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Prizes established by Phạm Nhật Vượng in 2020
Award
VinFuture Prize Awarded for Scientific discoveries and technological innovations Country Vietnam Presented by The VinFuture Foundation Reward(s) The VinFuture Grand Prize with award money of 70 billion VND, approx. 3 million US$, and three special prizes for Women Innovators, Innovators from Developing Countries, and Innovators with Outstanding Achievements in Emerging Fields. with the value of 500,000 US$ each (2021) First award 2021; 4 years ago (2021) Website vinfutureprize.orgThe VinFuture Prize is an international award established in Vietnam in 2020 to recognize achievements in science and technology. It is presented annually by the VinFuture Foundation. According to the Foundation, the prize aims to support research with the potential to address global challenges in areas such as health, sustainability, and technology.
Since 2017, Vietnam has worked to integrate a more comprehensive STEM education and encourage more individuals to pursue careers in the area. With an influx of STEM students in higher education and internationally trained professionals, Vietnam has increased its emphasis on STEM education, leading to a growing number of trained professionals in the field. Vietnam was widely praised for its efforts in combating the COVID-19 pandemic.[1][2]
However, scientific research and development in Vietnam continue to encounter various obstacles, including a lack of funds, support, and infrastructure. Vingroup established the VinFuture Foundation in 2020 to support STEM research and global scientific collaboration.[citation needed]
Phạm Nhật Vượng, the founder of Vingroup, and his wife Phạm Thu Hương established the VinFuture Foundation in 2020. The organization operates as an independent, non-profit entity with the stated mission of recognizing significant innovations in science and technology.
In the same year, they launched the VinFuture Prize, an international award intended to acknowledge contributions in fields such as health, environment, and artificial intelligence. The prize aims to support research addressing global challenges and is open to nominations worldwide.
The Prize Council oversees the evaluation and selection process for the VinFuture Prize, including setting award criteria and choosing Laureates.
The council comprises internationally renowned experts and is chaired by Prof. Sir Richard Henry Friend, Cavendish Professor of Physics at the University of Cambridge. In a 2024 interview, he noted that the fourth season received nearly 1,500 nominations from over 80 countries, reflecting the prize's growing global profile. [3]
Honorary members recognized for strategic advisory roles include:[4]
The Pre-Screening Committee is responsible for reviewing and identifying qualified nominations in accordance with the selection criteria set by the Prize Council, and preparing and presenting supporting documents for the shortlist to the Prize Council.[5]
Nominations are compiled and qualified by the VinFuture Prize Secretariat before the Pre-screening Round, which includes scientists in natural science, health science, agriculture, earth science, environmental science, computer science, and engineering – technology, along with experts in artificial intelligence, renewable energy, biotechnology, new materials, environmental conservation, and other fields.
The nominations are evaluated by the VinFuture Prize Pre-screening Committee, based on three core criteria:
The 17 Sustainable Development Goals of the United Nations, must be adhered to by the candidates.[6][7]
Four scientific discoveries that improve human lives and enhance equitability and sustainability for future generations are selected by the VinFuture Prize Council. A Grand Prize and three special prizes are awarded annually. The prize winners are announced at the VinFuture Prize Award Ceremony.[8] The Grand Prize awards $3 million in funding, and the special prizes award $500,000 in funding each based on the following criteria:[9]
The VinFuture Sci-Tech Week and Award Ceremony are held annually, aiming to foster connections between Vietnam's scientific and technological community, and the global community.[10][11]
The VinFuture Sci-Tech Week brings together scientists, politicians, and entrepreneurs from around the world. Scientists will gather in Vietnam to participate in the four main events of the VinFuture Sci-Tech Week: a conversation with the Prize Council and Pre-screening Committee, a "Science for Life" Symposium, the inaugural VinFuture Award Ceremony, and a Scientific Dialogue with the inaugural VinFuture Prize Laureates.[10]
The VinFuture Award Ceremony[edit]The VinFuture Award Ceremony will be a formal event attended by Vietnamese government leaders, scientists, and recipients of scientific honors such as the Nobel Prize, Millennium Technology Prize, Turing Award, and others. The Award Ceremony will be broadcast live on local as well as global science and technology platforms.[10]
Year Ceremony Date Prize name Laureate Nationality Citation 2021 20 January 2022 Grand Prize Katalin Karikó HungaryThe nominations have received praise from Professor Sir Richard Henry Friend, Chairman of the VinFuture Prize Council and the Cavendish Professor of Physics at the University of Cambridge.[17]
Nobel Laureate Sir Konstantin Novoselov has commented on its "promotion of diversity and inclusion in the global scientific community".[18]
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