Deputy Prime Minister Vu Van Ninh made the statement at a reception for Tidjane Thiam, Chief Executive and Director-General of Prudential Group in Hanoi on October 31.

Mr Ninh highlighted the group’s important contributions to Vietnam’s socio-economic development, particularly its efforts to reduce poverty.

Thiam said the fulfillment of social responsibility is one of Prudential’s criteria and the group has decided to allocate US$2 million for social activities each year aside from its long-term investment in Vietnam.