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The VinFuture Foundation is a not-for-profit foundation in Vietnam.

The Foundation was established with a vision of creating meaningful change in the everyday lives of millions of people by honoring transformational technological innovations. The Foundation was set up with an initial endowment of VND 2,000 billion (approximately US$100 million) from Mr. Phạm Nhật Vượng, the founder and Chairman of Vingroup JSC, a technology, industry, and services company in Vietnam, and his wife Madam Phạm Thu Hương.

Vision - Mission

The vision of the VinFuture Prize is to catalyze meaningful change in people’s everyday lives through tangible and highly scalable improvements

in areas such as productivity, prosperity, connectivity, health, safety, environment, sustainability and people’s overall happiness regardless of their socioeconomic status.

Core Values


Leverage the power of science and technology to serve marginalized communities and provide equal opportunities to individuals, regardless of gender, social status, or nationality.


Global Reach

Focus on technologies with the potential to create large-scale positive impact, reaching billions of people across the world.



Foster technological innovations with the power to improve lives while preserving the environment and natural resources for future generations.



Reward early career researchers’ breakthrough research and technological innovations to help them realize their fullest potential.

Key activities

The core activity of the Foundation is to award the annual VinFuture Prize to proven breakthrough scientific research and technological innovations which have high potential to create meaningful change in people’s lives.

The Foundation manages the prize administration process, ensures independence of the Prize Council to select laureates, and enables secure, long-term financial standing for the prize.

Other activities


Engage in strategic grant-making activities including providing scholarships and grants to researchers and inventors in the fields of Science and Technology to support their efforts in improving and advancing their inventions.



Connect leading experts with young scientists who are passionate about research to create practical science and technology initiatives that bring about positive changes in daily life. Organize academic events, share knowledge, engage on digital media channels, and facilitate meetings and exchanges between scientists to inspire the next generation, attract high-quality nominations and become a hub for intellectual exchanges.



Develop long-term partnerships with prestigious educational institutions, research and innovation centers, and top technology corporations globally, invite nominations, support connections, and promote the transfer of life-enhancing innovations.