The National Fund for Vietnamese Children (NFVC) has signed an agreement with oil and gas firms from the US, Japan and Thailand to finance a 125,000 USD programme on education development in five southern provinces.

Under the agreement, Chevron Vietnam , a subsidiary of the US Chevron Group, the Mitsui Oil Exploration Co. Ltd of Japan and the PTT Exploration and Production Public Co. Ltd. of Thailand will provide 755 scholarships each worth 1.2 million VND to Vietnamese poor students. The three companies will also help upgrade some schools in the Mekong delta provinces of Ca Mau, Kien Giang, Hau Giang, Bac Lieu and Can Tho city.

Between Aug. 17-19, representatives of the three firms and the NFVC presented 280 scholarships to disadvantaged children in Kien Giang, Ca Mau and Can Tho.

Between 1994 and 2009, the NFVC mobilised funding from domestic and foreign organisations and agencies, providing over 30,000 scholarships worth more than 17.5 billion VND to poor students across the country./.