(VOVworld) - 156 Vietnamese students and young researchers, who excelled in their studies, were presented Odon Vallet scholarships worth 100,000 USD at an award ceremony in Hanoi on Saturday. The scholarships are part of a larger 1 million USD scholarship program for 2,250 outstanding individuals from selected countries around the world. The scholarships have been awarded biannually for the past 14 years with the aim of encouraging young Vietnamese students to overcome all challenges and achieve scholastic success. Odon Vallet is reported to have inherited a large fortune from his father and he used a portion of it to establish a scholarship fund to support poor students in France, Vietnam and a number of African countries.