Prudential pledges 10 million USD

The UK Prudential Insurance Group has pledged 10 million USD for Vietnam’s community activities in the 2011-2015 period through the Prudence Vietnam Fund, announced CEO of Prudential Vietnam Jack Howell in Hanoi on Jan. 17.
The UK Prudential Insurance Group has pledged 10 millionUSD for Vietnam’s community activities in the 2011-2015 period throughthe Prudence Vietnam Fund, announced CEO of Prudential Vietnam JackHowell in Hanoi on Jan. 17.

Thirty-fivepercent of the sum will be doled out for building and repairing schoolsin poor localities, buying teaching aids and learning kits for teachersand students, granting scholarships to outstanding poor pupils andteaching English, as well as training students in insurance knowledgeand poor women in family finance management.

The money will alsobe used to sponsor sporting activities, medical check-ups andtreatment, eye surgery, and keeping the environment clean and green.

Thefund will use 30 percent of the money to present gifts to disabled andorphan children, Agent Orange victims, poor people and beneficiaryfamilies; build gift houses for families in difficulty and help poorwomen and students.

The Prudence Vietnam Fund was founded in2003 with an initial capital of 2.7 million USD. Over the past eightyears, the fund has sponsored English language teaching programmes,sports training for adolescents and information technologyscholarships./.

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