Download - Prudential Corporate Responsibility report 2011

46 Supporting local communities
Vietnam – in for
the long term
Prudential’s contribution to
Vietnam’s development has
been recognised with a medal
from the country’s government
1m
students competed
in the ‘Prudential
Good Essay, Good
Handwriting’ contest
5
years’ commitment to
the second phase of
Prudential Vietnam
Foundation
‘We need to provide
support to the local
communities.’
Allen Thai MBE
Board member,
Prudence Foundation Vietnam
Prudence Foundation Vietnam
Second phase
• promoting education
• offering wider community
support
• promoting healthy living
Prudential’s
contribution to Vietnam
was recognised in 2011
with the award of a
medal by the President
of Vietnam, the first
time a foreign insurance business
has been recognised with such
an honour.
Prudential Vietnam Assurance was
awarded the third-grade Labour
Medal to acknowledge the company’s
contribution to the development of
Vietnam’s insurance market in the period
2006-2010, a contribution that has
helped to bring the social and economic
benefits created by insurance to
Vietnamese communities.
The award was made at a ceremony
at a Prudential Vietnam agency event in
Hanoi in November attended by 4,000
of Prudential’s Vietnamese agents and
staff, Vietnam’s Vice Minister of Finance,
and the Board members of Prudential plc.
Eight years after making its first
community commitment to Vietnam,
in 2011 Prudential also dedicated itself
to an increased involvement through
the Prudence Foundation Vietnam over
the next five years.
The Foundation’s initial funding
provided the anchor for a wide range
of programmes focused on improving
access to training, encouraging
participation in sport and enhancing
technology training, and the new funding
is set to produce even more impressive
benefits.
Allen Thai, who sits on the Prudence
Foundation Vietnam’s board, says the
second phase of the Foundation will build
on the success of the first. Its activities
for the next five years will be targeted
at promoting education, offering wider
community support and promoting
healthy living, three themes that are
based on a commitment to community
work that has long run deep within the
business.