Hochiminh City, 20 January 2015– Petrovietnam Fertilizer and Chemicals Corporation (PVFCCo – stock code: DPM), the producer and trader of Phu My fertilizer products announced the launch of “A Happy Tet with Phu My” – a program to give Tet gifts to about 10 thousand poor households with the total value of nearly VND 5 billion.
The “A Happy Tet with Phu My” program is simultaneously launched in mid Jan 2015 to 10 February 2015 at nearly 100 communes of 40 provinces nationwide. The recipients are poor families, beneficiary households of preferential treatment policy, war invalids, people with meritorious service to the revolution, and Agent Orange victims. Each gift pieceis worth VND 500,000 – including necessities forTet Festival and cash.
In order to organize this program, PVFCCo closely cooperated with relevant organizations and agencies such as Vietnam Fatherland Front, Red Cross Society, Farmers’ Association, and local authorities. The recipients list is selected and announced by organizations at all levels and local authorities.
Mr. Le Van Quoc Viet – Vice President of PVFCCo – said: “Still bearingthe traditional features of the program implemented for the last 7 consecutive years, thisTet gift donation of PVFCCo is more meaningful and innovative. With its name “A Happy Tet with Phu My” and message “Sharing Tet gifts, Phu My’s care”, and in highest ever quantity and values, the program expresses the sentiment and close relation between PVFCCo and farmers all over the country on the occasion of Tet and NewYear.”
Giving Tet gifts to the poor households has beenan annual social activity implemented by PVFCCo since 2008 (previously called “Tet for the Poor”) in order to jointly support and help the poor enjoy a warmer and comfortable Tet festival. Till now, PVFCCo has set aside over VND 16 billion for the program and more than 32,000 households have receivedTet gifts from PVFCCo.
PVFCCo is a leader in fertilizer and chemicals production and trading in Vietnam, as well as a pioneer in social accountability. Since its foundation up to now, PVFCCo has allocated over VND 700 billion for social security programs in the fields of health care, education, Great Solidarity houses construction, human relief, and gratitude acknowledgement. PVFCCo has repeatedly been included inthe Top 10 Corporate Social Responsibility – Vietnam Gold Star Award in the past years.