Business students from the Lincoln Student Managed Investment Fund (LSMIF) are raising money for those affected by the recent Vietnamese floods.
This is a cause close to the hearts of the students – not only are several members and alumni of the LSMIF from Vietnam, they also have a partnership with several Vietnamese universities regularly collaborating with peers at the National Economics University in Hanoi and the University of Economics in Ho Chi Minh City.
LSMIF are also sponsored by MB Securities, a Vietnamese based investment bank, and therefore, the students are keen to offer help to those who have supported them.
The central regions of Vietnam have experienced floods that have killed around 100 people and displaced nearly 60,000 families.
Livelihoods have been ruined, residential areas devastated and infrastructure that is vital to the local communities has been lost to rising flood waters, landslides and heavy rainfall. The inclement weather is set to continue and it is predicted that many more people will suffer.
The LSMIF is aiming to raise as much money as possible to help buy basic supplies to provide shelter, drinking water and rice, basic needs that are currently not being met.
The students will contact the Embassy of Vietnam in the UK to facilitate the money transfer to local charities dealing with the flood disaster relief, meaning that the funds should reach those most in need quickly.
James Stenson, CEO of the LSMIF commented: “As a group, we have been humbled by the support we have received from professionals and academics in Vietnam and want to do what we can to raise money to help those in need.
“Lives have been devastated by these floods, and families are without the most basic of human necessities. Any money you’re able to donate will be going directly to help these Vietnamese citizens.”
Further information and to find the link for donating can be found here.
To find out more about the Lincoln Student Managed Investment Fund visit here.
