NongHyup Financial Group Launches Global Social Contribution Project with Good Neighbors

Completion Ceremony Held for Rural Environment Improvement Facilities
in Vietnam and Southeast Asia

NongHyup Financial Group announced on May 13 that it held the first completion ceremony for its global social contribution project, 'NH Change Makers,' in collaboration with Good Neighbors in Bao Village, Vinh Long Commune, Vinh Loc District, Thanh Hoa Province, Vietnam.

This project was designed to enable residents in rural areas of Vietnam to solve local social issues on their own. The initiative was carried out by holding a business contest for local residents and implementing the selected proposals. In particular, the project was conducted in cooperation with the local government, including government-level subsidy support.

In December of last year, a contest was held, resulting in 44 proposals being submitted. Six projects were selected and implemented across four regions, including Thanh Hoa Province near Hanoi. Among these, the first to be completed was a facility in Bao Village to support residential wastewater treatment and improve sanitation.

Kim Sun (second from the left), Head of International Business Division at Good Neighbors, Jo Jungrae (sixth from the left), Vice President, Vu Oc Duong (eighth from the left), Deputy Director of the Foreign Affairs Department of the Tainhoa Province People's Committee, and attendees are conducting a ribbon-cutting ceremony to commemorate the completion. Provided by NongHyup Financial Group

The completion ceremony was attended by Jo Jungrae, Vice President of Future Growth at NongHyup Financial Group; Park Changoh, Branch Manager of NongHyup Bank Hanoi Branch; Kim Jongseok, Head of NH Investment & Securities Vietnam; Kim Sun, Head of International Business Division at Good Neighbors; and Park Dongcheol, Country Director of Good Neighbors Vietnam. Government officials, including the Deputy Director of the Foreign Affairs Department of the Thanh Hoa Province People's Committee and the Chairman of the Vinh Loc District People's Committee, as well as local residents, also participated.

Vu Oc Duong, Deputy Director of the Foreign Affairs Department of the Thanh Hoa Province People's Committee, congratulated the completion, stating, "We are grateful for NongHyup Financial Group's interest and support in improving the living environment for residents of Bao Village, and we hope for continued cooperation in the future."

Vice President Jo stated, "NongHyup Financial Group is a financial group that has grown based on agriculture and rural communities in Korea, and we have always considered the realization of sustainable development an important mission. It is very meaningful to be able to contribute to the development of rural areas in Vietnam as well. We will continue to contribute to inclusive growth and the improvement of quality of life in the Vietnamese community, based on our partnership with the local society."

This content was produced with the assistance of AI translation services.