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CSR
T&T Group puts CSR at core of business philosophy
By Van Ly
Tuesday,  Oct 13, 2020,10:13 (GMT+7)

T&T Group puts CSR at core of business philosophy

By Van Ly

T&T Group hands over a digital X-ray system worth VND2 billion to the medical center of Thang Binh District, Quang Nam Province – PHOTOS: COURTESY OF T&T GROUP

HCMC – In Vietnam, the multi-industry T&T Group is not only well known for its contributions to the development of Vietnam’s football but also for its dedication to community-based programs. During 27 years of development, the group, led by renowned businessman Do Quang Hien, also known as Bau Hien, has put corporate social responsibility at the core of its business philosophy.

Contribution of VND65 billion to the Covid-19 fight

T&T Group has donated VND65 billion (US$2.8 million) to assist the fight against Covid-19 and support disadvantaged people affected by the pandemic since it broke out early this year.

On September 17, T&T Group handed over a digital X-ray system worth VND2 billion to the medical center of Thang Binh District, Quang Nam Province, which suffered greatly when the second wave of the pandemic hit Danang City nearby in July.

As of August 7, the district reported 11 Covid-19 cases and was partially locked down. The district had to perform Covid-19 tests for hundreds of people a day. However, its medical center was built 20 years ago and lacked modern equipment.

The digital X-ray system donated by T&T Group has helped the medical center examine lungs and detect patients with emerging pneumonia related to Covid-19.

On August 17, T&T Group donated a real-time polymerase chain reaction testing system, one of the most widely used devices for detecting coronavirus which causes Covid-19 to the Health Department of the northern province of Hai Duong, another coronavirus hotspot in the country.

In July, the province saw an increasing number of new Covid-19 cases and there were more than 5,000 people having close contact with Covid-19 patients that needed to take Covid-19 tests. Due to the outdated medical facilities and equipment, the province was not capable of performing a large number of tests. Therefore, T&T Group decided to give the province a real-time polymerase chain reaction testing system.

In late July, through the Central Committee of the Vietnamese Fatherland Front, T&T Group and its affiliates donated over VND6 billion to the Covid-19 epicenters of Danang City and Quang Nam and Quang Ngai provinces to support them in the fight against the pandemic.

In mid-May, the group gave 500 gift sets worth VND1 million each to poor people who were negatively affected by Covid-19 in Quang Ninh Province. The donation was part of a charitable program, through which T&T Group donated VND20 billion to 28 cities and provinces nationwide to help the poor overcome difficulties and financial hardships caused by the pandemic. The program was supported by the Central Committee of the Vietnamese Fatherland Front and the local Departments of Labor, Invalids and Social Affairs.

Through the Central Committee of the Vietnamese Fatherland Front, T&T Group and its affiliates donate over VND6 billion to the Covid-19 epicenters of Danang City and Quang Nam and Quang Ngai provinces to support them in the fight against the pandemic

Charitable programs to help the poor

T&T Group has accompanied the Government to support localities across the country in helping underprivileged people improve their livelihoods.

On September 22, Saigon - Hanoi Commercial Joint Stock Bank (SHB), a member of T&T Group, donated VND1 billion to the Red Cross Society of Khanh Hoa Province to build 20 houses for poor people. On October 6, SHB and T&T Group donated VND5 billion to the Fund for Poor People of Hanoi City. And one year ago, when the Hanoi Central Committee of the Vietnamese Fatherland Front called for support for the Fund for Poor People, T&T Group donated VND2 billion to the fund.

Also in October 2019, T&T Group general director Do Quang Hien himself donated VND10 billion to the Fund for Poor People during the “People nationwide join hands for the poor” organized by the Central Committee of the Vietnamese Fatherland Front and the Central Steering Committee for National Target Programs. The fund also received VND3 billion from T&T Group.

Additionally, T&T Group handed over VND1 billion to the Children Protection Fund of Hanoi City in October 2019 and VND1 billion to the “Tet (Lunar New Year) for The Poor” in 2018.

Late last year, the group donated 1,000 houses costing VND60 billion to poor families in Ha Giang Province. In recent years, T&T Group has provided financial support for many other charitable programs in the provinces of Nghe An, Ha Nam, Bac Ninh and Thai Nguyen.

“Businesspeople should not only pursue business profits at all costs. They should make contributions for the community. To develop sustainably, businesses must take care of the employees, carry out poverty reduction and social security programs, give back to the community and call for the support of the whole society,” Hien said.

He hopes there will be more corporate social responsibility programs to help poor people across the country improve their livelihoods, contributing to a more sustainable and better society.

After 27 years of development, T&T Group has become one of the leading private corporations in Vietnam, with chartered capital reaching VND15 trillion and more than 80,000 employees.

The group is active in seven major industries including finance and investment; real estate; industry and trade; agriculture, forestry and aquaculture; transport infrastructure, seaports and logistics; energy and environment; and healthcare, education and sports.

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