Vietnam fertilizer major PVFCCo carries out meaningful social security programs to celebrate National Day

By Minh Hue
Tue, August 27, 2024 | 3:55 pm GMT+7

Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo) has supported several primary schools with infrastructure and other facilities in recent days to mark the August Revolution (August 19) and National Day (September 2) holidays.

A PVFCCo representative presents VND5 billion ($201,500) to fund construction of a multi-purpose building and auxiliary items at My Trung Primary School in My Loc district, Nam Dinh province, northern Vietnam. Photo courtesy of the company.

A PVFCCo representative presents VND5 billion ($201,500) to fund construction of a multi-purpose building and auxiliary items at My Trung Primary School in My Loc district, Nam Dinh province, northern Vietnam. Photo courtesy of the company.

A company representative said these activities were part of “practical and meaningful” social security activities for the community that the company has undertaken in coordination with local authorities.

It sponsored the facilities under the assignment and general plan of parent firm Petrovietnam, the representative said.

On August 24, 2024, the firm handed over a multi-purpose building and auxiliary items to My Trung Primary School in My Loc district, the northern province of Nam Dinh.

The VND5 billion ($201,500) facility covers 458.75 square meters, with functional areas serving physical education, like a practice floor, stage, gym and dressing rooms. Auxiliary items include the main gate, fences and a 200-square meter concrete yard.

PVFCCo representatives cut the ribbon to inaugurate Trung Vuong Kindergarten classroom building in Phu Tho province, northern Vietnam, August 26, 2024. Photo courtesy of the company.

PVFCCo representatives cut the ribbon to inaugurate Trung Vuong Kindergarten classroom building in Phu Tho province, northern Vietnam, August 26, 2024. Photo courtesy of the company.

On August 26, 2024, PVFCCo inaugurated and handed over a two-storey, six-room classroom building to the Trung Vuong Kindergarten in Viet Tri town, the northern midland province of Phu Tho.

The project has a total investment of more than VND7.4 billion ($298,100), of which VND4.5 billion was donated by PVFCCo. The building comprises five classrooms and one hall with a total area of 450 square meters per floor, each of which is fully equipped with modern equipment to create the best teaching and learning conditions for teachers and students.

PVFCCo representatives present gifts to disadvantaged households in Da Kao ward, District 1, Ho Chi Minh City. Photo courtesy of the company.

PVFCCo representatives present gifts to disadvantaged households in Da Kao ward, District 1, Ho Chi Minh City. Photo courtesy of the company.

In order to help disadvantaged households in Da Kao ward, District 1, Ho Chi Minh City celebrate the National Day, PVFCCo visited and presented 20 gifts worth a total of VND10 million ($400) to local poor and disadvantaged households. Each gift, worth VND500,000 ($20), including necessities like rice, fish sauce and cooking oil, and VND300,000 in cash.

More than 20 years since its establishment, PVFCCo has strengthened its position as a leading firm in implementing social security works.

So far it has carried out social security programs and activities worth more than VND1.2 trillion ($48.34 million) across the country.

It has built nearly 26,000 charity houses, nearly 300 educational and medical works and rural bridges, and presented hundreds of thousands of gifts to victims hit by natural disasters. It has regularly given Tet (Lunar New Year holiday) gifts to poor people and granted scholarships for students.

The company carries out all its social security boosting activities with a sense of responsibility and the spirit of sharing with the larger community, the representative said.

Comments (0)
  • Read More
Thai PM highlights importance of regional economic integration

Thai PM highlights importance of regional economic integration

Thailand’s Prime Minister Paetongtarn Shinawatra has underscored the shared priorities of deeper regional economic integration, strengthening supply chains and contributing to global economic development.

Southeast Asia - Wed, February 19, 2025 | 9:15 am GMT+7

Japan retailer Aeon starts building 9.1 hectare mall in northern Vietnam

Japan retailer Aeon starts building 9.1 hectare mall in northern Vietnam

Aeon Mall Vietnam, under Japanese retail giant Aeon Mall, on Monday kicked off the construction of Aeon Mall Ha Long in Ha Long town, Quang Ninh province, the firm said in a statement.

Companies - Wed, February 19, 2025 | 9:09 am GMT+7

Vietjet, Satair sign multi-year agreement for integrated material services

Vietjet, Satair sign multi-year agreement for integrated material services

Vietjet Air and Satair, an Airbus services company, on Tuesday signed a multi-year agreement for the latter's Integrated Material Services (IMS), a comprehensive material solution that will support the former's entire Airbus A320 and A330 fleet.

Companies - Wed, February 19, 2025 | 8:13 am GMT+7

Indonesia promotes Marine Biopharma in healthcare

Indonesia promotes Marine Biopharma in healthcare

Indonesia is actively promoting the use of marine biopharmaceuticals in the healthcare, cosmetics, and nutraceutical industries to harness the vast potential of its marine and fisheries resources.

Southeast Asia - Tue, February 18, 2025 | 10:05 pm GMT+7

Thailand leads dried fruit exports to China

Thailand leads dried fruit exports to China

Thailand led global exports of dried fruits to China in the first 10 months of 2024, with sales rising 10.22% from the same period last year to $125.64 million, according to the Thai Department of International Trade Promotion (DITP).

Southeast Asia - Tue, February 18, 2025 | 10:02 pm GMT+7

Vietnam parliament okays appointment of 4 ministers

Vietnam parliament okays appointment of 4 ministers

The Vietnamese parliament on Tuesday okayed the appointment of four ministers, per Prime Minister Pham Minh Chinh's proposal.

Politics - Tue, February 18, 2025 | 9:38 pm GMT+7

Vietnam has 2 new Deputy Prime Ministers

Vietnam has 2 new Deputy Prime Ministers

The National Assembly, Vietnam's highest legislative body, on Tuesday approved Prime Minister Pham Minh Chinh's proposal to appoint Nguyen Chi Dung and Mai Van Chinh as Deputy Prime Ministers for the term 2021-2026.

Politics - Tue, February 18, 2025 | 6:07 pm GMT+7

Foreign investors hold over $12.6 bln worth of Vietnamese securities

Foreign investors hold over $12.6 bln worth of Vietnamese securities

Foreign investors held over VND323.53 trillion ($12.65 billion) worth of securities at the end of 2024, accounting for 7.35% of the total registered securities value at the Vietnam Securities Depository and Clearing Corporation (VSDC), according to its general director Ta Thanh Binh.

Finance - Tue, February 18, 2025 | 4:33 pm GMT+7

Vietnam’s southernmost province eyes exporting electricity to Singapore

Vietnam’s southernmost province eyes exporting electricity to Singapore

Vietnam’s southernmost province of Ca Mau aims to build a grid to export electricity to Singapore, provincial authorities suggested at a Monday meeting with Singaporean Ambassador to Vietnam Jaya Ratnam.

Energy - Tue, February 18, 2025 | 3:21 pm GMT+7

Vietnam's leading IP developer KBC eyes 7-fold profit hike in 2025

Vietnam's leading IP developer KBC eyes 7-fold profit hike in 2025

Kinh Bac City Development Holding Corporation (HoSE: KBC), a leading industrial real estate developer in Vietnam, targets a consolidated net profit of VND3.2 trillion ($125.5 million) this year, a sevenfold increase from 2024.

Companies - Tue, February 18, 2025 | 3:04 pm GMT+7

Chinese semiconductor firm proposes independent power transmission line in northern Vietnam

Chinese semiconductor firm proposes independent power transmission line in northern Vietnam

Micro Commercial Components Vietnam (M.C.C) has proposed the construction of an independent power transmission line in the northern province of Bac Ninh to ensure a stable power supply during a meeting with local leaders on Monday.

Industries - Tue, February 18, 2025 | 1:20 pm GMT+7

81% of American businesses concern about potential US tariffs on Vietnam: survey

81% of American businesses concern about potential US tariffs on Vietnam: survey

As many as 81% of American firms in Vietnam are concerned about potential tariff imposed by the Trump administrative on Vietnamese goods, according to the American Chamber of Commerce in Ho Chi Minh City (AmCham).

Economy - Tue, February 18, 2025 | 12:04 pm GMT+7

Japan's leading transport firm eyes forming driver training center, AI lab in Vietnam

Japan's leading transport firm eyes forming driver training center, AI lab in Vietnam

Yamato Holdings, which holds approximately 46% of Japan’s home delivery market, intends to set up a professional driver training center in Vietnam to supply human resources to Japan, said its president Nagao Yutaka.

Industries - Tue, February 18, 2025 | 11:37 am GMT+7

Vietnam plans to stop 2 coal-fired power plants by 2030, all inefficient ones by 2040

Vietnam plans to stop 2 coal-fired power plants by 2030, all inefficient ones by 2040

Vietnam aims to stop two coal-fired power plants by 2030 and then all inefficient ones that cannot be improved by 2040, according to a decision signed by Prime Minister Pham Minh Chinh on Monday.

Energy - Tue, February 18, 2025 | 11:15 am GMT+7

Vietnam's property market strongly performs in 2024 on solid fundamentals: Knight Frank

Vietnam's property market strongly performs in 2024 on solid fundamentals: Knight Frank

Vietnam's real estate market made a strong performance in 2024 across the office, ready-built factories/warehouses, and apartment segments thanks to solid fundamentals, write Knight Frank analysts.

Real Estate - Tue, February 18, 2025 | 8:00 am GMT+7

Thailand, Australia boost ties in transport, logistics

Thailand, Australia boost ties in transport, logistics

Thailand and Australia are seeking to strengthen cooperation in transport infrastructure and carbon emission reduction in the logistics sector.

Southeast Asia - Mon, February 17, 2025 | 8:20 pm GMT+7