On 25 June 2017, in Hanoi Conference 2017: Investment cooperation and Development, with the witness of Prime Minister Nguyen Xuan Phuc, Mr. Hoang Trung Hai - Hanoi Party Secretary, Mr. Nguyen Chi Dzung - Minister of Planning and Investment, Mr. Nguyen Duc Chung - Chairman of Hanoi People's Committee conferred the Memorandum of Understanding on European University of Management in Hanoi Project upon Prof. Dr. Tran Tho Dat - NEU President. It is the cooperative project between CFVG and Solvay Brussels School of Economics and Management (Belgium) worth 50 million USD.
The Memorandum is one of 15 MOU worth more than 130 billion VND between Vietnamese universities and both domestic and foreign investors. Besides the MOU on European University of Management in Hanoi Project, there are several projects relating to advertising culture, Hanoi tourism, support for Hanoi infrastructure construction, high-tech park in South of Hanoi and the like.
Following the signature of the MOU, the parties will process necessary procedures in order to complete application for establishment of European Univeristy of Management, which will contribute to improve training quality in graduate education in Vietnam.