Founding
After a period of preparation and discussion, Mr. Le Cong Co, Mr. Le Phuoc Thuy and Ms. Nguyen Thi Loc met on August 15, 1992 to form a committee to campaign for the establishment of the “Private University of Central Vietnam.” Mr. Le Cong Co was elected to head the committee.
Their mission included :
• Initiating formal administrative procedures and preparing legal documents, including the University Development Plan, University Operation Regulations and University Personnel Plan, for the establishment of the Council of University Founders.
• Implementing essential tasks, such as setting up the University Representative Office and preparing academic facilities for operation, once the University Establishment License was officially granted.
• Searching for suitable candidates to join the Council of University Founders.
The most difficult issue at that point was to acquire sufficient funding to implement their mission. Mr. Le Cong Co had willingly mortgaged his home to the Commercial Joint-Stock Bank of Danang to finance the campaign and, two years later, would remortgage to acquire enough capital for the initial construction of school facilities.
Read more about this topic: Duy Tan University
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