INTERNATIONAL INVESTMENT
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SABECO, in collaboration with the Central Committee of the Ho Chi Minh Communist Youth Union, has officially announced two community initiatives on July 17 to support the development of rural areas.
Sabeco and the Central Youth Union inaugurated the Light Up the Rural initiative
The two community initiatives Light Up the Rural and Fostering Sports have just launched the campaign in Dong Thap Province's Thap Muoi district on under the three-year cooperation until 2025.
The Light Up the Rural project aims to promote the use of renewable energy, which is in line with the National Green Growth Target and Strategy for 2021-2030, as well as with the vision of the 2021-2025 Vietnam National Programme to build new rural areas.
As part of this project, SABECO commits to accompany the Central Youth Union and its affiliates to construct 34km of solar-powered streetlights in 34 rural areas across 34 provinces of Vietnam, with a total contribution of $185,000 from SABECO and its subsidiary companies.
The construction of the streetlights is targeted to be completed by end of August. This will help to support socioeconomic infrastructure of the rural areas while promoting renewable energy among the more than 210,000 households in these localities.
In addition to this, both the Central Youth Union and SABECO also concurred to implement the Fostering Sports project in conjunction with their commitment to accompanying and promoting the development of Vietnam's sports while nurturing a healthy lifestyle.
This was announced in June, and SABECO and its Bia Saigon brand will be contributing almost $200,000 to support the construction expenses of 30 community sports playgrounds across 30 provinces and cities in the next three years.
At the event, the Central Youth Union, SABECO, the People's Committee of Dong Thap Province, and the Dong Thap's Provincial Youth Union officially handed over 1km of solar-powered streetlights and held the groundbreaking ceremony for the sports playground project in Tan Kieu ward, Thap Muoi district, Dong Thap Province.
Bui Quang Huy, alternate member of the Central Committee of the Communist Party said at the ceremony, "The campaign will guide the youth towards pragmatic actions such as the construction of rural infrastructure, rural road lighting, tree planting, flower planting, freshwater projects; environmental hygiene, waste collection, segregation and treatment; technology exchange activities; and digital technology application to manufacturing and business."
Huy continued, "These activities demonstrate the determination, responsibility, and passion of the Youth Union members in the development of the home province and country. I would like to thank SABECO and Bia Saigon for accompanying the Central Youth Union.”
SABECO and the Central Youth Union started the construction of the community sports ground in Thap Muoi district
Bennett Neo, general director of SABECO said, "We are committed to bringing the best to Vietnam through practical means. While we have always focused on promoting business operations and contributing to Vietnam's socioeconomic development, we do not forget our responsibility to assist and develop surrounding communities. We are honoured to accompany the Central Youth Union as the strategic partner for these projects and are ready to demonstrate tripartite strategic partnerships of business, government, and community to support the sustainable development of our community and our country.”
The 3-year cooperation framework between SABECO and the Central Youth Union revolves around national development activities, cultural preservation, a healthy lifestyle, and sustainable development initiatives.
Since 2022, SABECO and the Central Youth Union have already implemented various meaningful initiatives, such as the Luong Dinh Cua Award, the Outstanding Workers, and the coaching programme Power of Innovation.
By Hara Nguyen
