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.

Thirty-five percent of the sum will be doled out for building and repairing schools in poor localities, buying teaching aids and learning kits for teachers and students, granting scholarships to outstanding poor pupils and teaching English, as well as training students in insurance knowledge and poor women in family finance management.

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

The fund will use 30 percent of the money to present gifts to disabled and orphan children, Agent Orange victims, poor people and beneficiary families; build gift houses for families in difficulty and help poor women and students.

The Prudence Vietnam Fund was founded in 2003 with an initial capital of 2.7 million USD. Over the past eight years, the fund has sponsored English language teaching programmes, sports training for adolescents and information technology scholarships./.