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Research centre for applied mathematics launched

The Research Centre for Applied Mathematics in Economics, Finance and Banking was launched in Hanoi on January 12 by the Vietnam Institute for Advanced Study in Mathematics (VIASM) and the Bank for Investment and Development of Vietnam (BIDV).
The Research Centre for Applied Mathematics in Economics, Finance andBanking was launched in Hanoi on January 12 by the Vietnam Institutefor Advanced Study in Mathematics (VIASM) and the Bank for Investmentand Development of Vietnam (BIDV).

The centre wasdesigned to help the institute pilot mathematical models for sustainablesocio-economic development and to assist in realising targets of thenational key programmes for math, science, and technology developmentstrategies through 2020, said Professor Ngo Bao Chau, Director of theVIASM.

Its operational scale includes studying anddeveloping scientific and technological services to apply mathematics ineconomics, finance, and banking for domestic and internationalindividuals and organisations, he noted.

The VIASMand the BIDV signed a cooperation agreement in building and developingthe applied mathematics research programme across these fields.

Accordingly, the two sides will work together to implement researchprojects, training programmes, and seminars, ultimately aiming to createglobally competitive commercial products.

The BIDV pledged to provide financial support, material facilities, and human resources to serve the centre’s operation.

Similar research centres are located in Ho Chi Minh City and Quy Nhon city of central Binh Dinh province.-VNA
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