DEG Impulse and NovaGroup start project for underprivileged students

September 26, 2022 | 16:19
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NovaGroup and DEG Impulse, a subsidiary of DEG, the German Development Finance Institution, on September 26, announced the project “Teaching English and Informatics for Free for Primary School Students” in Binh Thuan and Dong Thap provinces.
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Bui Phi Hung, CEO of Nova Education shares the significant meaning of this programme to students

The project will reserve free English and informatics lessons for 1,000 students at Tien Thanh 1 and Tien Thanh 2 primary schools (Tien Thanh commune, Binh Thuan province) and Long Khanh A3 Primary School (Hong Ngu commune, Dong Thap province).

In addition, at the beginning of the new school year, NovaGroup presented 1,000 gifts to students, including rice cakes of the Te Te brand, sausages and canned food manufactured by Nova Consumer Corporation.

Through this project, both companies aim to build a quality and integrated learning environment that brings opportunities for students in underprivileged areas, contributing to the economic, cultural, and social development of the locality.

This project is funded with about €400,000 (VND10 billion) equally provided by the two sides, and is being disbursed this and next school year.

The schools selected have limited capacity in English and informatics teaching, and students have not had the opportunity to interact with international programs. In addition to helping the school improve facilities, teaching and learning equipment, the project helps enhance the quality of English and informatics teaching staff. Classes will officially start on October 3.

DEG and NovaGroup start project for underprivileged students
Students are excited to experience a modern computer lab provided by this project

Nova Education will play the role of the training unit, while Nova College will directly implement the teaching.

With experience in building an educational environment and training the young Vietnamese generation in qualifications, skills, and the ability to compete globally, Nova Education is responsible for appraising the teaching and content of English and informatics training, as well as supervising the installation of facilities and equipment.

Nova College supervises the construction, and installation of facilities and equipment to meet the highest quality standards.

The project will provide students with English learning programs in Cambridge YLE standards and informatics in international IC3 Spark test standards. In addition to Vietnamese teachers, classes will have foreign teachers to enhance the quality of interaction and communication.

DEG and NovaGroup start project for underprivileged students
The English classroom is also equipped with a projector, and the lively lectures create excitement for students

The project is expected to change teaching and learning methods in areas with difficulties and a lack of educational facilities in the context of the industrial revolution 4.0.

The free and quality English and informatics courses will give students the opportunity to improve their knowledge, skills and confidence and aid them on their integration journey. It is also an opportunity for local teachers to improve their teaching capacity and approach international teaching methods.

“Teaching English and Informatics for Free for Primary School Students” is a testament to NovaGroup's commitment to supporting education. It is also one of the group's four core focuses to improve quality and create a sustainable educational environment, and encourage the younger generation to study more effectively, contributing to the improvement of teaching and learning in schools.

The cooperation of DEG Impulse and NovaGroup affirms their commitment to join hands in social responsibility in various localities to improve the quality of life in Vietnam.

In addition, the project will also contribute to strengthening the partnership between NovaGroup and DEG Impulse as well as promoting long-term cooperation. It is expected that the “Teaching English and Informatics for Free for Primary School Students” project will continue and be spread to many areas in the future.

For many years, NovaGroup has awarded thousands of scholarships worth tens of billions of dong to encourage excellent students who have overcome difficulties for the National University of Ho Chi Minh City's Development Fund (2019-2022), the Fund for Vietnamese Children and the Learning Promotion Fund in the provinces.

Many startup programmes, supporting scientific research, applications, and technology transfer projects to serve the community have been implemented in a number of localities nationwide.

Many schools have also been built and are well equipped. The Phan Thi Nhe Health and Education Development Fund and more than 1,000 scholarships for the programme "Teacher Nhe Scholarship" have left a lasting positive impression over the past 18 years and brought a far-reaching impact on individuals and local communities.

Many startup programs, scientific research aids and much technology transference to serve the community have also been implemented in many localities.

In the near future, NovaGroup will build and operate the Vietnam Future School system, a free inter-level school system exclusively reserved for students in difficult circumstances. The first school will be built in Phan Thiet city of Binh Thuan province - where the NovaWorld Phan Thiet project is under construction on over 1,000 hectares. Further schools will then be implemented in Ba Ria - Vung Tau, Dong Nai and other provinces.

For 60 years, DEG has been financing and advising private enterprises operating in developing and emerging-market countries. With a portfolio of around 9.2 billion, DEG is one of the world’s largest private-sector development financiers. As an impact and climate investor, it accompanies companies that are addressing transformation and aiming to seize their opportunities. Its customers not only receive financing and advisory solutions tailored to their needs: they can build on DEG's market knowledge, impact and climate expertise and international network. In this way, DEG contributes together to creating more skilled jobs and local income and to improving value creation on the ground in line with the Sustainable Developmetn Goals (SDGs).

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By Bich Ngoc

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