A Historic Milestone for Economic and Financial Education
On the morning of September 29, 2026, in Hanoi, a proud new chapter officially unfolded for the academic and economic studies movement among Vietnamese students. Through the official signing of a Memorandum of Understanding (MOU) between the Vietnam Mobile-Based Services Joint Stock Company (Vimass), the Phan Anh Social Foundation, and GeniusStar (an education brand of Soon Cheng Pte. Ltd. Singapore), a robust multi-party strategic alliance was established. This coalition aims to build a comprehensive support ecosystem for young Vietnamese talents on the global intellectual stage.
This milestone emphasizes the vital importance of early economic and financial literacy for high school students, creating a solid launching pad for future economists to step confidently onto the world stage.
The Economics Olympiad (EO): A World-Class Academic Arena
Founded in 2016 by the Czech Institute of Economic Education (INEV), the Economics Olympiad (EO) has spent a decade establishing global prestige. Held under the auspices of the International Olympic Academy (IOA) and led by an elite academic board featuring honorary chair Vernon L. Smith (Nobel Laureate in Economics, 2002), EO provides a rigorous academic platform aligned with premier global curricula such as AP, IB, and A-Level.
The crown jewel of this journey is the Economics Olympiad International Final Round (EO IFR), held annually at the International Olympic Academy campus in Ancient Olympia, Greece—the historic birthplace of the ancient Olympic Games. Here, outstanding students selected from participating countries and regions worldwide converge to compete, sharpen their critical thinking, and address complex global macro and microeconomic challenges.
Synergizing Strengths: Vimass, Phan Anh Social Foundation, and GeniusStar (Soon Cheng)
The collaboration spanning from 2026 to 2030 carries profound strategic significance, merging corporate social responsibility, community dedication, and international academic networking:
- Vimass (Represented by Chairman Tran Viet Trung): Acts as a solid financial backer, delivering breakthrough incentive policies to motivate students.
- Phan Anh Social Foundation (Represented by Vice Director Le Minh Tuan): Contributes to spreading humanitarian values, promoting educational movements, and fostering a healthy developmental environment for the younger generation.
- GeniusStar – an education brand of Soon Cheng Pte. Ltd. Singapore (Represented by Director Vicki Wang): Serves as the international knowledge bridge, dedicated to expanding global academic exposure, guiding students through world-class training pathways, and connecting Vietnamese youth with prestigious scholarships and summer camps at top global universities.
A VND 5 Billion Award Fund from Vimass: Fueling National Pride
To realize this long-term commitment and properly recognize the extraordinary efforts of Vietnamese students on the global stage, Vimass – pursuant to Board Resolution No. 0802/2026/NQ-HĐQT – has officially announced a major sponsorship reward fund totaling up to VND 5 billion dedicated to members of the Vietnamese National Team who achieve excellence at the EO International Finals from 2026 to 2030.
The prestigious award tiers (by cash), presented directly at Vimass headquarters, include:
- Gold Medal: VND 200,000,000 / award
- Silver Medal: VND 100,000,000 / award
- Bronze Medal: VND 50,000,000 / award
- Runner-up Prize: VND 25,000,000 / award
This large-scale investment is not only a tremendous material incentive but also a testament to society’s deep appreciation for the intellect, resilience, and national pride that these students carry into the global arena.
GeniusStar (Soon Cheng): Comprehensive Support for Study Abroad and Future Success
The success in connecting Vietnamese students to elite arenas like the Economics Olympiad highlights the capability and credibility of GeniusStar (Soon Cheng). We stand firmly by students at every step of their academic journey. Participating in world-class contests like the EO through our network serves as a golden key for students to enhance their profiles and leave a lasting impression on admissions committees at top global universities.
Shaping the Future: Building a Strong Community of Young Vietnamese Economists
The 2026–2030 strategic partnership signing ceremony is more than an administrative agreement; it is a heartfelt commitment from educational leaders, enterprises, and social organizations toward the nation’s future. By igniting a passion for economics, cultivating sharp financial reasoning, and establishing world-class training environments, the initiative aspires to shape a generation of dynamic young leaders equipped with strategic vision and global competitiveness.
Join GeniusStar (Soon Cheng) as we continue to follow, look forward to, and enthusiastically cheer for generations of talented Vietnamese students on their journey to conquer new paths at the Economics Olympiad (EO) in the years ahead!
