Why are enterprises not “interested” in investing in universities?

Mr. Chu Duc Trinh, Vice President of the Vietnam National University and Hanoi University of Industry.

About this issue, Customs News’s reporters made an interview with Mr. Chu Duc Trinh (Photo), Vice President of the Vietnam National University and Hanoi University of Industry.

Sir, how do universities change their training methods to meet the requirements of the Fourth Industrial Revolution?

The Fourth Industrial Revolution is an age of automation, in which people hold the position of analyzing data instead of the main labor force as before. Along with that are the virtual reality programs, laboratories, and virtual researches that are what Vietnamese universities need.

Students have to modify themselves into the main factor in training, which is the flexibility of the learner so that the instructor can optimize their potential. It is a change that also requires a training program to be rich and open, updated continuously, with increased inter-branch cooperation, and the practices associated with business.

The company supports students to practice the right knowledge, but at this time, the school only holds the position as an intermediary bridge. If the universities themselves make that model, then we will create a golden generation. This means that students can be employed as soon as they graduate without the need to integrate or be trained after the recruitment.

Many schools in the world have attracted investment resources from enterprises to improve the quality of training. Why is it in Vietnam many businesses are not “interested” in the investment in universities, sir?

In fact, many universities in Vietnam do not receive the investment from enterprises, but some large universities such as Hanoi University of Technology, and University of Industry have received investment from many enterprises. At these schools, companies go to school to study the program with students and invest directly in training.

In my opinion, if the quality of training of the school meets the requirements of enterprises, they will invest in the school. To do this, schools have to change themselves, invest more in scientific research, curriculum and the important thing is to attract good students into the school. If students are not good at school, there will be no attraction for businesses. Businesses invest in the school because they want to develop their business, and they also want to receive a good future workforce with professional qualifications.

In cooperation with enterprises, the school also received the support of enterprises through financial support, training programs and cooperation to support teachers to link research with the requirements of enterprises. At the same time, students will get jobs immediately after graduation, and eventually there will be some students who get jobs in enterprises during their third year in university.

Thank you Sir!