The fund has significantly supported the country in education, health and charity activities. — Photo tuoitre

HCM CITY (Biz Hub) — Phu My Hung Development Ltd celebrated 10 years of the Lawrence Ting Memorial Fund, a charitable organisation founded under the wishes of Lawrence S Ting, ex-chairman of the management board of CT&D Group and Phu My Hung Development Ltd in 2005.

The fund has significantly supported the country in education, health and charity activities.

In education, the fund has presented 70,000 scholarships to talented and disadvantaged students.

The fund has also awarded 122 labs to 96 schools in 63 cities and provinces, creating favourable conditions for students and teachers to approach IT.

In health, the Lawrence S Ting Fund has awarded 4,553 packages of medical equipment from the US charity organisation Medshare to hospitals in HCM City and the Cuu Long (Mekong) Delta.

The fund has also awarded nearly 15,000 wheelchairs to those who need them.

The total value of these donations have amounted to VND225.6 billion (over US$10 million).

During the ceremony, the late Lawrence S Ting Fund was awarded the Labour Medal, 3rd Grade from the President.

On this occasion, the fund presented 395 scholarships worth over VND3.4 billion and allowances of VND5.06 billion to funds, charities and study encouragement organisations across the country. — VNS