lotte Foundation โขInvests $45,000 in Future โVietnamese Leaders
Hanoi & Ho Chi Minh City, Vietnam – November โข24, โฃ2024 โฃ- The Lotteโฃ foundation today announced the recipientsโ of its “Shin Kyuk-ho Lotte Global Scholarships 2025,” awarding โ$45,000 (66 million won) โto โค100 outstanding Vietnamese students across ten universities.the scholarships, presented in simultaneous ceremonies in โคHanoi and โHo Chi โMinh City, represent a significant investment in the next generationโข of โvietnamese talent and a continued commitment to educational support in Southeast โคAsia.
This year’s awardsโ build on the Lotte Foundation’s long-term โdedication to fostering global leadership. โThe scholarships โaim to empower promising students to excel in their studies and contribute โto both Vietnam’s development and โคthe broader international community. Each student will receiveโ a $450 (approximately) individual scholarship,providing crucialโ financial assistance โฃfor educational pursuits.
The 100โ scholarship โwinners were selected through a competitiveโ process following recommendations from the Vietnamese Ministry of Education and Training โข(MOET). Since โits inception inโ 2008,the Shinโค Kyuk-ho Lotteโข Global โฃScholarship Foundationโข hasโ provided nearly โ$1.23 million (1.7โฃ billion won) in scholarships to Vietnamese students.
The foundation’s reach extends beyond Vietnam, currentlyโ operating inโค Indonesia, โคCambodia, and the Philippines, having supported almost 7,000 studentsโ wiht over $3.8โข billion won in scholarships overall.
“Lotte Hotel and several โsubsidiaries of theโข group haveโ been established in Vietnamโฃ for โmany years,” stated Jang Hye-seon,โข presidentโข of the Lotte โFoundation.โ “Through these โscholarships, we wish to encourage Vietnamese students not only to become leaders in their country, but to strive for global excellence through rigorous โคand ambitious training.”