards, each worth 11.5 billion VND per year, equivalent to $ 500,000, including:

A special VinFuture award for authors of research or inventions or inventions from developing countries. This is the most valuable global award for scientists from countries where the conditions for scientific research and the opportunity for scientists to be honored at this level are limited.

VinFuture special award for author of research or invention, female invention. This is the most valuable award in the world exclusively for women scientists.

A special VinFuture Award for a pioneering research or invention author in a new field.

Nominations are recommended by globally influential scientists, inventors, and research, education, technology and prestigious innovation incubators in all countries. – It said information from VinFuture Fund.

The award has an independent panel that will be in charge of selecting the winners from the nominations. The Council is made up of internationally renowned scientists and inventors from the world’s leading universities, research organizations and technology groups.

The VinFuture Awards will begin receiving nominations for the first award season from January to June 2021.

The list of winners for the VinFuture Awards will be announced in December 2021. The official award ceremony will take place in Vietnam in January 2022.

T. HA

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