Vietnam New Model University Project

Abstract*

The New Model University Project aims to develop an autonomous research-based university to demonstrate a new policy framework on governance, financing, and quality in Vietnam's higher education system. There are four components to the project, the first component being policy and regulatory framework. Vietnamese-German University (VGU) will benefit from and contribute to changes gradually taking place in higher education policy in Vietnam, most notably... Show More

Development Objective

The project aims to develop an autonomous research-based university to demonstrate a new policy framework on governance, financing, and quality in Vietnam's higher education system.

Key Details

Project Details

Project ID
P110693
Status
Closed
Team Leader
Dung Vo
Borrower 2
Socialist Republic of Vietnam

Country
Viet Nam
Disclosure Date
July 10, 2008
Approval Date
(as of board presentation)
June 24, 2010
Effective Date
December 27, 2010

Total Project Cost 1
US$ 200.62 million
Implementing Agency
Ministry of Education and Training
Region
East Asia and Pacific
Fiscal Year 3
2010

Commitment Amount
US$ 180.40 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
May 31, 2021

Last Stage Reached
BANK APPROVED
Last Update Date
August 15, 2023

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Human Development and Gender

FY17 - Education100%
- FY17 - Access to Education25%
- FY17 - Science and Technology25%
- FY17 - Standards, Curriculum and Textbooks25%
- FY17 - Teachers25%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	180.40
Borrower/Recipient	20.22

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	180.40
IBRD + IDA Commitment	180.40

Lending Instrument
Grant Amount	N/A
Total Project Cost**	200.62

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Oct 27, 2020	IDA-47860	Loan Disb	2,000,000.00
Dec 17, 2020	IDA-47860	Loan Disb	474,445.47
Dec 15, 2020	IDA-47860	Int Charges	6,451.61
Dec 15, 2020	IDA-47860	Int Charges	6,451.61
Dec 15, 2020	IDA-47860	Loan Repay	2,146,185.20
Dec 15, 2020	IDA-47860	Int Charges	408,295.84
Dec 15, 2020	IDA-47860	Int Charges	408,295.84
Jan 25, 2021	IDA-47860	Loan Disb	10,571,365.00
Dec 14, 2020	IDA-47860	Loan Disb	2,000,000.00
May 5, 2021	IDA-47860	Loan Cancel	15,300,000.00
Jun 15, 2021	IDA-47860	Int Charges	59,150.32
Jun 15, 2021	IDA-47860	Int Charges	59,150.32
Jun 15, 2021	IDA-47860	Loan Repay	2,147,961.20
Jun 15, 2021	IDA-47860	Int Charges	540,578.00
Jun 15, 2021	IDA-47860	Int Charges	540,578.00
May 19, 2021	IDA-47860	Loan Disb	1,641,347.00
Oct 12, 2021	IDA-47860	Loan Disb	-2,143,047.00
Oct 27, 2021	IDA-47860	Loan Disb	-11,855.95
Oct 27, 2021	IDA-47860	Loan Cancel	3,140,551.50
Oct 14, 2021	IDA-47860	Loan Disb	-237,937.80
Jun 15, 2022	IDA-47860	Loan Repay	47,845.23
Jun 15, 2022	IDA-47860	Loan Repay	3,484,997.20
Jun 15, 2022	IDA-47860	Int Charges	503,430.03
Jun 15, 2022	IDA-47860	Int Charges	503,430.03
Dec 15, 2021	IDA-47860	Loan Repay	3,786,233.80
Dec 15, 2021	IDA-47860	Int Charges	547,885.70
Dec 15, 2021	IDA-47860	Int Charges	547,885.70
Dec 15, 2021	IDA-47860	Int Charges	20,587.78
Dec 15, 2021	IDA-47860	Int Charges	20,587.78
Dec 15, 2022	IDA-47860	Loan Repay	104,799.66
Mar 12, 2019	IDA-47860	Loan Disb	2,636,445.50
May 3, 2019	IDA-47860	Loan Disb	2,071,495.20
Sep 6, 2019	IDA-47860	Loan Disb	4,892,161.50
May 24, 2019	IDA-47860	Loan Disb	3,084,315.80
Jun 15, 2019	IDA-47860	Int Charges	1,074.11
Jun 15, 2019	IDA-47860	Int Charges	1,074.11
Jun 15, 2019	IDA-47860	Int Charges	171,685.22
Jun 15, 2019	IDA-47860	Int Charges	171,685.22
Sep 16, 2019	IDA-47860	Loan Disb	2,217,449.50
Oct 24, 2019	IDA-47860	Loan Disb	10,738,465.00
Sep 27, 2019	IDA-47860	Loan Disb	1,264,557.00
Dec 10, 2019	IDA-47860	Loan Disb	1,027,043.20
Jul 18, 2019	IDA-47860	Loan Disb	3,139,332.00
Apr 27, 2020	IDA-47860	Loan Disb	1,926,328.20
Dec 15, 2019	IDA-47860	Int Charges	5,068.48
Dec 15, 2019	IDA-47860	Int Charges	5,068.48
Dec 15, 2019	IDA-47860	Int Charges	244,112.88
Dec 15, 2019	IDA-47860	Int Charges	244,112.88
Dec 13, 2019	IDA-47860	Loan Disb	1,500,000.00
Feb 20, 2020	IDA-47860	Loan Disb	10,052,275.00
Jan 15, 2020	IDA-47860	Loan Disb	2,873,485.50
May 29, 2020	IDA-47860	Loan Disb	2,700,028.20
Nov 6, 2020	IDA-47860	Loan Disb	6,347,010.50
Oct 30, 2020	IDA-47860	Loan Disb	3,997,969.00
Sep 23, 2020	IDA-47860	Loan Disb	524,221.90
Jun 15, 2020	IDA-47860	Int Charges	14,018.28
Jun 15, 2020	IDA-47860	Int Charges	14,018.28
Mar 30, 2018	IDA-47860	Loan Disb	592,454.70
Dec 15, 2017	IDA-47860	Int Charges	3,803.40
Dec 15, 2017	IDA-47860	Int Charges	3,803.40
Dec 15, 2017	IDA-47860	Int Charges	93,114.90
Dec 15, 2017	IDA-47860	Int Charges	93,114.90
Dec 28, 2017	IDA-47860	Loan Disb	872,184.50
Mar 30, 2018	IDA-47860	Loan Disb	2,089,351.10
Apr 23, 2018	IDA-47860	Loan Disb	1,337,577.60
Jun 15, 2018	IDA-47860	Int Charges	48.67
Jun 15, 2018	IDA-47860	Int Charges	48.67
Jun 15, 2018	IDA-47860	Int Charges	102,547.76
Jun 15, 2018	IDA-47860	Int Charges	102,547.76
Jul 31, 2018	IDA-47860	Loan Disb	3,202,204.80
Sep 6, 2018	IDA-47860	Loan Disb	1,004,215.06
Sep 27, 2018	IDA-47860	Loan Disb	1,662,296.40
Jan 15, 2019	IDA-47860	Loan Disb	3,013,228.00
Dec 15, 2018	IDA-47860	Int Charges	1,696.63
Dec 15, 2018	IDA-47860	Int Charges	121,909.80
Dec 15, 2018	IDA-47860	Int Charges	121,909.80
Dec 15, 2018	IDA-47860	Int Charges	1,696.63
Dec 5, 2018	IDA-47860	Loan Disb	2,931,937.50
Dec 27, 2018	IDA-47860	Loan Disb	1,451,853.20
Dec 27, 2018	IDA-47860	Loan Disb	2,832,426.80
Apr 23, 2019	IDA-47860	Loan Disb	2,584,508.50
Jun 27, 2019	IDA-47860	Loan Disb	3,375,566.80
Feb 5, 2016	IDA-47860	Loan Disb	649,251.90
Nov 9, 2015	IDA-47860	Loan Disb	570,998.56
Jul 7, 2016	IDA-47860	Loan Disb	1,337,127.60
Jun 15, 2016	IDA-47860	Int Charges	474.48
Jun 15, 2016	IDA-47860	Int Charges	474.48
Jun 15, 2016	IDA-47860	Int Charges	45,891.85
Jun 15, 2016	IDA-47860	Int Charges	45,891.85
Jul 27, 2016	IDA-47860	Loan Disb	591,365.56
Dec 13, 2016	IDA-47860	Loan Disb	1,000,000.00
Dec 15, 2016	IDA-47860	Int Charges	19.48
Dec 15, 2016	IDA-47860	Int Charges	19.48
Dec 15, 2016	IDA-47860	Int Charges	51,781.26
Dec 15, 2016	IDA-47860	Int Charges	51,781.26
Jul 13, 2016	IDA-47860	Loan Disb	418,666.56
Jun 29, 2017	IDA-47860	Loan Disb	3,571,963.00
Apr 18, 2017	IDA-47860	Loan Disb	1,517,081.00
Jun 21, 2017	IDA-47860	Loan Disb	999,998.50
Jun 5, 2017	IDA-47860	Loan Disb	2,000,000.00
Jun 15, 2017	IDA-47860	Int Charges	1,459.98
Jun 15, 2017	IDA-47860	Int Charges	1,459.98
Jun 15, 2017	IDA-47860	Int Charges	56,118.67
Jun 15, 2017	IDA-47860	Int Charges	56,118.67
May 19, 2017	IDA-47860	Loan Disb	870,108.90
Dec 15, 2014	IDA-47860	Int Charges	217.70
Dec 15, 2014	IDA-47860	Int Charges	217.70
Jun 15, 2015	IDA-47860	Int Charges	779.39
Jun 15, 2015	IDA-47860	Int Charges	779.39
Jun 15, 2015	IDA-47860	Int Charges	27,998.76
Jun 15, 2015	IDA-47860	Int Charges	27,998.76
Feb 9, 2015	IDA-47860	Loan Disb	475,358.72
Apr 21, 2015	IDA-47860	Loan Disb	333,724.53
Jul 7, 2015	IDA-47860	Loan Disb	193,125.84
Jun 22, 2015	IDA-47860	Loan Disb	622,733.70
Dec 15, 2015	IDA-47860	Int Charges	1,041.18
Dec 15, 2015	IDA-47860	Int Charges	1,041.18
Dec 15, 2015	IDA-47860	Int Charges	34,036.12
Dec 15, 2015	IDA-47860	Int Charges	34,036.12
Nov 25, 2015	IDA-47860	Loan Disb	1,500,000.00
Oct 13, 2015	IDA-47860	Loan Disb	225,569.56
Jan 4, 2016	IDA-47860	Loan Disb	510,972.75
Nov 4, 2014	IDA-47860	Loan Disb	1,344,232.00
Dec 19, 2014	IDA-47860	Loan Disb	753,935.25
Dec 15, 2013	IDA-47860	Int Charges	374.50
Dec 15, 2013	IDA-47860	Int Charges	374.50
Dec 15, 2013	IDA-47860	Int Charges	12,309.37
Dec 15, 2013	IDA-47860	Int Charges	12,309.37
Sep 20, 2013	IDA-47860	Loan Disb	284,251.44
Oct 29, 2013	IDA-47860	Loan Disb	1,150,000.00
Feb 6, 2014	IDA-47860	Loan Disb	117,524.22
Apr 29, 2014	IDA-47860	Loan Disb	354,809.60
Dec 3, 2013	IDA-47860	Loan Disb	201,916.77
Jun 15, 2014	IDA-47860	Int Charges	1,214.67
Jun 15, 2014	IDA-47860	Int Charges	1,214.67
Jun 15, 2014	IDA-47860	Int Charges	18,453.50
Jun 15, 2014	IDA-47860	Int Charges	18,453.50
Jun 25, 2014	IDA-47860	Loan Disb	554,220.50
Dec 15, 2014	IDA-47860	Int Charges	20,974.61
Dec 15, 2014	IDA-47860	Int Charges	20,974.61
Dec 15, 2022	IDA-47860	Int Charges	325,756.10
Dec 15, 2022	IDA-47860	Int Charges	325,756.10
Dec 15, 2022	IDA-47860	Loan Repay	3,425,363.50
Dec 15, 2023	IDA-47860	Int Charges	374,173.84
Dec 15, 2023	IDA-47860	Loan Repay	62,555.09
Dec 15, 2023	IDA-47860	Loan Repay	3,494,081.50
Jun 15, 2023	IDA-47860	Int Charges	164,524.95
Jun 15, 2023	IDA-47860	Int Charges	164,524.95
Jun 15, 2023	IDA-47860	Loan Repay	3,540,296.20
Jun 15, 2023	IDA-47860	Int Charges	477,940.03
Jun 15, 2023	IDA-47860	Int Charges	477,940.03
Dec 15, 2023	IDA-47860	Int Charges	374,173.84
Jun 15, 2024	IDA-47860	Int Charges	91,033.94
Jun 15, 2024	IDA-47860	Int Charges	91,033.94
Jun 15, 2024	IDA-47860	Loan Repay	3,495,174.80
Jun 15, 2024	IDA-47860	Int Charges	441,809.84
Jun 15, 2024	IDA-47860	Int Charges	441,809.84
Jun 24, 2010	IDA-47860	Loan Commitment	180,400,000.00
Jun 25, 2020	IDA-47860	Loan Disb	10,043,186.00
Jun 15, 2020	IDA-47860	Int Charges	343,777.00
Jun 15, 2020	IDA-47860	Int Charges	343,777.00
Sep 17, 2020	IDA-47860	Loan Disb	8,166,039.00
Sep 22, 2020	IDA-47860	Loan Disb	2,000,000.00
Aug 24, 2020	IDA-47860	Loan Disb	1,345,631.60

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Procurement	Satisfactory	2021-06-01
Financial Management	Satisfactory	2021-06-01
Counterpart Funding	Satisfactory	2021-06-01
Monitoring and Evaluation	Satisfactory	2021-06-01
Overall Implementation Progress (IP)	Moderately Satisfactory	2021-06-01
Progress towards achievement of PDO	Moderately Satisfactory	2021-06-01
Project Management	Satisfactory	2021-06-01
Overall Safeguards Rating	Satisfactory	2021-06-01

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 11-17-2021
Outcomes	Moderately Satisfactory
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW:	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	High	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Updated charter and governance structure ensuring autonomy for VGU	Value	First Charter was Approved by the Prime Minister	Revised Charter to be approved/ issued by Prime Mi	N/a
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

Development of a financial sustainability plan for VGU Value No plan Sustainable financial plan is adopted Sustainable financial plan is adopted
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment
Development of internationally accredited academic programs in VGU Value 11.00 21.00 21.00
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment
Number of ISI publications by VGU Value 18.00 132.00 132.00
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

IR1: Establishment and implementation of VGU governance and administrative framework	Value	Annual updates on governance and administrative fr	VGU 's governance and administrative framework est	VGU 's governance and administrative framework est
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR3: Number of enrolled students (disaggregated by gender) Value 1,209 (302 female students) 2516 (629 female students) 2,516 (629 female students)
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment
IR9: Percentage of campus construction completed Value 0.00 100.00 100.00
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment

IR10: Number of people from MOET and other higher education institutions being consulted on VGU's new policy framework on governance, finance and quality	Value	44.00	204.00	204.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR2: Revenue-to-Expenditure ratio is greater than one Value 0.99 1.11 1.11
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment
IR4: Number of academic staff disaggregated by gender Value 74 (9 female staff) 253 (81 female staff) 253 (81 female staff)
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment
IR5: Number of scholarships provided to female students and students from disadvantaged groups Value 117.00 190.00 190.00
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment

IR6:Percentage of graduate of bachelor degrees acquiring jobs related to their field of study plus percentage of graduate of bachelor degree enrolling on graduate programs after 12 monthsof graduation	Value	74.00	96.00	80.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR7: Percentage of Lecturers with PhD Value 100.00 100.00 100.00
Date January 1, 2016 May 31, 2021 May 31, 2021
Comment

IR8: Number of collaborative research projects with national and international partners launched	Value	2 (0 project with international partners, 2 projec	65 (25 with international partners, 40 with nation	65 (25 with international partners, 40 with nation
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

Development of a financial sustainability plan for VGU	Value	No plan	Sustainable financial plan is adopted	Sustainable financial plan is adopted
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

Development of internationally accredited academic programs in VGU	Value	11.00	21.00	21.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

Number of ISI publications by VGU	Value	18.00	132.00	132.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR3: Number of enrolled students (disaggregated by gender)	Value	1,209 (302 female students)	2516 (629 female students)	2,516 (629 female students)
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR9: Percentage of campus construction completed	Value	0.00	100.00	100.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR2: Revenue-to-Expenditure ratio is greater than one	Value	0.99	1.11	1.11
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR4: Number of academic staff disaggregated by gender	Value	74 (9 female staff)	253 (81 female staff)	253 (81 female staff)
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR5: Number of scholarships provided to female students and students from disadvantaged groups	Value	117.00	190.00	190.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment

IR7: Percentage of Lecturers with PhD	Value	100.00	100.00	100.00
	Date	January 1, 2016	May 31, 2021	May 31, 2021
	Comment