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HANOI, VIETNAM Media OutReach – 20 December 2020 On Intercontinental Solidarity Day, VinFuture Foundation formally launches The VinFuture Prize, the initially global science and technological innovation prize from Viet Nam, and 1 of the world’s greatest once-a-year prizes in science and technologies. VinFuture Basis is launched by Mr. Phạm Nhật Vượng, the first Vietnamese billionaire – Founder and Chairman of the most significant Vietnamese conglomerate Vingroup Corporation, together with his wife, Mrs. Phạm Thu Hương.

The vision of this endeavor is to “create significant alter in the day-to-day life of millions of folks by endorsing breakthrough scientific study and technological innovations”. With that eyesight in brain, the VinFuture Basis will work to honour remarkable minds whose investigation and technological innovations will improve the high-quality of lifestyle and make certain sustainable residing for foreseeable future generations by addressing the daily issues of people, aligned with a single or far more of the UN Sustainable Growth Objectives (SDGs). Preserving in head its origins in a acquiring state, VinFuture Prize will seek out to make sure that honest and equal alternatives are available to all experts and innovators, particularly those who are producing endeavours under constrained assets.

The VinFuture Prize comprises of a Grand Prize and a few exclusive prizes. The Grand Prize of $3M will be one of the most significant once-a-year world science and technological innovation prizes in value. The Grand Prize would be open to all, irrespective of the candidate’s nationality, age, gender, social status, or financial qualifications. The prize will be awarded to proven breakthrough study and technological innovations that positively increase the high-quality of human life, and produce a far more equitable and sustainable entire world for upcoming generations.

In addition to the Grand Prize, a few specific prizes of US$ 500,000 just about every will also be awarded every year, with a focus on promoting variety, fairness, and new fields of study. These prizes will be earmarked for the subsequent groups:

  • A person VinFuture Exclusive Prize for an remarkable researcher or innovator from a building place institute
  • A single VinFuture Exclusive Prize for an superb girl researcher or innovator.
  • One particular VinFuture Specific Prize for breakthrough study or innovations in an emerging field of science and technology that has sizeable potential prospective to generate optimistic transform for humanity.

Nominations will be solicited from a substantial, various pool of distinguished nominators, which include globally renowned experts and innovators, educational establishments, engineering corporations, and prestigious innovation incubators in all nations around the world.

An independent Prize Council, consisting of distinguished, globally renowned authorities from academia, investigate and sector, will adjudicate the Prize each individual yr. Members of the Prize Council arrive from diverse sciences and professional disciplines, cultures, and viewpoints, including Prof. Gérard Albert Mourou (École Polytechnique, 2018 Nobel Prize winner) Prof. Sir Richard Henry Good friend, FRS (Cavendish Professor of Physics at the College of Cambridge, 2010 Millennium Know-how Prize winner) Prof. Jennifer Tour Chayes (College of California Berkeley, Founders of 3 Microsoft Study Labs) Prof. Michael Eugene Porter (Harvard College, the founder of contemporary aggressive technique) Prof. Leslie Gabriel Valiant, FRS (Harvard College, 2010 A.M.Turing Award winner) Prof. Pascale Cossart (Pasteur Institute of Paris, the foremost authority on Listeria monocytogenes) Prof. Sir Kostya S. Novoselov, FRS (University of Manchester, Tan Chin Tuan Centennial Professor at the Countrywide University of Singapore , 2010 Nobel Prize winner) Prof. Van-Chi Dang (Ludwig Institute for Cancer Investigation Director) Prof. Ha-Van Vu (Percey F. Smith Professor of Mathematics and Data Science at Yale College) Dr. Xuedong Huang (Microsoft CTO)  Dr. Padmanabhan Anandan (Wadhwani Institute for Artificial Intelligence CEO).

The founders have individually dedicated an original amount of US$ 100 million, which would be further increased in the potential to fund the VinFuture Prize’s assets and administration course of action, making sure sustainability of the Foundation’s extensive-phrase functions. VinFuture Basis, an unbiased, non-gain basis, will manage the VinFuture Prize. The Advisory Council, which contains of internationally recognised Vietnamese innovators, scientists, and market leaders, co-chaired by Prof. Vũ Hà Văn, Yale University, and Prof. Nguyễn Thục Quyên, University of California Santa Barbara, will help the Founder in supplying strategic advice to the Basis.

The Prize is the vision and brainchild of Mr. and Mrs. Phạm. “Creating positive adjust and possessing a direct affect on people’s life — this has constantly been my reason — in organization and everyday living. The occasions of 2020 exhibit that now far more than ever, we need to have to provide with each other incredible men and women with very good hearts and fantastic minds, who can attempt towards realising the electricity of science and know-how in conquering our hardest global difficulties, and enhancing people’s life,” claimed Mr. Phạm Nhật Vượng, concerning his motivations driving conceptualising this prize.

Nominations for the initial version of the Prize will be open up from January to June 2021. The names of the selected VinFuture Prize Laureates will be announced on December 2021. The official prize award ceremony will be hosted in Viet Nam in January 2022.