Proposal to establish and develop the Vietnam - Korea Research and Innovation Fund to support student startups

On September 17 in Seoul (South Korea), the 2025 Global Conference took place with the theme "Beyond Borders: Enhancing the Global Competitiveness of Korean Universities". Attending the Conference, Ambassador Vu Ho suggested that relevant parties study the possibility of establishing and developing the Vietnam - Korea Research and Innovation Fund, thereby both supporting the learning process and creating a premise for students to start a business.

The event gathered more than 500 delegates from many countries around the world and leaders of higher education institutions in Korea. Vietnamese Ambassador to Korea Vu Ho attended and spoke at the Conference.

Speaking at the conference, Deputy Prime Minister and Minister of Education and Social Affairs Choi Kyo-jin said that the Government aims to be among the top 10 educational destinations in the world . To achieve this goal, the Government will create a favorable environment for international students to pursue both their studies and a stable life in Korea.

Deputy Prime Minister Choi emphasized: The Government considers attracting and supporting skilled workers in advanced fields a national priority, so it will especially focus on attracting outstanding international students in science and engineering.

Vietnamese Ambassador to Korea Vu Ho speaks at the Conference. (Photo: Vietnamese Embassy in Korea)

In his speech, Ambassador Vu Ho said that with more than 70,000 students, Vietnam ranks first among countries with international students studying at Korean educational institutions. Vietnamese students are highly appreciated for their diligence, adaptability and learning ability. Many of them have received scholarships, research achievements and have quite successful innovative start-up projects. This is an important force that bridges friendship and cooperation, demonstrating the increasingly developing partnership between Vietnam and Korea.

Ambassador Vu Ho also pointed out that Vietnamese students studying in Korea face many challenges, such as language barriers and cultural integration, financial pressure, career after graduation... These challenges force many students to give up their studies, affecting their health, future, and even the image of the community.

On that basis, the Ambassador proposed that the two governments, relevant agencies and Korean educational institutions coordinate to develop short-term, medium-term and long-term plans in this area. These include providing orientation, legal advice and specialized Korean language training from the beginning, establishing a rapid response support network from embassies, student associations and universities, expanding scholarship programs and joint Vietnam-Korea education initiatives. In addition, the parties should promote mutual recognition of degrees and professional qualifications, develop a sustainable Vietnam-Korea human resources ecosystem, and link education with strategic sectors.

Ambassador Vu Ho suggested that relevant parties study the possibility of establishing and developing the Vietnam - Korea Research and Innovation Fund, thereby both supporting the learning process and creating a premise for students to start businesses.

He affirmed that Vietnamese students are not only the pride of their families and the nation, but also a strategic asset for regional and global cooperation. He called on all parties to nurture strengths, address weaknesses, and create favorable policies. If successful, Vietnamese students will be leaders of innovation, ambassadors for Vietnam-Korea friendship, and builders of sustainable development.

Source: https://thoidai.com.vn/de-xuat-thanh-lap-phat-trien-quy-nghien-cuu-va-doi-moi-sang-tao-viet-han-ho-tro-sinh-vien-khoi-nghiep-216404.html