PetroVietnam donates VND30 billion to COVID-19 vaccine fund
The Vietnam Oil and Gas Group (PetroVietnam) has donated VND30 billion (US$1.3 million) to the COVID-19 vaccine fund in a bid to join hands with the nation to fight the pandemic as well as to ensure social welfare and people’s well-being.
Following the directions of the Politburo and the Secretariat of the Communist Party of Vietnam on the policy of purchase of vaccines against COVID-19 for the people using the state budget and other legal financial sources, the Government issued a resolution on COVID-19 vaccine purchase and use.
Per the resolution, 150 million doses of vaccines will be bought for the injection of about 75 million people. It is estimated to cost some VND25.2 trillion (US$1.08 billion).
Of the total, about VND16 trillion is expected to come from the central budget, while the remaining VND9.2 trillion will be sourced from the local budgets and contributions by businesses and organisations.
In order to meet the urgent requirements of pandemic prevention and control, and speed up access to buying and importing vaccines for large-scale vaccination, the Ministry of Finance has asked for Government permission to set up a COVID-19 vaccine fund.
The fund aims to receive funding from domestic and foreign organisations and individuals, as well as other legal capital sources for the purchase of vaccines against COVID-19.
To join hands with such efforts and implement its corporate responsibility, PetroVietnam has decided to donate VND30 billion (US$1.3 million) to the COVID-19 vaccine fund.
Of the sum, VND5 billion was from the mother company PetroVietnam, VND10 billion from the PetroVietnam Gas Corporation (PV GAS), and VND5 billion from each of the Vietsovpetro joint venture, Binh Son Refining and Petrochemical Company (BSR), and PetroVietnam Power Corporation (PV Power).
In addition to the above-said units, PetroVietnam will continue to call on its other members to support the vaccine fund.
On the occasion, the group also earmarked VND2 billion which was raised from its staff to assist the northern provinces of Bac Giang and Bac Ninh, which are the nation’s current hotspots of COVID-19 outbreaks, in the fight against the pandemic.
Its member units and trade union also donated hundreds of millions of VND and items to support front-line medical staff and localities in the effort.
Earlier, to protect the health of 56,000 oil and gas workers amid the complicated developments of the pandemic, PetroVietnam’s trade union offered its members VND2.8 billion to buy medical supplies and necessities for COVID-19 prevention and control.
So far, staff of the oil and gas sector donated over VND70 billion to the fight against the pandemic.