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VinUniversity Inaugurates Its First Academic Year

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HANOI, VIETNAM – Media OutReach – 17 October 2020On 17 October, 2020, VinUniversity (Vingroup) – the first private, not-for-profit university of excellence in Vietnam – officially opened its first academic year with seven majors in three fields: Business Administration, Engineering and Computer Science, and Health Sciences.  


VinUniversity (VinUni) has celebrated its first convocation ceremony after a rigorous selection process, capping admissions at just 260 students for the first academic year (2020 – 2021). Of these, 230 are full-time undergraduate students, 30 are exchange students in the “Study Away” exchange program cooperated between VinUniversity and international universities (Cornell University – USA, and University of Technology Sydney – Australia).

The students of the inaugural academic year are the most talented of nearly 4,500 applicants, with high school grade point average within the top 2.5 per cent of the country. In particular, the average IELTS English proficiency score of admitted students is 7.15 and the average SAT score is 1,411, which is in the top 5 per cent worldwide. Nearly 20 per cent of students have achieved merits in national and international academic Olympiads, prestigious competitions, and all students have actively participated in extracurricular activities and community projects.

In addition to solid academic performance and outstanding achievements, admitted students demonstrate VinUniversity’s AACC qualities — Outstanding Ability, Aspiration, Creativity, and Commitment. Designed according to the admission approach of top universities in the world, the comprehensive, transparent, and fair selection process includes multiple application rounds, and individual interviews with faculty in the key decision round.

From this rigorous application process, VinUniversity has successfully recruited a cohort with 65 per cent of the students coming from specialised schools, 20 per cent from international/bilingual schools and 15 per cent from other high-quality schools. In terms of regional diversity, 55 per cent of students come from major cities (Hanoi, Ho Chi Minh City, and Da Nang); and 45 per cent come from different provinces nationwide.

In the first year, VinUniversity will provide instruction in three main fields: Business Administration, Engineering and Computer Science, and Health Sciences, beginning with seven majors: Hospitality Management, Business Administration, Electrical Engineering, Mechanical Engineering, Computer Engineering, Doctor of Medicine, and Nursing. Notably, in its first academic year, VinUniversity has enrolled students for graduate medical education to train resident physicians specialising in Internal Medicine, General Surgery and Pediatrics.

With the high quality training conditions offered, VinUniversity has just been awarded a QS 5-star standard certificate by Quacquarelli Symonds (United Kingdom) in three areas: Facilities, Academic Development and Inclusiveness.

In particular, QS highly recognises VinUniversity’s commitment to academic development, including 100 per cent of faculty participating in training in active-learning pedagogy and each student having an academic adviser throughout their study at the university. QS also grants 5 stars to VinUniversity’s facilities including lecture halls, classrooms, stadiums, dormitories, libraries, gyms,  swimming pools and health care facilities.

With special support from Vingroup, VinUniversity has granted generous financial resources to reduce the barriers to education, including merit-based scholarships and financial aid packages to students. Specifically, 100 per cent of VinUniversity students in the first five intakes will receive a 35 per cent subsidy on tuition fees during the designed duration of their entire programs. 85 per cent of students are awarded scholarships and financial aid, including 100 per cent scholarships which cover tuition and some living expenses. QS also highly appreciates VinUniversity’s commitment to creating optimal conditions for talented students, students from disadvantaged backgrounds, and striving for gender balance in all programs.

“VinUniversity has five core factors and strives to be in the top 50 best young universities in the world. First is a comprehensive, multi-dimensional admissions process; second is the selection of talented faculty, working closely with the best universities in the world; third is an advanced curriculum based on international standards; fourth is perfect 5-star quality facilities; last but not least is the financial commitment of long-term support from Vingroup” – Prof. Dr. Rohit Verma, Founding Provost of VinUniversity emphasised.

Speaking at the opening ceremony, Dr. Le Mai Lan, Vingroup’s Vice Chairwoman and President of VinUniversity also shared about the mission of training highly qualified, capable, and aspirational human resources to contribute to the country. Dr. Le Mai Lan affirmed, “Vingroup has donated VinUniversity with a non-refundable sum of VND 6,500 billion (approximately US$280 million). Of this, VND 3,000 billion is devoted to research, training and scholarships for talented students. Our goal is to teach and encourage students who have ambition, qualities, wisdom and bravery, and who are qualified to develop and innovate for the prosperity of society, to support the country and themselves.”


The VinUniversity project was established by Vingroup in March 2018 with a desire to create breakthroughs in the quality of higher education in Vietnam, providing excellence and world-class values. To achieve this ambition, VinUniversity has collaborated closely with leading and prestigious universities throughout the world, in order to achieve the highest standards in research, teaching, employment and international prospects.

Cornell University (founded in 1865), is a private university in the group of 8 Ivy League universities of the United States, which specializes in Business, Technology, Hospitality, Agriculture, Life Science, Computer Science, Law, and Medicine. According to the QS 2020 rankings, Cornell is currently ranked 14th in the world overall. In particular, Hotel Management training programs, Business Administration, and Engineering programs at Cornell have always been at the top in the U.S. As of the end of 2016, 45 professors and students who are alumni of Cornell have received the Nobel Prize. Cornell aims to be a comprehensive research university and a role model of the 21st century.

The University of Pennsylvania (founded in 1740), is a private university in the group of 8 Ivy League universities, which includes a medical school and the oldest teaching hospital system of all medical schools in the U.S. According to QS Rankings 2020, Penn is ranked 15th in the world overall. According to US News, Penn Healthcare System is in the top 10 best hospitals in the U.S. and Penn’s School of Medicine ranks 5th among research universities. Penn is currently implementing the Penn Compact 2020 strategy to become the most comprehensive, innovative and influential university in the United States.

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Trendsetting Nordics Region Dives Deeper into Data Analytics

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Enterprises in the Nordic countries, already ahead of other parts of Europe in the use of data analytics, continue to adopt these technologies as they grapple with the effects of the COVID-19 pandemic and look for insights that will help them grow, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2020 ISG Provider Lens„¢ Analytics “ Solutions and Service Partners report for the Nordics finds many organizations in the region continue to invest in analytics capabilities amid the pandemic. In particular, banking and retail companies are adopting new solutions to meet objectives for customer experience and to assess their product portfolios against customer needs. Manufacturers are looking to analytics to cut costs and improve quality and production time.

True to its position as a forerunner of the digital revolution, the Nordics is forging ahead with new analytics solutions to improve operations and be more competitive under challenging conditions, said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. As home to many top analytics providers, the Nordics is driving innovation in this exciting area of technology.

Providers in the region are engaged with end-user organizations on numerous proofs of concept for new analytics developments, both to showcase their own capabilities and prove their solutions reliably solve problems in the real world, the report says. Several are designed to solve problems affecting society while also creating new markets for data analytics solutions. For some proofs of concept, Nordic providers are also forming partnerships with universities and colleges in the region.

As enterprises tap into a wider variety of data types and begin to apply analytics to complex Internet of Things applications, more service providers are adding artificial intelligence (AI), machine learning (ML) and automation to their solutions, the report says. Automation can improve data management functions like cataloging and data parsing and accelerate outputs. While most current solutions are rules-based, some providers are introducing features with cognitive capabilities based on AI.

Similar capabilities are also emerging in reporting tools, increasing their power to generate insights, according to the report. The trend toward omnichannel marketing and engagement with consumers in many settings is heightening the need for more sophisticated reporting on multiple streams of data, from such platforms as mobile, web and TV. In addition, more organizations are seeking self-service business intelligence reporting tools that offer advanced statistical and processing capabilities that go beyond visualizations.

The 2020 ISG Provider Lens„¢ Analytics “ Solutions and Service Partners report for the Nordics evaluates the capabilities of 58 providers across six quadrants: Data Science Services, Data Engineering Services, Data Infrastructure & Cloud Integration Services, Data Lifecycle Management Services, Self-Service Analytics and BI Platforms As-a-Service, and Analytics Reporting Solutions.

The report names IBM as a leader in all six quadrants. It names Atos and DXC as leaders in four quadrants and Accenture, Capgemini and Infosys as leaders in three quadrants each. Qlik, SAP, Tableau, TIBCO and TietoEVRY are named as leaders in two quadrants, while Cognizant, Deloitte, Microsoft, Oracle, SAS and TCS are named as leaders in one quadrant each.

In addition, HCL and MicroStrategy are named as Rising Starscompanies with a promising portfolio and high future potential by ISGs definitionin two quadrants each. Capgemini and NTT DATA are named a Rising Star in one quadrant each.

The 2020 ISG Provider Lens„¢ Analytics “ Solutions and Service Partners report for the Nordics is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens„¢ Research

The ISG Provider Lens„¢ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the worlds top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countriesa global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industrys most comprehensive marketplace data. For more information, visit www.isg-one.com.

Will Thoretz, ISG

+1 203 517 3119

[email protected]

Jim Baptiste, Matter Communications for ISG

+1 978 518 4527

[email protected]

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Inulin Market Research Report – Global Forecast to 2024 – Cumulative Impact for COVID-19 Recovery – SpendEdge

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The Inulin market will register an incremental spend of about USD 1,002.78 million, growing at a CAGR of 10.17% from 2020-2024. A targeted strategic approach to Inulin market sourcing can unlock several opportunities for buyers. This report offers market impact and new opportunities created due to the COVID-19 pandemic. Get free report sample within minutes

Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Inulin market

Inulin Market Analysis

Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Inulin research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers to devise a cost-effective category management strategy.

The report provides insights on the following information:

  • Regional spend dynamism and factors impacting costs
  • The total cost of ownership and cost-saving opportunities
  • Supply chain margins and pricing models
  • Competitiveness index for suppliers
  • Market favorability index for suppliers
  • Supplier and buyer KPIs

For more information on the exact spend growth rate and yearly category spend, download a free sample.

Spend Growth and Demand Segmentation

  • The Inulin market will register an incremental spend of USD 1,002.78 million, growing at a CAGR of 10.17% from 2020-2024
  • On the supply side, North America, South America, Europe, Middle East and Africa, and APAC will have the maximum influence owing to the supplier base.

To get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment, Subscribe Now for Free.

Some of the top Inulin suppliers enlisted in this report

This Inulin procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

  • BENEO GmbH
  • COSUCRA – Groupe Warcoing
  • Xylem Inc.
  • Jarrow Formulas Inc.
  • TIC Gums Inc.
  • NOW Health Group Inc.
  • Gansu Likang Nutritional Foods Co. Ltd.
  • Parchem Fine & Specialty Chemicals Inc.
  • The Tierra Group
  • Jackson GI Medical Co

This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Inulin requirements following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the workplace computing devices category essentials in terms of SLAs and RFx?

Get access to regular sourcing and procurement insights to our digital procurement platformActivate Free subscription.

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope

Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

To know more Request for demo

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CIFI issues US$419 million senior notes at a coupon rate of 4.375% with a 6.25-year maturity

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  • Hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance
  • Optimize the Group’s financing costs and extend debts duration

HONG KONG SAR – Media OutReach – 6 January 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to announce that CIFI successfully issues senior notes with an aggregate principal amount of US$419 million. The senior notes are at a coupon rate of 4.375% and yield of 4.4% with a 6.25-year maturity period, which hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance.

 

The issue attracts enthusiastic response, with total orders at peak time exceeding US$4.8 billion, which was over 11 times of the total issue size. 82% of total issuance is allocated to Asian investors, while the remaining 18% is allocated to European investors. The final allocation to institutional investors is 72%, which consists of world-renowned and large-scale asset management companies and long-term investors. The subscription results and market response reflect the high recognition of CIFI by the investors in the capital market. The proceeds of the note will be used for re-financing of the Group’s existing indebtedness.

 

Credit Suisse, Haitong International, HSBC, J.P. Morgan and Standard Chartered Bank are the joint global coordinators, while Credit Suisse, Haitong International, HSBC, J.P. Morgan, Standard Chartered Bank, The Bank of East Asia, Limited, BOSC International, China CITIC Bank International and Yue Xiu Securities are the joint bookrunners and joint lead managers of the issuance.

 

Mr. Lin Zhong, Chairman of CIFI, said “We are pleased to see the strong demand for the notes issue. The issue hits the Group’s record for the longest maturity period and the lowest coupon rate of the offshore bond issuance, and it reflects investors’ recognition and support of business prospects of CIFI. The Group will continue to implement prudent financial management and build long-term investment value.”

 

About CIFI (Group):

Headquartered in Shanghai, CIFI is one of China’s top real estate developers. CIFI principally focuses on developing high-quality properties in first-, second- and select third-tier cities in China. CIFI develops various types of properties, including residential buildings, offices and commercial complexes.

 

To learn more about the Company, please visit CIFI’s website at: http://www.cifi.com.cn

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