Week in response to World Savings Day launched in Vietnam hinh anh 1President of the VFF Central Committee Nguyen Thien Nhan at the event (Photo: VNA)

Hanoi (VNA) – The launching ceremony of the week in response to World Savings Day 2016 took place on October 30 in Hanoi.

The week, co-organised by the Vietnam Fatherland Front (VFF) Central Committee, the Vietnam Women’s Union and the State Bank of Vietnam, targets women, children and students, who play a significant role in promoting saving movements.

President of the VFF Central Committee Nguyen Thien Nhan and representatives from national ministries and agencies as well as students and women chapters in the capital attended at the ceremony.

Addressing at the ceremony, Nguyen Thien Nhan stressed corruption as the most wasteful, adding it is imperative to combat corruption and practice thrift.

He requested departments and agencies, including the Vietnam Women’s Union, to continue taking initiatives and promoting thrift practice among people for a bright future of all Vietnamese.

The event helped attendees gain better understanding of the role of saving and saving methods to poverty eradication and national economic development through discussions with guests from governmental organisations.

It also consolidated public trust in the central bank’s financial system.

At the event, the organising board handed savings books to 28 needy female students of the Women Institute and Banking Institute.

The three ogranisors also held a workshop on saving – investment and consumption within the framework of the campaign and published 15,000 saving and financial management guidebooks to women in 63 provinces across the country.

World Savings Day was established in 1924 in Italy to raise public awareness and foster saving activities in society, with financial savings as a driving force of socio-economic development.

This year is the first time Vietnam has implemented activities to support this programme.-VNA