Representatives of Manulife Vietnam and Cong Dong Bau at the signing ceremony in HCM City on June 22. — VNS Photo Xuan Huong

Manulife Vietnam and Cong Dong Bau (Pregnant Woman Community) have signed a five-year deal to empower families to take control of their financial future.

With over one million babies born every year in Viet Nam, now more than ever it’s important that families consider the benefits of a good financial plan to help manage medical and other costs associated with raising a child.

Considered one of the country’s most trusted communities for expecting and new mothers, Cong Dong Bau provides advice and support to more than five million members.

The collaboration is expected to provide members with a holistic look at family planning, leveraging the partners’ almost 30 years of combined experience in financial planning and parenting advice.

Speaking at the agreement signing ceremony in HCM City on Monday, Hoe Shin Koh, chief partnership distribution officer of Manulife Vietnam, said: “Family planning is an important topic right now and many people are looking for the right guidance and advice when it comes to raising a family and building a strong financial future.

“By partnering with Cong Dong Bau we can ... help empower expecting and young mothers with the right knowledge and advice so they to feel financially prepared and in control as a parent every step of the way.”

Truong Thuy Thu Quynh, general director of Cong Dong Bau, believed the partnership would offer parents a new perspective when it comes to family planning.

“Today's parents to be the best for their children and Cong Dong Bau offers mothers the right care and support for navigating those early years. Raising a child is never an easy task and through our new partnership with Manulife we can offer our community the opportunity to feel more secure and also help educate all Vietnamese mothers about the benefits of being well protected.” — VNS