The HSBC Bank has announced it will give US$60,000 to a US-based charity group in central Vietnam to help expand a system of care for children with disabilities.
The money will be used by the Children of Vietnam in Da Nang to expand its successful "Hope System of Care for Children with Disabilities" in Cam Le District, which is tailored to meet each child's unique needs and circumstances.
More than 50 children up to the age of 16 with severe or multiple disabilities, including those affected by Agent Orange, will benefit from the donation over the next three years, an HSBC Vietnam press release said.
It said the money will also go toward boosting the efficiency of local government services in the district in close partnership with the district administration.
Children of Vietnam was founded in 1998 by Ben Wilson, who works without pay, and has been joined by a US-based volunteer and nine Vietnamese staff members. They manage programs in Da Nang and nine surrounding provinces, providing education, healthcare, nutrition and housing opportunities for children and families in crisis.
"We are very pleased to be able to help [them] expand their Hope System of Care project," said Sumit Dutta, CEO of HSBC Vietnam.
"Corporate sustainability projects are a key aspect of HSBC Group activities worldwide and allow us to make a vital contribution to the communities where we operate," he said.
Since 2000, HSBC Group has made donations worth a total of $3.5 million to 72 charities in countries it operates, the bank said in the release.