In order to achieve its vision and mission, Luong Van Can Fund focuses on awarding of Scholarships:

- Postgraduate scholarships: awarded to outstanding individuals for the pursuit of studies at universities in Australia and other countries around the world
- Scholarships for Vietnamese Universities: aimed at supporting candidates with underprivileged backgrounds who wish to continue their studies at the university level in Vietnam
Depending on each case, Luong Van Can Fund will evaluate each student to determine the level of scholarship eligibility and award different packages, including partial and/or full tuition and/or living expense coverage for the duration of study. Additionally, Luong Van Can Fund will partner with domestic and international universities to award full and partial scholarships to students in order to attend these selected institutions. Scholarship awards will be evaluated on an annual basis to ensure fairness and transparency.

Apart from being financially assisted, the scholars will also participate in many training programs. Through these training activities, students are expected to foster their Knowledge, Skills and Mindset: Mentorship, Foreign Language Classes, Skill-based Training, Company Tours and Team Building