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RMIT University backs Vietnam with new $250m strategic investment fund

RMIT University 2 mins read

Today, in the presence of Australia’s Prime Minister, the Honourable Anthony Albanese MP, RMIT University announced the next phase of its Country Commitment to Vietnam, including a AUD $250 million strategic investment fund.  

This fund will see RMIT invest in education, research, partnerships and campus infrastructure, as Vietnam’s leading international university, contributing to the country’s social and economic goals.    

The first outcome of this fund will be RMIT’s Hanoi Industry and Innovation Hub, creating a gateway between local Vietnam-based partners and international expertise.  

The Hub will support collaboration between Hanoi’s communities, Government and industries on key priorities, including smart and sustainable cities, regional collaboration, emerging technologies, and social innovation.  

In addition to RMIT’s renowned undergraduate and postgraduate offerings, the Hub will cultivate a higher skilled and more adaptive workforce through short-form education solutions and workforce training. 

“As Australia’s largest higher educational institution in-country and recognised as the exemplar of international education in Vietnam, we’re proud of the contribution that RMIT has made to Vietnam over the past 23 years,” said RMIT Vice-Chancellor and President, Professor Alec Cameron.  

“Education has the power to transform lives, communities and economies, so we’re committed to partnering with Vietnam for the long term, to support its rise to a high-income country by 2045.”    

In the 50th year of diplomatic relations between Australia and Vietnam, this significant investment by RMIT will play a key role in supporting the ambitions of the Australia-Vietnam Enhanced Economic Engagement Strategy to double two-way investment between our two countries. 

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RMIT Vietnam key facts: 

  • RMIT Vietnam was established in 2000 
  • First foreign-owned international university to open in Vietnam 
  • Community of more than 12,000 students, 20,000 alumni and 1,000 staff 
  • Campuses in Saigon South and Hanoi and a Foreign Language Training Centre in Danang 
  • Provided 1,600 scholarships worth an estimated 468 billion VND since 2001 
  • Ranked in Vietnam’s 100 best places to work  

Media enquiries: 0439 704 077 or news@rmit.edu.au 


Contact details:

RMIT media enquiries: 0439 704 077 or news@rmit.edu.au 

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