In the spirit of mutual love, Vingroup Corporation announced to donate 250 billion VND to people affected by Typhoon Yagi and flash floods, spreading the meaning of community responsibility. The funds will be allocated directly to emergency relief activities such as rebuilding about 2,000 collapsed houses, supporting 150 - 300 million VND for families with deceased people.
The remaining amount will be used to support families with injured people or those with severe damage to crops and livestock, as well as to assist in cleanup and contribute to the reconstruction of key infrastructure and works serving the people.
To share the difficulties with the people, VNPT has deployed support of 100 minutes of domestic calls and 15Gb of Data for VinaPhone customers in areas directly affected by flash floods and landslides in 10 northern provinces including: Bac Can, Cao Bang, Lang Son, Phu Tho, Thai Nguyen, Tuyen Quang, Vinh Phuc, Yen Bai, Lao Cai, Bac Giang.
During the storm, in the provinces and cities directly affected, VinaPhone arranged to deploy battery charging points at stores to serve people until 10pm every day.
Regarding credit, in order to promptly support customers to overcome difficulties and restore production and business, the State Bank requires credit institutions to direct branches and transaction offices to proactively review and summarize the losses of customers who are borrowing capital to promptly apply support measures and remove difficulties for customers such as restructuring debt repayment terms; considering reducing interest rates, continuing to provide new loans to restore production and business after the storm.
To support people directly affected by Typhoon Yagi in many provinces and cities, VPBank will reduce existing interest rates by 1% for medium and long-term loans and 0.5% for short-term loans for individual customers with collateral at the bank, from September 13 to December 31, 2024.
In order to help customers reduce financial pressure and focus on overcoming damage after floods, Tien Phong Commercial Joint Stock Bank (TPBank) reduces up to 50% of current interest for existing individual customers affected by storms and floods caused by Typhoon Yagi.
In addition to support policies, many businesses have started to donate up to billions of VND. The group of banks all donated 2 billion VND (each unit), including Agribank, BIDV, Vietcombank, Vietinbank, MB, Techcombank, VPBank.
Similarly, the founder of Ecopark donated VND15 billion in cash through the Vietnam Fatherland Front. This budget will be used to buy immediate essential supplies and to help people in areas severely affected by the storm recover.
The company also donated 4 billion VND to localities heavily affected by the storm in Hung Yen and Hai Duong, to help local people overcome difficulties and stabilize their lives.
