PVFCCo supports educational development

In its operations, PVFCCo adheres to sustainable development goals, promoting a corporate culture of sharing and the philosophy of integrating business with social responsibility. This ethos has been preserved and nurtured by generations of PVFCCo staff as a treasured asset. Over more than 20 years since its establishment, PVFCCo has consistently been recognised as a leading corporation in social welfare efforts within the Vietnam Oil and Gas Group (Petrovietnam). Every year, regardless of favourable or challenging conditions, PVFCCo continues to implement social welfare programmes nationwide.

Representatives from PVFCCo hand over sponsorship certificates for a classroom and functional building at Quang Tien Secondary School in Quang Binh

To date, PVFCCo has allocated over VND1.2 trillion ($47.3 million) to social welfare initiatives, including the construction of nearly 26,000 homes for disadvantaged families, approximately 300 healthcare and educational facilities, rural bridges, and distribution of hundreds of thousands of emergency aid packages, New Year gifts for the poor, and scholarships for students. Since the beginning of 2024, PVFCCo has sponsored the construction of 204 solidarity homes, organised tribute programmes, and supported healthcare initiatives. This year, the corporation has placed particular emphasis on educational programmes.

In the first nine months of 2024 alone, PVFCCo sponsored 20 educational programmes across the country, valued at over VND26 billion ($1 million). In August and September, PVFCCo inaugurated and handed over several major educational facilities that it sponsored.

The ceremony for a PVFCCo-sponsored project to renovate and repair My Xa Secondary School, with a total investment of VND5 billion ($197,000)

On September 28, PVFCCo collaborated to inaugurate and hand over a classroom and functional building at Quang Tien Secondary School in Quang Binh. This project, with a total investment of VND5.2 billion ($205,000), of which PVFCCo contributed VND5 billion ($197,000), was built on approximately 300 square metres. It includes a two-storey building with six function rooms, designed with modern facilities.

On August 26, PVFCCo inaugurated and handed over a two-story, six-room classroom building for Trung Vuong Kindergarten, in Viet Tri City, Phu Tho Province. The project, with a total investment of over VND 7.4 billion ($292,000), included a VND4.5 billion ($177,000) sponsorship from PVFCCo, as part of a shared initiative of the Petrovietnam. At the end of August 2024, the multi-purpose hall and auxiliary facilities of My Trung Primary School in My Loc District, Nam Dinh Province, a project sponsored by PVFCCo with a total value of VND5 billion ($197,000), were also inaugurated and handed over. This facility was entirely new, covering an area of 458.75 square metres, with functional areas to support physical education.

Modern facilities and teaching equipment at Quang Tien Secondary School provide optimal teaching and learning conditions for teachers and students

For many years, alongside other social welfare activities, PVFCCo has focused on supporting education. Numerous facilities have been built with modern teaching equipment, creating optimal learning environments for teachers and students, especially in underprivileged areas, contributing to the development of local education. Thousands of scholarships have also been awarded to students nationwide, helping them to achieve their dreams, inspiring them to excel academically, and making them valuable members of society and contributors to national development.

Recognising that investing in education and youth is the most sustainable and important investment, PVFCCo is committed to continuing its support of educational initiatives in the years ahead.

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