The Hoban Scholarship Foundation, run by the Republic of Korea (RoK)’s Hoban Construction Company, has agreed to grant 30 million Won (29,310 USD) to the Vietnamese Association in the RoK.

A memorandum of understanding on the grant was signed on May 27 at the Vietnamese Embassy in Seoul , witnessed by Ambassador Pham Huu Chi.

The fund, to be provided for one year from June 1, will be used to assist Vietnamese in the RoK who have married into Korean families by supporting them integrate into their host country’s society and teaching Vietnamese to their children.

The fund, granted to the association for the first time, will also be used to support the activities that boost the Vietnam-RoK friendship.

On the occasion, the foundation also presented five scholarships valued at 2 million Won (1,956 USD) each to five Vietnamese students in the RoK.-VNA