Standard Chartered Korea Promotes SiB Programme in Vietnam

Mr Richard Hill, President and CEO of Standard Chartered Korea Financial Group and Standard Chartered Bank Korea (SCBK), recently paid a working visit to Vietnam. This visit is a part of the twinning project between Standard Chartered Bank Vietnam and SCBK under which SCBK has raised US$500,000 for the latest SiB programme in Vietnam.

 

Mr Hill visited the “Future” school for the disabled children in District 5, Ho Chi Minh City where local doctors provided eye screening for nearly 120 school children.  He was joined by Louis Taylor, CEO of Standard Chartered Bank Vietnam and volunteers from the Bank.

 

The funds raised from Korea will be matched by the bank, which makes a total US$1 million donated by the efforts of SCBK for SiB in Vietnam. These funds will be used for the new fifth phase of SiB in Vietnam, aiming to expand its reach to unprivileged children in the remote areas in Vietnam.

 

During his stay in Vietnam, Mr Hill also visited a number of key Korean companies and met several high profile Korean clients. Vietnam is currently considered a highly competitive manufacturing base and many Korean companies are expanding their investment in Vietnam because of its production and export advantages.