The Vallet Scholarship Fund was established in 2001 by Professor Odon Vallet from France's Sorbonne University through the Meeting Vietnam organisation.

In 2018, the organisation aims to grant 2,200 Vallet scholarships worth VND25 billion (US$1.1 million) to students with excellent academic performance across the country and those from SOS villages.

On August 23, the Red Cross Society from the central coastal city of Da Nang held a ceremony to present scholarships to 45 needy students for the 2017-2018 academic year.

The programme was funded by a Swedish children’s organisation. Each scholarship is worth VND3 million (US$128).