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๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Culture & Society

University of Finance and Marketing establishes branch in Hue

From Tuแป•i Trแบป · () Vietnamese

Translated from Vietnamese and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • The University of Finance and Marketing (UFM) has established a new branch campus in Hue, Vietnam.
  • This expansion marks a strategic move towards a multi-campus model, aiming to broaden educational reach and regional connections after 50 years of development.
  • The Hue branch will begin enrolling students in 2026, offering financial incentives and featuring programs in finance, business administration, accounting, economic law, and international business.

The University of Finance and Marketing (UFM), under the Ministry of Finance, has officially inaugurated a new branch campus in Hue, Vietnam. Located at 284 Pham Van Dong Street, the establishment of this branch signifies a strategic pivot towards a multi-campus development model. This move aims to expand the university's educational footprint and strengthen its regional connectivity, following five decades of operation.

Arrangements will be made to centralise the corporate social responsibility funds of industrial enterprises and mobilise them through a fund designated by the Government of Nepal in priority sectors.

· Government of NepalFrom the government's 100-point governance roadmap, outlining the plan to centralize CSR funds.

Le Tan Can, Deputy Minister of Finance, emphasized the significance of the Hue branch, noting its importance for the university, the finance sector, and the development of high-quality human resources in Vietnam's central region and nationwide. He highlighted Hue's rich cultural heritage and its potential for growth in culture, tourism, services, education, and innovation, underscoring the practical value of UFM's presence in connecting educational resources with local development needs.

Associate Professor Dr. Le Trung Dao, Vice Rector of UFM, described the establishment of the Hue branch as a crucial milestone in UFM's development trajectory. He stated the university's commitment to expanding its educational space, enhancing educational quality, and serving the community across the country. UFM plans to invest comprehensively in faculty, facilities, training programs, and student support systems to ensure the Hue branch meets the university's quality standards.

The money should be allowed to be used for the welfare of the local community where the particular industry or business operates.

· Anjan ShresthaPresident of the Federation of Nepalese Chambers of Commerce and Industry, advocating for local CSR spending.

The Hue branch is set to commence undergraduate enrollment in 2026, offering attractive incentives such as a 15% tuition fee reduction, a first-year dormitory fee waiver, and complimentary university apparel. The branch will offer five programs: Finance-Banking, Business Administration, Accounting, Economic Law, and International Business. It will utilize five flexible admission methods and feature faculty with doctoral degrees, practical-focused curricula, and a flexible learning model connecting Hue and Ho Chi Minh City. The campus will also include dormitory facilities and a multi-purpose sports complex.

The state already has many funds that have not been effectively spent in the past. Another fund should not be created for CSR money.

· Anjan ShresthaPresident of the Federation of Nepalese Chambers of Commerce and Industry, expressing concern about creating new government funds.
About this summary

Originally published by Tuแป•i Trแบป in Vietnamese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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