This is an activity that has been held continuously for many years to support poor and studious students to continue their education. Prior to the scholarship awarding ceremony, the organizing committee reviewed and evaluated applications and visited to explore the living standards of the students.

The representatives from Phuc's Fond Foundation said that since its launch, the Phuc's Fond Charity Foundation has given many valuable scholarships to poor students of Hue University in particular and students of Thua Thien Hue province in general. From 2011 up to present, the Foundation has awarded more than 300 scholarships to Hue University students with a total value of more than 1 billion VND.

Speaking at the ceremony, Vice President Truong Quy Tung expressed his deep thanks to the Phuc's Fond Foundation for providing practical assistance to poor students of Hue University as well as of Thua Thien Hue province and urged the 113 scholarship recipients to use the scholarships for the right purpose, to continue to rise in life to deserve the benefactors' help.

Phuc’s Fond Charity was founded by Mr. Nguyen Quang Phuc, who is currently living in Norway. In 1991, the financial fund was established by personal money from Mr. Nguyen, his friends and family members. The initial purpose of the fund was to support poor students with high education achievements as well as helping monks at Duc Son orphanage to raise orphans. In 2011, the charity group Phuc’s Fond was established. The members of the group consist of students who were its previous annual scholarship recipients. The group is responsible for organizing and carrying out charitable activities in Thua Thien Hue City. On March 29, 2013 Phuc’s Fond was officially recognized by the Vietnamese government as a non-profit charitable organization operating throughout Thua Thien Hue City and Central Vietnam provinces. Over the past 23 years, Phuc’s Fond has gradually become a beloved friend, a companion and a trusted organization to the unfortunate people.