CJ Group is offering scholarships to 55 students from elementary, middle and high school and college in Lam Dong Province, Vietnam. The group said that it has been selecting and granting scholarships to students in need from 2013, along with Lam Dong Province, and it has expanded beneficiaries and the scale from this year.
CJ Group held the “CJ Group - Lam Dong Province Youth Scholarship Awarding Ceremony” at the College Of Economic And Technology Of Lam Dong Province in Vietnam on Dec. 28 to deliver scholarships to 55 students. The event was participated in by about 130 officials, including Jung Young-soo, advisor to the global business division at CJ Group, Min Hee-kyung, executive vice president and director of Global Creating Shared Value of CJ Corporation, Chang Bok-sang, president of CJ Group in Vietnam, and Phan Van Da, deputy head of Lam Dong Province.
At the ceremony, an elementary student named Do Tien Dat, who is suffering from cancer; an elementary student named Cil Saran, whose single mother is suffering from cancer; and a middle school student named Nguyen Trung Hieu, whose family doesn’t have a source of income because they have no farmland received scholarships. The CJ Group has been making efforts to improve the educational environment for teenagers in rural areas in Southeast Asia, including Malaysia, Singapore and Vietnam.
Jung Young-soo, advisor to the global business division at the CJ Group, said, “The group is putting its corporate social responsibility philosophy – ‘Poverty should not be passed from generation to generation due to educational inequality’ – into practice where it is running a business overseas. We will also work on improving the educational environment of students from low income families in other countries in the future.”
In addition, the CJ Group announced a plan to expand the “New Village CSV” project, which is currently being carried out to increase the income of farmers at Ninh Thuan Province, Vietnam, together with the Korea International Cooperation Agency (KOICA), to Lam Dong Province from next year. Dalat, the capital of Lam Dong Province, is located 1,400 m above sea level on a plateau in the central region of Vietnam. The city is also the biggest agricultural production area in Vietnam. The CJ Group plans to jointly invest 2.2 billion won (US$1.88 million) in the region with KOICA until 2019 to develop new breeds of vegetables, transfer cultivation skills, and establish processing and storing facilities in order to stabilize the income of low-income-earning farmers.