Established in 1960, Foreign Trade University is a non-profit public higher-education institution located in the urban setting of the large metropolis of Hanoi (population range of over 5,000,000 inhabitants), Red River Delta. This institution also has branch campuses in the following locations: Ho Chi Minh City, Quang Ninh. Officially recognized by the Ministry of Education and Training of Vietnam, Foreign Trade University (FTU) is a large coeducational Vietnamese higher education institution. Foreign Trade University (FTU) offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. This 62 years old Vietnamese higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 30-40% making this Vietnamese higher education organization a very selective institution. International applicants are eligible to apply for enrollment. FTU also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, online courses and distance learning opportunities, as well as administrative services.