Hsinchu, Taiwan– October 17, 2016 –CoreTech System (Moldex3D), the global leading provider of plastic injection molding simulation solutions, today announced the donation of the latest release of Moldex3D R14 software, valued at $3 million USD, to two of the most reputable universities in Vietnam, Ho Chi Minh City University of Technology and Education (HCMUTE) and Ho Chi Minh City University of Technology (HCMUT).

HCMUTE and HCMUT are top-ranking schools in Vietnam and both share an important role in educating the next generation of plastic engineers and product designers for the country. With this donation, students and faculty members at these two schools will have unprecedented access to the world’s leading CAE software to assist their study and research in the plastic engineering field.

In addition to the software donation, Moldex3D will provide hands-on software trainings and help develop viable CAE curriculum that best suited for the schools. Moldex3D software certification program will also be available on campus in both schools.

Prof. Nguyen Truong Thinh, Dean of Faculty of Mechanical Engineering at HCMUTE said the software donation is critical to the school. “Moldex3D is a true solution provider for plastic injection molding industry. This gift will not only enable us to add an essential yet practical segment to our curriculum but also will give our students the same access to the state-of-the-art software that is being utilized by many professionals working in the plastic design and molding industry.”

“We are truly thankful for this generous gift donated by Moldex3D. It is our school’s core mission to provide relevant education to our students and make sure all our graduates are equipped with skillful knowledge and training to be more competitive in the future job market. With the addition of CAE simulation abilities – thanks to Moldex3D’s donation, we are further preparing our graduates to be ready for the global trend of simulation-driven design concept,” said Prof. Mai Thanh Phong, Vice Rector for R&D and External Affairs of HCMUT.

According to Mr. Allen Peng, Managing Director – Asia Pacific of CoreTech System (Moldex3D), “We are very pleased with this opportunity to partner with two of the most prestigious universities in Vietnam. These significant partnerships reinforce our commitment to assisting the academic world in nurturing new blood for the industry and inspire more innovations by offering our state-of-the-art simulation technologies and resources.”

Both schools, HCMUTE and HCMUT have been planning to build a long-term relationship with Moldex3D. Currently, Moldex3D and the schools are in extensive discussions to develop more in-depth collaborations and are proactively moving the partnerships forward.