BIDV to purchase Covid-19 vaccines for employees

Hong HAnH

BIDV has recently announced its plan to purchase Covid-19 vaccines to inoculate employees and their families to ensure their safety as well as that of the bank’s customers.

Following the direction of the Politburo and the Party Secretariat on the objectives of Quarter 1/2021 which required party levels to actively take the lead in the Covid-19 combat, joining the government in providing Covid-19 vaccines to ensure the health and safety of its employees and customers, BIDV has recently announced its plan to purchase Covid-19 vaccines to inoculate employees and their families.

BIDV will actively work with the Ministry of Health and authorities to sign up for Covid-19 vaccine purchases. Each BIDV employee along with four family members will be offered Covid-19 inoculation. The bank’s welfare fund shall cover the cost of the vaccines. Banking is one of the essential services which must operate continuously to meet financial services and payment needs of individuals and enterprises. Many bank workers have to work face-to-face with customers, thus facing a high risk of infection. By offering vaccines for employees and their families, the bank is helping to ensure their safety, meaning the continuous operation of the bank and the safety of customers will be guaranteed, demonstrating the bank’s social responsibility in combating the Covid-19 pandemic.

Last year, BIDV provided nearly VND40 billion (USD1.74 million) to funds set up to share the struggles with people affected by the Covid-19 pandemic. Since January this year, BIDV has donated VND6.8 billion (USD295,000) to provinces including Hai Duong, Quang Ninh and Gia Lai for purchasing medical equipment and emergency spending on efforts to combat Covid-19.

In 2020 BIDV proactively reduced its income by more than VND6,400 billion (USD276.5 million) for restructuring debt, lowering interest rates and reducing interest and fees to support businesses and people affected by Covid-19.

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