What is Mr. Ho Xuan Nang planning by acquiring Thanh Tay University?

Mr. Ho Xuan Nang, Chairman of Phenikaa and Vicostone (a member company of Phenikaa, ranked 4th in the world in the production and supply of high-quality large-slab quartz stone) was once known as the 5th richest person on the Vietnamese stock market, thanks to his direct and indirect ownership of more than 64 million VCS shares.

After acquiring Thanh Tay University along with the system of primary, secondary and high schools for an undisclosed amount, Mr. Nang became the Chairman of Thanh Tay University. He quietly restructured and gradually rebuilt this school.

In March 2018, at the first extraordinary General Meeting of Shareholders in 2018, it was approved to increase the charter capital to 600 billion VND and adjust the current charter capital from 562,195,400,000 VND to the actual contribution of shareholders of 73,654,400,000 VND, the par value of shares from 1,000,000 VND/share to 10,000 VND/share; Approved the adjustment plan for the Investment Project to build Thanh Tay University...

The classic acquisition of Vicostone helped Mr. Ho Xuan Nang, from an agricultural researcher and secretary to the Chairman of Vinaconex (formerly the parent company of VCS), become a tycoon owning assets worth tens of thousands of billions of VND on the stock exchange.

The classic acquisition of Vicostone helped Mr. Ho Xuan Nang, from an agricultural researcher and secretary to the Chairman of Vinaconex (formerly a business VCS's mother) became a tycoon owning assets worth tens of thousands of billions of dong on the stock exchange.

At the same time, Thanh Tay University is also a member of the American Education Organization (IAE), along with Vietnam-USA College, ADS Design Academy, and Saigon Polytechnic College.

The school focuses on training in key sectors such as health care, science and technology, economics, and communication technology. The school's new curriculum is built on three foundations: knowledge, skills, and attitudes. 20-30% of the lecturers will be businessmen from enterprises.

Not stopping there, Mr. Nang determined that now is the right time for private investment in universities and research. With the ambition to turn Thanh Tay University into a research university, entering the top 30 universities in Asia within the next 30 years, Mr. Nang established the Phenikaa Research and Technology Institute (PRATI) and Thanh Tay Institute for Advanced Study (TIAS).

PRATI & TIAS will focus on fundamental, urgent and highly practical research areas, including: Basic and applied science; Materials technology (polymer, nano, ceramic); 3D printing technology; Automation, mechatronics; Electronics, organic electronics; Artificial intelligence; Information technology; Medical, biological and pharmaceutical sciences; Agriculture.

Professors and scientists from within and outside the country on the Advisory and Executive Boards of the two Research Institutes PRATI and TIAS

Professors and scientists from within and outside the country on the Advisory and Executive Boards of the two Research Institutes PRATI and TIAS

In which TIAS becomes a core unit for the development of Thanh Tay University. It will conduct research in the fields of basic science, application-oriented basic research and development of source technologies.

TIAS performs its training function at the postgraduate level. TIAS will become a center of in-depth research in many fields of basic science, with position and influence in the national and international scientific community with scientific works published in leading prestigious international scientific journals. The applied technologies in practice bring high economic efficiency and have positive influence, original technologies and high-tech products.

TIAS Institute is also the place to select, nurture and develop human resources to serve the sustainable development orientation of Thanh Tay University, Phenikaa in particular and society in general.

The PRATI Institute will be directly managed by Phenikaa, for applied research, pilot production, technology development and transfer, and other scientific and technical services.

At the same time, it will closely cooperate with domestic and foreign scientific and technological research units in conducting innovative research, developing, applying, transferring and commercializing appropriate technologies.

There are over 50 prestigious and experienced domestic and international scientists working at these two institutes. The Group hopes to attract more domestic and international scientists to work and collaborate in research, in order to create scientific ideas, technological innovations and new products.

Phenikaa's operating model is similar to Samsung's SKKU University, Hyundai's Ulsan University, PRATI and TIAS have signed strategic cooperation agreements with a number of domestic and international partners such as: Vietnam-France University, Walker Group of Germany, Effucell Inc. of Korea...

Source: https://baodautu.vn/mua-lai-dai-hoc-thanh-tay-ong-ho-xuan-nang-toan-tinh-dieu-gi-d86088.html