Sun Life Vietnam contributes over $73,000 to support communities hit by Typhoon Yagi

September 21, 2024 | 10:12

(0) user say

Sun Life Vietnam has donated VND1.8 billion ($73,155) to support residents severely impacted by Typhoon Yagi in northern Vietnam.

Sun Life Vietnam contributes over $73,000 to support communities hit by Typhoon Yagi

The donation will be made to the Vietnam Red Cross Society to support disaster relief efforts, including providing clean water and essential supplies and contributing to the rebuilding efforts in high-impact areas.

Luc Nhon Ly, CEO of Sun Life Vietnam, shared, “The challenges many families are facing after the storm and floods remain significant. Through this support, we want to bring hope and motivation for people to recover and rebuild their lives. Sun Life is committed to standing by our clients and community, working towards building a brighter future for everyone.”

Luong Thi Hong Thuy, board member cum director of external relations and development at Vietnam Red Cross, stated, “We are deeply grateful for the timely support from Sun Life Vietnam. With this donation, we will be able to help about 500 households to help them overcome this difficult period as soon as possible.”

Sun Life Vietnam will coordinate with the Red Cross and its partners to ensure that the assistance reaches the right people quickly and effectively.

At the same time, Sun Life Vietnam has started a support fund for the company's employees and advisors affected by the storm and flooding. Sun Life Vietnam has a wide network of advisors and offices throughout Haiphong, Quang Ninh, Yen Bai, Vinh Phuc, Bac Giang, and Phu Tho, some of which are in areas heavily impacted by storms and floods.

The support will ensure that they have the required resources to overcome the challenges they are facing. Sun Life Vietnam has also promptly carried out the necessary procedures to pay insurance benefits to the family of a customer affected during the recent storm.

Sun Life's charter capital now among the top three largest in Vietnam

Following approval from the Ministry of Finance, Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) announced on March 29 that the company has recently increased its charter capital from VND16.48 trillion ($660 million) to VND17.94 trillion ($718.6 million).

Sun Life Vietnam launches "Finance for yourself" children's campaign

Sun Life Vietnam's "Finance for yourself" campaign aims to create an optimistic future for younger generations by empowering them with financial knowledge.

Sun Life to ensure financial security and healthier lives

Sun Life Vietnam has increased its charter capital from $647.3 million to $704.7 million, which positions Sun Life among the top three insurers in Vietnam with the largest charter capital, and underscores its strong commitment to long-term investment in the Vietnamese market.

By Vy Bui

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional