The funds will be allocated directly to emergency relief activities such as rebuilding about 2,000 collapsed houses, providing 150-300 million VND in support for families with deceased people, contributing to the reconstruction of infrastructure as well as civil works... helping people quickly stabilize their lives after natural disasters.

With the spirit of “no Vingroup person stands outside the loss and pain of their compatriots”, right after Typhoon Yagi and floods swept through several northern provinces and cities causing heavy damage, Vingroup and companies in the ecosystem immediately arranged 250 billion VND for the Emergency Relief Fund for the victims.

The budget is mobilized from two sources: funds from the Group and its member companies and voluntary contributions from more than 130,000 Vingroup employees across the system.

Depending on the actual situation, the Emergency Relief Fund will be used to rebuild about 2,000 houses for families who lost their homes in the recent storms and floods, and support from 150 to 300 million VND for each family that lost someone due to natural disasters. The remaining amount will be used to support families with injured people or those who suffered severe damage to crops and livestock, as well as to support cleanup and contribute to the reconstruction of key works and infrastructure serving the people.

Immediately after launching, Thien Tam Fund (under the Group) established a rapid response team, directly dispatched to each disaster-stricken locality to coordinate the implementation of support plans for the people. In particular, families whose houses collapsed, were completely damaged or had members who died (especially the family's breadwinner) will be given special priority for support. Not only directly implementing, Thien Tam Fund also cooperated with press units to spread support and resources to the people as soon as possible.

In addition to 250 billion VND in emergency support, Vingroup also called on its employees to spend their days off with Thien Tam Fund to directly participate in support activities for people affected by natural disasters.

In addition to joining the Group, companies in the Vingroup ecosystem also proactively participated in flood relief from the first days of the storm.

As a leading private enterprise in Vietnam, Vingroup is always proactive and pioneering in standing side by side with the community to overcome difficulties and challenges such as responding to the COVID-19 pandemic, providing disaster relief, supporting schooling, providing free medical examination and treatment, and supporting livelihoods for the poor.