A Certificate of Merit from the Ho Chi Minh City People’s Committee was presented to the Vietnam Citi Country Officer on Wednesday, August 31, on the occasion of the 77th anniversary of Vietnamese National Day.

“This Certificate of Merit is recognition for the whole team in supporting our clients and communities to overcome the challenges presented by the outbreak of Covid-19,” said Mr. Ramachandran A.S., Vietnam Citi Country Officer.

In Ho Chi Minh City, Citi contributed around VND1.14 billion ($50,000) in the form of medical equipment to Thong Nhat Hospital, to facilitate the fight against Covid-19. The equipment comprised 14 intensive care unit (ICU) beds, which helped the hospital increase its capacity to effectively treat patients battling the virus and also patients with other ailments.

Citi Vietnam also contributed an estimated VND600 million ($26,090) in medical equipment to the Dong Da District Health Center in Hanoi to accelerate the rollout of Covid-19 vaccinations.

Activities within Citi’s Global Community Day in Vietnam last year focused on Acts of Kindness and Virtual and Digital Volunteering to address a global issue that is a direct result of Covid-19: food insecurity. In Ho Chi Minh City, the bank prepared food trucks for hospitals and quarantine areas to help frontline health workers fighting the pandemic. It also provided nutritious meals together with wheelchairs, medicine, masks, sanitizer, and magazines to nursing homes.

Since the pandemic hit in 2020, Citi has assisted the “Emergency Support for Covid-19 Disease Prevention” project in Vietnam, with a total budget of $100,000, and provided personal protection equipment (PPE) to 40 community health stations in ten suburban districts around Hanoi.

Citi received a CSR Award from Amcham Hanoi last year and a Significant Contribution Award to Covid Relief and Recovery in Vietnam from Amcham Ho Chi Minh City. Both awards recognized its commitment to assisting local communities during the challenging days of Covid-19.

Citi is a global financial leader in Vietnam. It has been serving local and multi-national corporation (MNC) clients in the country for the last 28 years, offering corporations and institutions a broad range of financial products and services including corporate and investment banking, commercial banking, treasury and trade, and markets and securities services.

It has raised close to $6 billion from global capital markets to support the growth aspirations of Vietnamese clients over the last five years.