The Vietnam Children Sponsor Fund (VCSF) and Bao Viet Life Insurance Corporation (BVL) signed an agreement to grant over 1,000 “Bao Viet – Education Welfare” scholarships worth 900 million VND to disadvantaged children with good study results on August 5 in Hanoi.

In 2010, BVL raised the value of each scholarship to 700,000 VND from 500,000 VND. Since 2005, VCSF and BVL have helped about 6,000 outstanding students nationwide with nearly five billion VND in scholarship.

Starting 1994, VCSF has donated about 2,500 scholarships each worth 500,000 VND per pear.

Speaking at the ceremony, Minister of Labour, War Invalids and Social Affairs Nguyen Thi Kim Ngan expressed belief that VCSF and BVL will continue to help poor children in their study./.