Partnership for Sustainable Development: University of Social Sciences and Humanities-Fast Retailing Co., Ltd
Fast Retailing Co., Ltd. and the University of Social Sciences and Humanities (USSH, VNU-HCM) have officially concluded a Memorandum of Understanding (MoU) on December 16, 2021. The representatives from the two parties—Mr. Noriaki Koyama, Vice Chairman of the Board of Directors of Fast Retailing Co., Ltd., and Assoc.Prof.Dr. Ngo Thi Phuong Lan, Rector of USSH, VNU-HCM, presided over the signing ceremony.
Based on the development orientation, the MoU identifies the mutual goals: the collaboration intends to promote and facilitate the joint implementation of academic activities, scientific research, human resource development, community service, and other activities based on mutual understanding to cater to the requirements of socioeconomic development; the Memorandum of Understanding acts as a shared legal basis for the parties' collaboration as well as a forum for in-depth discussion of cooperation.
The MoU creates many international career opportunities for students. Photo: Fast Retailing
On that basis, the MoU will be implemented in accordance with three fundamental principles: consensus and goodwill collaboration; proper performance alignment to the parties' functions and duties; demonstration of solidarity, respect, and mutual support adherence to the parties' commitments; and co-creation of a coordination mechanism to promote the potential and advantages of each party, based on their capabilities, conditions, resources, and demands to implement specific responsibilities.
In addition, the MoU identifies areas of cooperation between the two parties, such as: co-organization of international conferences and seminars; participation in jointly organized research activities; introducing Fast Retailing's recruitment activities to university students; Promote, consider opportunities for collaboration in other areas of mutual interest.
Fast Retailing, the parent company of Uniqlo, is currently the global leader in the fast fashion retail sector. This business owns over 2000 stores worldwide with many famous fashion brands such as Uniqlo, J Brand, Theory, etc. The signing of collaboration documents by the two parties opens up numerous opportunities for USSH students to engage in Fast Retailing's recruiting and training programs in Vietnam and around the world, which is also one of the university's primary focuses in increasing the number of successful alumni in international corporations
Nguyen An-Phuong Uyen
Translator: Ngoc Han
