The school planned to spend over VND600 million (US$ 25,894) on buying an accident insurance worth VND40,000 (US$1.72) for fresh men within 15 months from the date of issue and VND30,000 for sophomore, third-year and four –year students within 12 months.
A school representative said that accident insurance is non-mandatory; however, technology students regularly use and touch chemicals, electricity and machinery while working in workshops and labs; the school came up with the idea to buy accident insurance to protect students from accident.
Moreover, some companies only admit trainees who have accident insurance.