17:07 | 19/05/2015 Economy- Society
Over VND170 billion (US$7.82 million), including VND100 billion (US$4.6 million) from bank donations, was raised for social welfare activities in the Central Highlands region during an arts performance program held in Da Lat city, Lam Dong province on May 17.
The program, part of the 3rd Conference for Investment Promotion and Social Security for the Central Highlands, was organized by the Steering Committee for the Central Highlands and the State Bank of Viet Nam.
It called on organizations, inpiduals, donors and enterprises within and outside the country to work together in ensuring social security initiatives, contributing to alleviating hunger and poverty, raising living standards and promoting socio-economic development in the region.
According to the event’s organizing board, the funds will be used in remote and disadvantaged areas in the Central Highlands.
From 2008 to 2014, banks spent around VND556 billion (US$23 million) on social welfare activities in the region.
At the 2nd Conference, commercial banks signed 20 credit contracts to provide over VND23.8 trillion (US$1.1 billion) for the region.
The Central Highlands consists of Dak Lak, Dak Nong, Gia Lai, Kon Tum, and Lam Dong provinces