Education

Future First:
Future First is HSBC Global Education Trust's five-year programme (2007-2012) to help provide education, livelihood training and rehabilitation for street children, orphans and children in care around the world. HSBC Vietnam coordinates with in-country non-governmental organisations (NGOs) to look for projects that will most benefit these children in Vietnam.

In June 2010, HSBC Vietnam started to launch Vietnam Future First programme that uses local budget to support international and local NGOs which provide education and life skills for street children, orphans and children in care in Vietnam. In 2010, we funded five projects which are implemented in HCMC, Dong Thap, Hau Giang, Binh Thuan province and benefited more than 6,790 people including disadvantaged children, and young women.

By end of 2010, 22 projects in Vietnam received a total of USD441,755 and more than VND905 million sponsorship from the Future First programme including the Vietnam scheme, benefiting around 51,608 children.

The HSBC Group has just decided to extend the Future First programme to another five year from 2012 until 2017 with total amount of US$15 million. Organizations are invited to submit their application for sponsorship through Corporate Sustainability of HSBC Vietnam.

HSBC Scholarship Programme:
HSBC Vietnam, through Saigon Children's Charity, provided scholarships for 111 underprivileged students in Tay Ninh to help them pursue their studies. We also joined with Tuoi Tre newspaper in "Tiep suc den truong" scholarship programme, granting 100 scholarships worth VND500 million to fresh disadvantaged students in the North. Since 1998, HSBC has awarded scholarships (with a total value of USD 132,625) to 3,094 students in Vietnam.

Mobile Library:
On 10 September 2010, HSBC Vietnam and Bao Viet Holdings Insurance Corporation launched a VND 1.5 billion mobile library project for primary school pupils and disadvantaged youngsters in Danang. A total of 136 mobile libraries will be delivered to 136 schools over a period of three years commencing from 2010. Around 58,000 students across eight districts in Danang are set to benefit from the scheme. The whole project is executed by Global Village Foundation in cooperation with Danang Department of Education and Training.