For Immediate Release November 9, 2013 Manulife Vietnam supports the Truong Ha Commune (Ha Quang District, Cao Bang Province) rural development plans

Cao Bang- In response to the 2010-2020 national program for new rural development, Manulife Vietnam today granted VND 275 million to  the Truong Ha Commune, Ha Quang District, Cao Bang province to purchase computers, photocopiers and projectors for local kindergarten, elementary and high schools. The awarding ceremony was held at the Truong Ha Commune People's Committee andwas attended by Mr. Nguyen Huu Toan - Assistant to National Assembly Chairman Nguyen Sinh Hung, Mr. Phung Ngoc Khanh - Deputy Director of Insurance Monitoring and Management Bureau, Ministry of Finance, Mr. Lanh Duc Dung - Chairman of Ha Quang District People's Committee, Mr. Dam Van Truong - Chairman of Truong Ha Commune People's Committee, and Mr. Chung Ba Phuong - CEO of Manulife Vietnam, along with local authorities and Manulife Vietnam's management board.

Truong Ha Commune is a mountainous area located in the northern part of the Ha Quang District, close to the Vietnam-China border. The place is home to three ethnic minority groups of Tay, Nung and Mong. The commune faces many difficulties -- the area has a very low GDP per capita and a high poverty rate of more than 15%. The people living in this commune depend heavily on farming activities; however, this has been a challenge to many due to the hilly terrain of the location.

"Having had a chance to visit Truong Ha Commune, we deeply sympathize with the difficulties the people here are facing. I hope that the sponsorship from Manulife Vietnam would support to local pupils and help them in become key factors in overcoming poverty in the area. On behalf of Manulife Vietnam, I would like to send my sincerest encouragement to the Truong Ha Commune's people and hope that they achieve their goals for the community soon", shared Mr. Chung Ba Phuong, CEO of Manulife Vietnam.

As one of the top players in the life insurance market, Manulife Vietnam remains committed to supporting the communities in both educational and charitable activities with enthusiastic participation to improve the quality of life of local people, as well as to express the Company's social responsibility, tradition and culture.

About Manulife Vietnam
Operating in Vietnam since June 1999, Manulife Vietnam - the first 100 percent foreign-owned life insurance company licensed in Vietnam - provides financial services to hundreds of thousands of customers through a network of professionally qualified agents. On 14 June 2005, Manulife Vietnam Fund Management Company Limited, whose name was changed to Manulife Asset Management (Vietnam) Company Limited in November 2010, a wholly owned local subsidiary of Manulife Vietnam, was granted license to operate a fund management and portfolio management services company, further expanding Manulife Vietnam's product offerings for its customers.

As one of the top players in the market, Manulife Vietnam offers a wide range of innovative insurance products which are supported by the most effective and value-added services on the market today. Whatever stage in life, Manulife Vietnam can help its customers feel financially secure with a life insurance plan that meets their specific needs - whether it's family protection, education or investment solutions.

Besides agency force, Manulife Vietnam has diversified its distribution channel by cooperating with banking partners to implement bancassurance operations to meet the increasing demands of the market. In addition, through Vietnam Women's Union, Manulife Vietnam has developed a micro-insurance program for poor women to support the Government in universalizing insurance knowledge, contributing to social welfare, decreasing poverty and to instill the habit of saving to the Vietnamese people.

Manulife Vietnam remains committed to supporting the communities through both educational and charitable activitieswith the participation of its staff and agents nationwide. Some of the organizations and programs to which the Company has donated are:

  • Education: the Manulife - For your future program, which provides scholarships for pupils; the Manulife - My Future program, which provides interest-free loans to university students, the Let's Help Children Go to School program, the Vietnam Association Promoting and Supporting Educational Development,Saigon Children's Charity, and the National Library for the Blind.
  • Health: Manulife's annual blood donation drives, annual Terry Fox Run in Ho Chi Minh City and Run for Children in Hanoi to raise fund for cancer research, Operation Smile Vietnam.
  • Others: Manulife's house donation to underprivileged families in rural areas, Saigon Children's Charity. Especially, through Vietnam Women's Union, Manulife Vietnam is the only life insurance in the market that has developed a micro-insurance program for poor women to support the Government in universalizing insurance knowledge, contributing to social welfare, decreasing poverty and to instill the habit of saving to the Vietnamese people.

About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$567 billion (US$539billion) as at June 30, 2013.The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial can be found on the Internet at manulife.com.  

For more information, please contact:

In Vietnam:
Tran Phu Anh Tuan
Head of Marketing
Manulife (Vietnam) Limited
Tel: (84-8) 5416 6888
Fax: (84-8) 5416 1818
Email: tuan_tran_phu@manulife.com

In Asia:
David Norris 
Regional Communications
Manulife Financial 
Tel: (852) 2202 1749
Fax: (852) 2510 5889
david_norris@manulife.com

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