The VinaCapital Foundations mission is to empower the children and youth of Vietnam by providing opportunities for growth through

health and education projects.

Table of Contents
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Letter From the Executive Director Improving Health Care for Children Increasing Capacity for Pediatric and Cardiac Care Clinton Global Initiative A Look Ahead Financials Donors and Contributors Board Members & Team

With every new beginning, there lies hope.

Dear Friends and Supporters of VCF:

Our formative years have been lled with interesting challenges and happy outcomes, and we are pleased to present this summary of our programs and results for 2007-2009 as well as our plans for the future. When we created the VinaCapital Foundation (VCF) in 2006, our overarching goals were to encourage philanthropy in Vietnam and become a model for best practices in transparency and ethics for nongovernmental organizations (NGOs) in developing countries. We began by receiving status in 2007 as a 501(c)(3) tax-exempt public charity in the US and are registered as an international NGO in Vietnam. Our program goals re ect two passions. We are focused on bringing access to quality health care to poor children, and have a special enthusiasm for saving children su ering from heart disease. Our health care programs embody these goals and are adaptable to the changing public health needs in Vietnam as the country continues its rapid upward trajectory. To date, we have saved over 1,400 children by funding their heart operations, trained over 3,000 cardiologists and cardiac surgeons in the latest treatment and surgical techniques, and donated the equivalent of over $530,000 of critical medical equipment and supplies to hospitals throughout Vietnam, among many other accomplishments. Mr. Don Lam, VCFs Board Chairman and CEO of the VinaCapital Group, has an additional passion: To bring the nest graduate business education to Vietnam and help develop the nations business leaders into global executives. This dream is now being realized with the launch of the International Management Initiative of Vietnam (IMIV), which o ers short courses from the worlds top-ranked institutions in management education. The bigger dream of establishing a quality MBA school in Ho Chi Minh City is also close to becoming a reality, as partnership agreements with top international business schools are expected in 2010. Our nancial reports, audited by Grant Thornton, are summarized here, in addition to our programs, results, and plans for the future. We hope you will enjoy this in-depth look at our Great Beginnings and join us as partners in our plans for the future. Warmest regards,

Robin King Austin CEO and Executive Director

The Need For Help

Hong Thaos tragedy was not that she was born with heart disease. It was that she lived with it undiagnosed and untreated for so long. She su ered throughout her childhood, unable to play with her brothers and sisters and unable even to lie down because the position left her struggling for breath. Living on an agricultural commune in rural Vietnam and isolated from medical care, Hong Thaos family simply did not know how to access the help that their daughter so desperately needed. Hong Thao spent her childhood struggling in the shadows, but when she turned 16, her condition became an emergency. Watching her daughter straining for thin gasps of air, Hong Thaos mother struggled by bicycle, bus, and motorbike taxi over 80 km to take Hong Thao to the general hospital in Nha Trang City. Caring neighbors pooled their money to help pay for the fares. Her condition was so serious she was sent to specialists in Ho Chi Minh City. With no ambulance in the province, a van was stripped of its seats and she lay on the oor for the nine-hour journey. Hong Thao was diagnosed with heart disease and underwent corrective surgery. But help had come too late; she eventually died of multiple organ failure due to years of damage from her untreated heart condition. This was a tragic, preventable death, and yet Hong Thao is just one of thousands of children dying from treatable illnesses because of lack of access to quality health care. Like Hong Thao and her family, more than 90% of poor people in Vietnam and three-quarters of the overall population live in rural areas1 that are di cult to reach from major cities. Most of these families survive on just one to two dollars a day2, have low education levels, and are rmly trapped in the poverty cycle. With such insurmountable nancial and physical barriers, the children of these families su er without basic medical care. Modern medicine has achieved so much in nding low-cost treatments and cures for common childhood illnesses, eradicating them in developed countries. These diseases remain a serious threat, however, to children in developing countries like Vietnam. Despite the existence of safe and e ective treatments, infectious diseases such as pneumonia, diarrhea, and meningitis sepsis remain a leading cause of death among children under ve-years-old. The VinaCapital Foundation is working to remove the barriers to health care for poor children and end these easily-preventable deaths.

1 72.6% of Vietnams population live in rural areas, United Nations in Vietnam, 2007, http://www.un.org.vn/index.php?Itemid=218&id=117&option=com_ content&task=blogcategory 90% of Vietnams poor live in rural areas, AusAID Australian Governments overseas aid program, 2002, http://www.ausaid.gov.au/publications/pdf/ vietnam_poverty_analysis.pdf 2 Vietnams average income (across entire population) is just $600 per year (less than $2 per day), Voice of America, 2005, http://www1.voanews.com/english/news/a-13-2005-0429-voa21-67384457.html english/news/a-13-2005-04-29-voa21-67384457.html

The Cost of Living When the parents of seven-year-old Pham Thi Hong Thu received the news that Heartbeat Vietnam had found a donor to pay for their daughters heart surgery, they were overjoyed. They were unable to a ord the surgery on their own, and for the rst time they could believe that Hong Thus su ering might end. But their hope only highlighted their desperate predicament: They couldnt a ord to take her to the hospital for her operation. With barely any assets, they looked to their pet dog, which they managed to sell for 200,000 VND ($12) to pay for the journey. When the funds ran out while she was in the hospital, Hong Thus mother earned extra money to feed her daughter by washing the clothes of other patients families. Thus heart surgery cost $2,500. A private donor to Heartbeat Vietnam had given $500 towards the operation,which was matched 100% by the VinaCapital Group to make $1,000. The Sponsoring Association for Poor Patients and the Ca Mau Province provided the rest of the funds. Learning of the additional sacri ces and painstakingly hard work it took to care for Hong Thu, the VinaCapital Foundation was compelled to help them further with a Family Grant of 4,800,000 VND ($300). This grant went to cover Hong Thus medicines, food, transportation, and medical exams. Hong Thus health has improved dramatically since the operation. She can breathe normally, run around, go to school, and play just like any other normal girl her age. 7

Improving Health Care for Poor Children

Heartbeat Vietnam
The Issue: Congenital heart defects dont observe the boundaries of geography or economics, but the treatments often do. In Vietnam, where most families earn only a few dollars per day, specialized pediatric health care is beyond their grasp. At any given time there may be as many as 10,000 children waiting to receive heart surgery in Vietnam. Many of these children will die waiting for help. The Solution: Heartbeat Vietnam is a VCF program that funds life-saving heart operations for the most disadvantaged children whose families cannot a ord it. With matching funds from provincial government organizations, the Sponsoring Association for Poor Patients (SAPP), and the VinaCapital Group, the cost to a donor to save a childs life with heart surgery is just $500. To ensure early intervention and a lasting recovery for our bene ciary children, Heartbeat Vietnam also includes other components: - Mobile Medical Outreach Clinics, which rotate monthly between provinces and are sta ed by volunteer doctors and nurses who examine, diagnose, and treat children with heart disease. - Family Grants, which support nutrition, travel, and medical costs for extremely poor children and their families during their hospital stay. - Continuing Care, which is a post-operative, one-year grant to assist select destitute families regain their nancial footing.

What weve achieved so far: To date, Heartbeat Vietnam has saved the lives of over 1,400 children and the number keeps growing. Weve also provided family grants for travel, food, education, and/or medical expenses to 200 families, and continuing care grants for 71 families.

We work hard to make sure our programs are e ective. When we nd a problem, we craft a program to address it and test the concept. If the program succeeds, we expand to other areas. If the program doesnt live up to our expectations, we change it and try to make it better. The Heartbeat Vietnam Continuing Care program is one of those instances. Our pilot program needed adjustments to ensure that we were reaching the most destitute children. Our new plan achieves that. If a program does not meet our expectations and we cannot improve the results, we will discontinue it. In our formative three years, however, we have been fortunate to succeed in making the adjustments needed to ensure our intended results.

Improving Health Care for Poor Children

Heartbeat Vietnam

Saving the Life of a Boy with No Hope On the edge of the picturesque town of Hoi An, farmers bent over in work are framed against a beautiful backdrop of rice elds. Its an idyllic setting, but one that masks their arduous existence. Working long hours for little income, theirs is a way of life that has not kept pace with Vietnams rapid rise on the global stage and the bene ts that have come with it. These are people who have yet to be reached by international levels of quality service and health care. No one knows this more acutely than the family of ve-year-old Truong Duc Nhan. Born with a congenital heart defect, little Nhan had su ered every day of his life. He made the trek with his parents to hospitals across the province, to a cardiac hospital in Hue, and twice to Ho Chi Minh City to be examined at the Heart Institutea 42-hour roundtrip journey by bus. But the diagnosis and prognosis were always the same. Nhan needed heart surgery to live but it could not be done in Vietnam. Only a top cardiac pediatric surgeon from an international hospital could undertake the complex operation and give Nhan a chance at survival. From his small house in a rural village, Nhan had little hope. But a visit to a neighbor changed all that. Nhans mother, desperate to save her sons life, took him to see Suzanna Lubran, an Englishwoman living in their village and volunteer for Heartbeat Vietnam. Through patchwork communication, Suzanna learned of Nhans desperate situation and immediately took up his case. VCFs CEO and Executive Director, Robin King Austin, doesnt like hearing that there is no hope to save a child. She refused to give up on Nhan, and instead contacted Dr. James Cox, founder of the World Heart Foundation and one of VCFs medical training partners, to nd the right surgeon to save the little boy. Nhans pro le reached the desk of Dr. Erle Austin, Chief of Cardiac Surgery at Kosair Childrens Hospital in Louisville, Kentucky. A Harvard-trained surgeon with extensive experience with di cult cases, Dr. Austin could o er Nhan the expertise that no one else could. He agreed to come to Vietnam and, upon assessing his case, embarked on over ve hours of surgery to repair Nhans heart. Dr. Austin was assisted by a team of top Vietnamese cardiac surgeons, who used the operation as a training session to advance their surgical skills. This team is now performing this procedure regularly on other children who previously had no hope. Nhans surgery was successful and he is now back in his village where he can go to school, run and play alongside other children, and live the childhood that was denied to him before. Village life will long continue to be out of touch with the speed of global developments, but for this little boy, Heartbeat Vietnam was able to provide an international connection that saved his life.

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It was very sad to see many people are still living in sub-standard conditions Here was Mrs. Linh and her daughter Lan Anh, a very intelligent and lovely girl. Her father died just a year ago. Mrs. Linh had only Lan Anh left. When she found out her daughter had a heart defect, she was in despair. As she told us her story, she burst into tearsI didnt know what to say.
Hoang Le Phuong Tuyen, VCF volunteer at Rach Gia City Outreach Clinic in Kien Giang Province.

Mobile Medical Outreach Clinics

Improving Health Care for Poor Children

The Issue: Each year in Vietnam, one out of every 100 children is born with a congenital heart defect. Its a curable condition, especially if treated soon after birth, but many children will never receive treatment. Most of them live in rural areas where they cant reach or a ord medical care. The achievements of modern medicine are made redundant if they dont reach the children so desperately in need of them. Health care must travel to reach the sick, especially to those who are disadvantaged. The Solution: VCFs Mobile Medical Outreach Clinics bring health care to children in rural communities that are isolated from even the most basic services. Our outreach clinics allow hundreds of poor children to be examined and diagnosed by the countrys top cardiologists and surgeons without having to leave their home province. They increase early detection of heart conditions in children and train provincial doctors in the diagnosis and treatment of these children. Each outreach clinic provides free care to 200-500 children, including diagnostic testing, treatment, and placement on the cardiac surgery waiting list if required, as well as post-operative checkups.

What weve achieved so far: Weve examined and treated over 3,000 poor children in 14 provinces through our free mobile medical outreach clinics, including diagnostic testing and post-operative checkups.

I am so happy to receive this local care, says one mother, relieved to nd medical help for her su ering son. Little Le Ba Phuoc doesnt go to school yet. Like many other three-year-olds, his grandmother looks after him at home while his father goes to work as a motorbike repairman and his mother as a shaver, each earning 1,500,000 VND (US$80) per month. But unlike other children, Phuoc couldnt play freely. Instead, he would su er from bouts of fever and coughing, unable even to eat and drink normally. Phuoc had a congenital heart defect called Atrial Septal Defect. His parents knew that their son needed medical help, but they couldnt a ord the treatment and instead tried to care for him using traditional Vietnamese herbs. Phuocs parents heard about the VCF Mobile Medical Outreach Clinic from the local authorities. Phuoc travelled with his mother by motorbike to receive the free care he needed desperately, reviving the hope that one day he too might play like other little three-year-old boys.

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Training & Equipment for Emergency Pediatric Life Support

Increasing Capacity for Pediatric and Cardiac Care

The Issue: For a child in respiratory or cardiac arrest, each minute passed without oxygen and manual resuscitation (CRP) reduces their chances of survival by 10%3. In this ultimate emergency situation, there is only one piece of equipment that has all the devices a doctor needs in order to respond quickly and save a childs life: The pediatric crash cart. Yet all across Vietnam, emergency rooms are lacking this vital piece of equipment. When a child cant breathe or has lost his or her proper heart rhythms, there is no substitute. The Solution: Critical Response provides stocked crash carts to emergency rooms and pediatric ICU units in hospitals throughout Vietnam. Along with the crash cart, VCF provides training for nurses on how to maintain them and assist doctors in a code. Prior to receiving the cart, doctors are required to attend Pediatric Advanced Life Support training (PALS), an intensive course developed by the American Heart Association and the American Association of Pediatrics that provides a standardized approach to the evaluation and management of critically-ill children. What weve achieved so far: April 2009 saw the inaugural PALS training course, where 156 Vietnamese physicians and 18 trainers in Ho Chi Minh City and Hanoi were taught how to recognize and treat vital distress in infants and children. From 2009-2011 we will be able to reach 640 doctors and nurses for PALS training and 1,100 doctors and nurses for crash cart training (code simulation and de brillator use), and we intend to provide 80 crash carts to 40 hospitals across Vietnam (average receipt of two crash carts per hospital). Crash carts have already been delivered to hospitals in Danang and Nha Trang. This program is a Clinton Global Initiative and is expected to impact the lives of 1,500,000 children in the coming years.

- Brain death and permanent death start to occur in just four to six minutes after someone experiences cardiac arrest. - Cardiac arrest is reversible in most victims if its treated within a few minutes with an electric shock to the heart to restore a normal heartbeat. - CPR can double or triple a cardiac arrest victims chances of survival. Few attempts at resucitation succeed after 10 minutes. - The American Heart Association recommends that response times to a cardiac arrest average no more than two minutes in a speci c hospital location.

3 Chances of survival are reduced by 7 to 10 percent with every minute that passes without CPR and de brillation, American Heart Association, http://www.americanheart.org/presenter.jhtml?identi er=4481

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Increasing Capacity for Pediatric and Cardiac Care

Onsite and O site Training Programs

The Issue: Scienti c research and training close the gaps in knowledge and provide a deeper understanding of the causes and treatments of illnesses. But this knowledge will only be useful in advancing quality of life if it reaches the people around the world who would bene t from it. In developing countries, where medical education is often less advanced and understanding of Englishlanguage medical literature can be a challenge, it is di cult for doctors to access new medical discoveries, technologies, and practices. This keeps the public health system static, which leads to a population with lower health indicators and eventually impedes a developing countrys progress. Doctors who train directly with surgeons and specialists from developed countries gain rst-hand knowledge and experience unavailable in their own countries, and the overall quality of health care is improved exponentially. The Solution: VCFs Onsite and O site Training Programs provide mentorships and training for medical professionals in Vietnam with those trained in developed countries. Our goal is to build medical capacity in Vietnam, particularly in the areas of pediatric and cardiac care, by teaching evidence-based, internationally-accepted treatment and administrative protocols to doctors, nurses, and hospital administrators. In our onsite training program, Vietnamese specialists share their knowledge with provincial doctors. In addition, VCF brings exemplary international surgeons, doctors, and nurses to Vietnam to work directly with medical professionals and patients in a local setting. In 2010, we will begin sending Vietnamese doctors overseas for long-term o site training programs. The three-month o site mentoring fellowships take place at exemplary overseas medical institutions. Our partners for the 2010 o site program include Childrens Hospital of Boston, Cleveland Clinic Childrens Hospital, Royal Melbourne Childrens Hospital, Sydney Childrens Hospital, and Brigham and Womens Hospital.

What weve achieved so far: Our onsite training programs and outreach teams have trained pediatricians and intensivists on diagnosis and treatment of heart disease in many provinces. We have trained 24 biomedical technicians from four central provinces on maintenance and calibration of biomedical equipment, and weve trained 98 nurses at Childrens Hospital in Ho Chi Minh City. Our telemedicine program has directly reached over 3,000 doctors and surgeons, and countless more can access the training via internet download or session DVDs that were donated to medical libraries throughout the developing world. In addition, weve brought worldclass cardiac surgeons from the USA and Switzerland to Vietnam for intensive onsite training. Our o site training program sent Vietnamese specialists to Ireland and Switzerland to further their medical skills in a developed country hospital setting. From 2007-2009, 339 medical professionals donated 8,250 hours to our surgical, training, and outreach programs, a value of $831,500. 16

New pediatric endoscopes, donated by Olympus, were deliverd to Khanh Hoa General Hospital in Nha Trang.

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Increasing Capacity for Pediatric and Cardiac Care

Medical Equipment Donations

The Issue: In hospitals in developed countries, unused medical supplies and functioning-but-used pieces of medical equipment are sent to land lls every day. In hospitals in Vietnam, children su er or die every day because doctors dont have the necessary equipment or supplies to ease their su ering or save their lives. This is a global imbalance of supply and demand where the consequences are fatal. The Solution: To mitigate environmental waste and implement an eco-friendly ethic, VCF only procures and delivers supplies and equipment that have been requested by hospitals. Most of the equipment is obtained brand-new, and the rest of the equipment is refurbished to like new conditions and includes user manuals and warranties. Training is provided on the use and care of the equipment. VCFs medical equipment donations program, Instruments in Hand, is a partnership with MedShare International and gathers, refurbishes, ships, and distributes critical medical equipment and supplies to hospitals throughout Vietnam. The majority of equipment procured by MedShare is brand-new and obtained through donations from medical equipment companies and cash purchases.

What weve achieved so far: Weve supplied ve hospitals in ve provinces with 2,031 pieces of medical equipment. The total value of the donated equipment exceeds $530,000.

More than one doctor has told me, Every day I have to decide which baby dies and which baby lives because I dont have enough ventilators. Our medical equipment donation program spares them this excruciating decision. Robin King Austin, CEO and Executive Director, VCF

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It was terri c to have a dialogue in real time with a group of surgeons sitting around conference tables in countries from Bangladesh to Indonesia. I've always thought that this would be a great way to update the local surgeons on the latest surgical techniques and practices, so we are all very excited.
James L. Cox, MD, President & CEO World Heart Foundation, after the rst telemedicine session on November 15, 2008, in which 200 surgeons from four countries participated

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Increasing Capacity for Pediatric and Cardiac Care

Distance Learning to Save Lives

The Issue: In Vietnam, we have seen rst-hand how limited access to medical training impairs the countrys public health system and overall population health. Infrastructure and basic medical knowledge already exist in Vietnam, and we can immediately and dramatically increase capacity for pediatric and cardiac care by e ectively using new technology. Speci cally, the use of teleconferencing technology can overcome the hurdles of distance, cost, and time to deliver advanced surgical training from world-class experts to medical professionals in Vietnam and other developing countries. The Solution: The International Symposium for Cardiac Care is a teleconference lecture series implemented in collaboration with the World Heart Foundation (WHF) and the World Bank Global Development Learning Network (GDLN). This training series links cardiac surgeons and cardiologists in Vietnam and other developing Asian countries with the worlds best in cardio-thoracic surgery, cardiology, and pediatric cardiac care. The interactive lectures are translated simultaneously, enabling participants to ask questions after the presentation. Both the lectures and the Q&A sessions are then compiled by World Bank into a DVD learning series and distributed by World Heart Foundation to surgical programs in developing countries around the world. What weve achieved so far: Weve reached over 3,000 cardiologists and cardiac surgeons from Vietnam, Cambodia, Bangladesh, Indonesia, and China through our monthly International Symposium for Cardiac Care Telemedicine Series. Doctors from developing countries outside of the region also joined the training sessions via webcast. The Telemedicine Series is a partnership with the World Heart Foundation and the World Bank Global Development Learning Network, and was accepted as a Clinton Global Initiative in 2008.

Partnerships: We work at a global level to nd organizations with shared objectives and activities to ensure that we can deliver economies of scale wherever possible. Cooperation with the World Heart Foundation has been instrumental in connecting VCF with cardiac experts in the US to present the training topics on a voluntary basis. The World Bank Global Development Learning Center in Hanoi, Vietnam and related centers in Tokyo, Washington DC, and the participating countries help ensure that each lecture is broadcast smoothly. The centers also provide advertising for the teleconferences in Southeast Asian countries. The Heart Institute of Ho Chi Minh City and the Association of Cardiovascular and Thoracic Surgery of Vietnam have also been instrumental in the recruitment of participants in Vietnam and providing us with topic ideas.

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VCF and the Clinton Global Initiative

The Clinton Global Initiative (CGI) brings together global leaders to e ectively confront the worlds most pressing problems. VCF attended the CGI Asia Meeting in 2008 and the CGI Annual Meeting in 2009, presided over by former US President Bill Clinton. At both meetings, VCF programs were acknowledged as meaningful, practical solutions to improve the livelihoods of children across Vietnam. Speci cally, the Telemedicine Series was publicly praised by President Clinton as a model health program for developing countries. A unique feature of CGI membership, the Commitments to Action, recognizes speci c initiative that achieve measurable results. As such, the following VCF projects have been acknowledged as Clinton Global Initiatives: - The International Symposium for Cardiac Care - Critical Response: The PALS and Crash Cart Program - A Brighter Path: Scholarships for Ethnic Minority Girls - The International Management Initiative of Vietnam (IMIV) CGI Annual Meetings have brought together more than 100 current and former heads of state, 15 Nobel Peace Prize winners, hundreds of leading global CEOs, major philanthropists, directors of the most e ective non-governmental organizations, and prominent members of the media.

VCF is extremely honored to have our programs recognized as Clinton Global Initiatives, and nd the association with the CGI team to be inspiring and motivating. What this initiative has accomplished since CGI began is phenomenal.
ROBIN KING AUSTIN

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2010 will see VCF increase its work in the eld of education
Educated children and an educated workforce are the backbone of a countrys social and economic development. It is these individuals who will break the cycles of unending poverty, build the foundations for social development within their communities, and create a prosperous future for a country and its citizens. The VinaCapital Foundation is developing education programs in Vietnam in order to build a new capacity for leadership among the Vietnamese population.

A Look Ahead

A Brighter Path: Scholarships for Ethnic Minority Girls

More than half of Vietnams ethnic minority households live in poverty4. Thats over 6 million people who are struggling to address their basic needs and access opportunities to prosper. Living in rural areas, their nancial struggles are exacerbated by social and cultural isolation. Educating young girls within these communities is crucial to nding a way out of such widespread poverty. Yet formal education remains beyond the grasp of many ethnic minority girls in Vietnam. Children often need to work to provide labor or income for their families, and girls are usually disproportionately a ected due to beliefs related to gender roles. To provide hope for a brighter future and a break from the poverty cycle for ethnic minority girls in Vietnam, VCF created A Brighter Path: Scholarships for Ethnic Minority Girls. This program will provide 100 impoverished ethnic minority girls with scholarships to attend high school and university. Each student will receive a seven-year scholarship (three years of high school and four years of university) that includes support for books, food, housing, and uniforms or clothing. With an education, a young girl has the power to break out of the poverty cycle. And as she does so, she will channel her resources to create better prospects for those closest to her-her family and her community. Improve her life and many more will bene t.

4 61 percent of Vietnams ethnic minority people were still living poverty in 2004, Vietnam Living Standard Survey 1993 and 1998, Vietnam Household Living Standard Survey 2002 and 2004 conducted by the General Statistics O ce (GSO) http://siteresources.worldbank.org/INTVIETNAM/Resources/Ethnic_Minority_Poverty_in_Vietnam7.doc.

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Higher Education in Vietnam Due to Vietnams impressive economic growth over the past decade, the country has become increasingly integrated into the world economy. To sustain this, Vietnam needs a skilled workforce, yet over 70% of university graduates require retraining to do their jobs5 and there is a serious shortage of managerial and leadership skills at all levels. Consequently, most companies and employment agencies identify lack of human resource capability as one of the major barriers to development in Vietnam. To overcome this hurdle, maintain the countrys economic progress, and capitalize on its commercial potential, Vietnam needs to develop the pro ciency of its entire management base, from the new graduate entrants to the senior executives and CEOs. With the right skills and training, these executives will move Vietnam from a raw resource export and labor-intensive, manufacturing-based economy to a diversi ed, globally-oriented economic engine.

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A Look Ahead

Building Leadership Capacity through Education

The International Management Initiative of Vietnam (IMIV) will be a leading not-for-pro t learning institute for executive education and professional development, promoting excellence in leadership and management. This VCF initiative to build capacity in business leaders and managers has been accepted as a Commitment to Action within the Clinton Global Initiative. The IMIV will seek to join a worldwide network of Management Institutes, already operating successfully in other countries, from which the IMIV will draw on for proven, innovative ideas and practices. The IMIV will support and develop the management profession in all its forms by promoting international best practices at all levels of private business and public governance, as well as providing a long-term partner and community for managers and business leaders at all stages of their career. These goals will be accomplished through: - Public executive education and management development programs - Tailored business education solutions for organizations and companies - Professional development resources for individual leaders and managers - Knowledge sharing among peers and updates on the latest management concepts - Events, seminars, networking opportunities, and interest groups Speci cally, the IMIV will provide quality management education programs not currently available in the country at a level that is integral to the development of Vietnams current and future business leaders. We will focus on the following groups: - Graduates and New Entrants to the Work Force: Converting academic knowledge into work skills to increase productivity within the early months of employment. - New Managers: Equipping recent appointees to a management position at team leader or supervisor level (but lacking management experience) with the skills to do their job. - Middle and Senior Managers: Executive education programs for ongoing development of key business skills and to help stay abreast of advances in the management eld. - Senior Executives and CEOs: Innovative senior executive courses from renowned learning institutions for the leaders of business in Vietnam. What We Have Achieved A permanent Project Director and Program Manager were appointed in 2009. Agreements have now been drawn up with key local partners and appropriate international academic institutions that enable IMIVs initial programs and events to be launched in June 2010.

5 2007 World Bank survey found that 60 percent of new Vietnamese graduates need retraining once they start working, with gures reaching 80-90 percent in high-tech industries, Viet Times, 2008, http://www.viettimes.net/blog-entry/vietnam-education-crisis

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FINANCIALS
STATEMENT AND ACTIVITES - AUDITED
2007 2008 2009

REVENUES:
DONATIONS IN CASH PARTNER DONATIONS DIRECTLY TO HOSPITALS TOTAL REVENUES

$317,348 $11,336 $328,684

$644,611 $28,235 $672,846

$467,936 $24,737 $492,673

PROGRAM EXPENSES:
BUILDING CAPACITY FOR CARDIAC CARE BUILDING CAPACITY FOR LEADERSHIP HEARTBEAT VIETNAM KHANH HOA PEDIATIC HOSPITAL PROJECT CAUSE MARKETING PRODUCTION COSTS

$68,029
-

$48,383 $122,969 $430,755 $800

-

$142,955
-

$268,117
-

$391,671 $7,238 $13,286 $555,150

TOTAL EXPENSES

$336,146

$602,907

TOTAL NET ASSETS:

$- 7,462

$69,939

$- 62,477

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PROGRAM EXPENSES 2007

Onsite Training 0.51% Outreach Clinics 0.1% Family Grants 2%

Equipment Donation 20% Heartbeat Surgeries 78% K.H. Hospital 0.13% Continuing Care 1%

Onsite Training 1%

Family Grants 1%

2008
Equipment Donation 5% Outreach Clinics 1% Telemedicine 2%
MBA School Initiative 20%

Heartbeat Surgeries 69%

2009

Continuing Care PALS Training K.H. Hospital 2% 3% 2% Onsite Training 3%

Equipment Donation 16%

Family Grants 1% Outreach Clinics 5% Telemedicine 10%

Heartbeat Surgeries 58%

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FINANCIALS

$0
100%

ADMINISTRATIVE, FUNDRAISING & OVERHEAD COSTS*

OF ALL DONATIONS GO DIRECTLY TO SUPPORT OUR PROGRAMS

100%

MATCH FOR ALL DONATIONS TO HEARTBEAT VIETNAM PROGRAMS

* All administrative and fundraising expenses are underwritten by the VinaCapital Group companies.

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DONORS

Thank you to our visionary donors. We are so grateful for your support.
Nguyen Duc Bao Canadian Chamber of Commerce in Vietnam Children Action Dr. Hans Messer Foundation Giving It Back to Kids George Johnson Don Lam Ngo Thanh Van Johnny Tri Nguyen Nguyen Hong Nam Tan Whai Oon Lee Donald Taicher Brook Taylor Tu Thi Thanh Tam Wharton Business School Alumni Conference Katherine Yip-Geicke YuMe.vn

A special thank you to our founding donor

The VinaCapital Group

Corporate Donors

Admax Network Bao Viet Insurance Caravelle Hotel Chicilon Media Co., Ltd. Cong Ty Duy Tan Plastic JSC FV Hospital Grant Thorton (Vietnam) HerVietnam Hilton Hanoi Opera Hong Kong Business Association of Vietnam Mitsui O.S.K. Lines (Vietnam) Ltd. Mvenpick Hotel Hanoi Nam Quang Tuition Centres Navigos Group Olympus Ogilvy & Mather Vietnam Omni Saigon Hotel OPV Pharmaceutical Co., Ltd PricewaterhouseCoopers Vietnam Purple Asia So tel Legend Metropole Hanoi Sud-Est Production TNHH H2O TNHH MTV CKNH Dong AAA TNHH Toan My Phu Tu D.A.N. Jewelry Company Vietnam Online Network (VON) VinaCapital Employee Giving Campaign VinaCapital Group VinaCapital Investment Management VinaCapital Land VinaCapital Real Estate YuMe.vn

Event Donors

An Phu Mekong Merchant Bazaar Canadian Chamber of Commerce in Vietnam, Annual Golf Tournament Flaunt Fashion Show Saigon South International School Charity Bazaar Society of Petroleum Engineers, Annual Golf Tournament

In-Kind Donors

Admax Network Caravelle Hotel Chicilon Media Co., Ltd. Deloitte Vietnam Dr. Nguyen Vu Nguyen FV Hospital Grant Thorton (Vietnam) HerVietnam Hilton Hanoi Opera Mvenpick Hotel Hanoi OPV Pharmaceutical Co., Ltd Ogilvy & Mather Vietnam Olympus PricewaterhouseCoopers Vietnam So tel Legend Metropole Hanoi Sud-Est Production

Canadian Chamber of Commerce in Vietnam Children as the Peacemakers Foundation Children Action Dr. Hans Messer Foundation Embassy of Canada to Vietnam Giving It Back to Kids Hanoi International Womens Club Helping Hands, Helping Hearts Highlands Mountaintop Rotary Club Hope Foundation MedShare International Thai Binh Arms Organization The Lotus Fund The Love Team VAA The Fund VietHelp Vietnam Red Cross-HCMC Chapter Wharton Business School Alumni Conference World Bank Global Development Learning Network World Heart Foundation

Individual Donors
David Anderson Randolph Austin Robin King Austin Bill Bathurst Romney Bathurst Jessica Beeson James Beng David Blackwell Bo Thi Anh Dao Stephen Brown Maureen Browne Bui Cam Van

NGO/Organization Donors & Partners

An Phu Neighbors An Phu Mekong Merchant Bazaar

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DONORS
Bui Huu Huy Bui My Chau Bui Thi Thuy Nha Bui Trinh Price Caldwell Delia Caldwell Cao Thi Cam Tu Cao Trang Cat Thanh Huong Ulana Chabon Christina Chao James Chew Tang L. Chuong Craig Cochrane Donald Colgan Janet Colgan Allie Cuadra Adrian Cundy Cung Thao Dang Bich Han Dang Hong Quang Dang Xuan Thanh Thao Dao Duc Dung Dao Ngo Kim Khanh Dao Trong Thanh Truc Robbie Davis Frederic Desbat Dinh Thi Thu Hien Dinh Thi Thuy Duong Dinh Van Son Do Chi Hieu Do Ngoc Diem Do Quang Hung Do Quoc Hung Do Thi Xuan Nhan Do Tran My Thuy Dana Doan Doan Ngoc Quang Doan Thi Huyen Tram Doan Thi Kim Anh Doan Thi Van Anh Martin Dowling Lisa Rice Duek Duong Hong Anh Duong Huu Chinh Duong Minh Thu Duong Ngoc Tuan Duong Thi Tu Le Robert Elliot Ben Escobar Mah Khen Fatt Kim Fletcher Lucy Forwood Robert Franko Eric Gershoni Michael Gray Ha Phat Phuc Duyen

Ha Thu Hien Ha Viet Tuyen Lynn Han Freddy Harteis Tuh Tai Hing Cameron Hird Andy Ho Ho Cong Vu Ho Huynh Thuy Duong Ho Thi Thanh Tam Ho Thu Hien Ho Tuong Long Chai Kian Hoan Hoang Anh Hoang Chien Thang Hoang Duc Trung Hoang Quoc Chinh Hoang Thanh Le Hoang Thi Khanh Tam Hoang Thi My Diem Hoang Thuy Tu Hoang Vu Binh Stephen Hobson Robert Hughes Huynh Le Tran Uros Ivanko George Johnson Khanh Cao Don Lam Le Anh Hao Le Chieu Vinh Le Chon Ngoc Dieu Le Dang Vinh Le Dong Vinh Le Duc Huyen Le Kim Hoang Le Minh Phuc Le Nguyen Duy Nhan Le Nguyen Hoang Bac Le Thanh Nguyen An Le Thi Kieu Oanh Le Thi Ngoc Minh Le Thi Nhung Le Thi Thanh Nhan Le Thi Thu Le Thi Thuy Trinh Le Tran Trung Le Van Cong Eric Leong Tan Hock Liang Jason Vinh Hao Lien John Lim Seth Lim Luong Van Nhu Kenny Lutz Ly Hong Trang Ly Trieu Van

Fiochra MacCana Hunt Gia Macnguyen Jeannie Mai Olivia Mai Joshua Matthews Sue McGregor Don McLeod Bruce McWilliams Mark Minford Jason Ng Ngo Thanh Van Ngo Thi Phuoc Hanh Ngo Thi Thanh Nga Nguyen Anh Tuan Nguyen Dat Diana Nguyen Nguyen Dinh Thien Nguyen Duc Bao Nguyen Duc Duong Nguyen Duc Huong Nguyen Duc Thinh Nguyen Duy Nhan Nguyen Hanh Chi Nguyen Hoai Phung Nguyen Hoang Mai Nguyen Hong Nam Nguyen Hong Nhung Nguyen Huu Thanh Nguyen Huyen Thien Huong Jenny Duyen Nguyen Johnny Tri Nguyen Nguyen Le Hoang Sa Nguyen Minh Phuong Nguyen Ngoc Huy Nguyen Ngoc Linh Phuong Nguyen Ngoc Minh Nguyen Nhat Binh Nguyen Phan Hoa Binh Nguyen Quang Nguyen Quoc Tri Nguyen Si Toan Nguyen Tan Dung Nguyen Thai Dung Nguyen Thanh Hang Nguyen Thanh Huyen Trang Nguyen Thanh Tuan Nguyen The Anh Nguyen The Cam Hoan Nguyen Thi Bao Tram Nguyen Thi Bich Chau Nguyen Thi Dao Nguyen Thi Dung Nguyen Thi Ngoc Duyen Nguyen Thi Nhu Nguyen Thi Phuong Thuy Nguyen Thi Thanh Hue Nguyen Thi Thanh Tam

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Nguyen Thi Thu Ha Nguyen Thi Thu Hang Nguyen Thi Tuong Nhu Nguyen Thien Lap Nguyen Thu Phuong Nguyen Thuy Linh Ti any Nguyen Nguyen Tran Nguyen Tran Anh Chi Nguyen Trung Nguyen Van Nguyen Nguyen Van Cuong Nguyen Van Toi Nguyen Viet Cuong Nguyen Vo Van Dung Winston Nguyen Nguyen Xuan Chau Ninh Quoc Do Stephen OGrady Ubbo Oltmanns Alex Pasikowski Marie Helene Perron Alan Thien Pham Pham Do Chi Pham Hai Dang Pham Lan Anh Pham Nhu Binh Pham Thanh Huong Pham Thi Ngoc Huong Pham Thi Thuy Chung Pham Thuy Ha Pham Van Trung Pham Y Nhi Phan Hieu Trung Phan Hong Quan Phan Lan Anh Phan Loan Phuong Phan Phuong Phan Thi Kim Hao Phan Thi Lan Phan Thi My Phuong Phan Thi Thao Nguyen Phan Thi Thuy Hanh Phan Thuy Hoang Anh Phung Ngoc Hai Yen Phuong Thu Hien Kate Masterman Pimmel Katharina Mannino Pollock Quach Minh Due Gina Petruzzelli Reckard Leong Lai San Helen Savory Lauren Scott Michelle Seltzer Denny Setiawan Anne Sousa Maureen Tai

Lee Donald Taicher Edwin Tan Brook Taylor Thai Viet Anh Vin Thai Than Trong Quy To Nguyen Thuc Doan Ton That Cam Nhan Michel Tosto Tran A Thu Tran Anh Tuan Tran Hoang Anh Thu Tran Huu Cuong Tran Le Anh Thu Tran My Ha Tran Quang Khang Tran Quoc Thanh Tran Tam Thu Tran The Sinh Tran Thi Bich Ha Tran Thi My Uyen Tran Thi Ngoc Anh Tran Thi Ngoc Yen Tran Thi Nha Ca Tran Thi Thuy Duong Tran Thi Thuy Hanh Tran Thi Kim Hong Tran Thi Minh Hien Tran Thi Thanh Thao Tran Thi Van Quynh Tran Trung Thuan Tran Tuan Anh Tran Van Thanh Tran Vu Anh Trinh An Binh Va Ngoc Trinh Hoai An Trinh Le Minh Truong Le Hong Truong Thai Binh Truong Thanh Minh Truong Thi Minh Hanh Truong Thi My Linh Truong Thu Hang Truong Van Bang Tu Thi Thanh Tam Hannes Valtonen Van Thanh Vinh Jay Bacalso Villaver Vo Dong Binh Vo Hoang Kieu Qanh Vo Minh Hong Nga Vo Nguyen Hien Vu Dinh Tam Vu Hoai Phuong Vu Hoat Vu Khanh Thuy Vu Thanh Ha

Vu Thi Minh Tuyet Yong Wen Wei Barry Weisblatt Anya Burghes-White Steve Burghes-White Diana Williams Raymond Wong Amy Wu Eugene Wu Katherine Yip-Geicke Heather Young

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CONTRIBUTORS MEDICAL PROFESSIONALS

James L. Cox, M.D. Washington University School of Medicine, USA Niv Ad, M.D. Inova Heart and Vascular Institute, USA CONTRIBUTORS John D. Puskas, MD Emory University School of Medicine, USA Robert Guyton, MD Emory University School of Medicine, USA Thomas A. Vassiliades, Jr., MD Emory University School of Medicine, USA Richard Jonas, MD Childrens National Heart Institute, USA Gerald Martin, MD Childrens National Heart Institute, USA David Stockwell, MD Childrens National Heart Institute, USA Constantine Mavroudis, MD Cleveland Clinic, USA James S. Tweddell, MD Childrens Hospital of Wisconsin, USA Peter C. Frommelt, MD Childrens Hospital of Wisconsin, USA George M. Ho man, MD Childrens Hospital of Wisconsin, USA Tirone E. David, MD Toronto General Hospital, Canada Joseph A Dearani, MD Mayo Clinic, USA Richard Lorber, MD Fairview and Hillcrest Hospital, USA Athar Qureshi, MD Hillcrest Hospital, USA Kenneth Zahka, MD College of Cardiology and American Heart Association, USA Erle Austin, MD Kosair Childrens Hospital, USA Angela Sharkey, MD Washington University School of Medicine, USA David Balzer, MD St. Louis Childrens Hospital, USA Chuck Huddleston, MD St. Louis Childrens Hospital, USA Russell Cross, MD George Washington University Medical Center, USA Mary Donofrio, MD George Washington University Medical Center, USA Joshua Kanter, MD George Washington University Medical Center, USA Lawrence Cohn, MD Brigham and Womens Hospital, USA Patricia A. Hickey, PhD, RN Childrens Hospital Boston, USA Robert Jaquiss, MD University of Arkansas for Medical Sciences, USA Himeshkumar Vyas, MD Arkansas Childrens Hospital/UAMS, USA William Robert Morrow, MD Arkansas Childrens Hospital, USA Van Hung Dung, MD Heart Institute, Vietnam Nguyen Khac Minh Tuan, MD Heart Institute, Vietnam IN-KIND DONORS Alfred HuYong, MD The Heart Institute for Children, USA Admax Network Nguyen Vu Nguyen (Winston), MD Hope Childrens Hospital, USA Caravelle Hotel Charlene Raelson, PhD Hope Childrens Hospital, USA Chicilon Media Co., Ltd. Amy Lindmark, MD Hope Childrens Hospital, USA Deloitte Vietnam John Lindmark, MD Hope Childrens Hospital, USA FV Hospital

2009

Grant Thorton HerVietnam Hilton Hanoi Opera Hotel So tel Legend Metropole Hanoi Mvenpick Hanoi Olympus Ogilvy & Mather Vietnam PricewaterhouseCoopers Vietnam Sud-Est Production

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VinaCapital Foundation Board of Directors

Don D. Lam, CEO, VinaCapital Group and Chairman of the Board, VinaCapital Foundation Don Lam is a founding partner of VinaCapital Group, with over 15 years experience in Vietnam. He has overseen the Groups growth from manager of a single USD10 million fund in 2003 into a full-featured investment rm managing numerous listed and unlisted funds, and o ering a complete range of corporate nance and real estate advisory services. Before founding VinaCapital, Mr. Lam was a partner at PricewaterhouseCoopers (Vietnam), where he led the Corporate Finance and Management Consulting practices throughout the Indochina region. Mr. Lam has also held management positions at Deutsche Bank and Coopers & Lybrand in Vietnam and Canada. He has a degree in Commerce and Political Science from the University of Toronto, and is a member of the Institute of Chartered Accountants of Canada. He is a Certi ed Public Accountant and holds a Securities Licence in Vietnam. Brook Taylor, COO, VinaCapital Group and Treasurer, VinaCapital Foundation Brook Taylor has over 18 years of management experience, including eight years in Vietnam as a senior partner with major accounting rms. Previously, Mr. Taylor was deputy managing partner of Deloitte in Vietnam and head of the rms audit practice. He was also managing partner of Andersen Vietnam and a senior audit partner at KPMG. Mr. Taylor has expertise spanning nancial audits, internal audits, corporate nance, taxation, business planning and IT systems risk management. He has a B.A. in Commerce and Administration from Victoria University of Wellington, New Zealand, and is a member of the New Zealand Institute of Chartered Accountants. Nguyen Thi Anh Chi, Investor Relations Manager, VinaCapital Group and Secretary, VinaCapital Foundation Chi Nguyen is currently Investor Relations Manager at VinaCapital. She has been involved with the VinaCapital Foundation since 2005 through various charity programs. Prior to joining VinaCapital, she was an accountant at the WBKA accounting rm in the US. Mrs. Nguyen has a Master of Science in Accounting from the University of Baltimore, USA. Nguyen Hong Nam, Founder and Managing Director, NQT Education Centres Nam Nguyen is founder and Managing Director of NQT Education Centres, one of Australias largest privately owned education companies. Nam is also the o cial local partner of the Department of Education and Training (Sydney) and the NSW Adult Migrant English Service, where he is responsible for bringing the rst accredited online English language training programs to Vietnam. Nam is a co-founder of VietHelp, a non-pro t organization in Australia dedicated to funding education and development projects for orphaned children in Vietnam. Nam is also involved with the Melbourne-Ho Chi Minh City Young Artists Grant Program, an initiative of Melbourne Citys local government. Nam is a graduate of Monash University in Melbourne. Pham Ngoc Trai, Chairman, Pepsico Indochina Trai Pham is founder and Chairman of Global Integration Business Consultants (GIBC) and has had more than 30 years of diverse experience in various FMCG businesses including state-owned enterprises, jointventures, and foreign companies, spanning across Vietnam and neighboring countries such as Thailand, Singapore, India, Cambodia, Laos, and Guam. He is also former President & CEO of PepsiCo Vietnam and Southeast Asia and ultimately became Chairman & CEO of PepsiCo Indochina and Vice-President Corporate A airs ASEAN until early 2010. Amongst his many exceptional achievements, Trai, together with his management team, won the DMK Award four years in a row (2005-2008), recognizing their unique global market achievements. Welded with his personal belief A Great Company A Good Corporate Citizen, Trai has encouraged his companies to support social and community causes and has held various leadership positions in several social organizations.

Robin King Austin, CEO and Executive Director, VinaCapital Foundation 34

Robin King Austin, CEO and Executive Director, VinaCapital Foundation As the visionary and motivator behind the VinaCapital Foundation, Robin dedicates her passion and drive to making a change in childrens lives. She conceived of VCFs mission and since its inception in 2006, has led the e ort resulting in saving and improving the lives of thousands of poor Vietnamese children. Robin leads the sta of VCF with one special rule: She doesnt want any child to su er because we move too slowly. She has created an organization where program managers are empowered to move quickly to respond to childrens needs. Robin co-founded VCF after a two-year stint as Development Director of East Meets West Foundation in Ho Chi Minh City. She has also held posts in North Carolina as executive director of a retirement community; community relations, PR and development for a small rural hospital in the midst of a big expansion; and project manager for a conservation-based development. Her experience also includes 40 years of fundraising and humanitarian and volunteer work. She is a past president and district leader of Rotary in North Carolina. Mimi Vu, Director of Development Mimi Vu joined the VinaCapital Foundation as the Director of Development in February 2009 after two and a half years as the development o cer for the East Meets West Foundation. Previously, she spent six years in New York City and Paris, where she worked in public relations, development, and advocacy for nonprofits such as the International AIDS Vaccine Initiative, the Council of Fashion Designers of America, and the Fund for Public Health in New York. Mimi has undergraduate degrees in English Literature and French from the University of Michigan and an MPA in International Nonpro t Policy and Management from New York University. Rad Kivette, Development Consultant, Major Gifts Rad Kivette is a consultant who has worked closely with a number of foreign governments, NGOs, and major corporations including the Vietnamese Ministries of Education and Training, the World Bank, and the Asia Development Bank. Rad has experience in organizational development, program creation, and fundraising. He is knowledgeable on ethnic minorities, womens issues, health, and education for underserved areas. Rad, who completed his graduate work at the University of North Carolina-Chapel Hill, got his start in management at Hanes Hosiery in Winston Salem, NC. He later operated his own mill. After visiting Croatia and Bosnia on a humanitarian mission, he sold his business and became the executive vice president of Samaritans Purse International Relief, one of the largest NGOs in the world, for 12 years. He eventually started an organization that concentrated on Southeast Asia and moved to Vietnam. He joined East Meets West Foundation in 2006 and became Director of Development afterwards. In 2009, Vietnam awarded Kivette the Medal of Peace and Freedom Among the Nations, the highest honor given a foreigner for his development work in the country. Lisa Rice-Duek, Clinical Consultant for PALS, Infection Control Training, and Equipment Programs After completing Nurse Training in the UK in 1996, Lisa commenced her career in Bath and London as an emergency room and operating theater nurse. She also worked in the Infectious Diseases Unit of the Royal Free Hospital while studying at the London School of Hygiene and Tropical Medicine. Lisa then spent four years in Paris as a nurse at the British and American Hospital while studying Public Health at the Marie Curie University of Paris. In 2000 Lisa completed a mission for Mdecins Sans Frontires in northern Georgia, where she headed a refugee vaccination campaign for Chechen refugees. In 2002 she commenced her Asian adventure as part of the start-up team for the Franco-Vietnamese Hospital (FV), HCMCs rst international hospital. Lisa worked as the hospitals Manager of the In- and Out-Patient Departments for four years, where she oversaw a team of 50 nurses and paramedical sta and trained them to international standards.

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Nguyen Thi Bich Chau, Heartbeat Vietnam Program Manager A talented, multilingual asset to VinaCapital Foundation, Chau is passionate about her position in VCF and the role she plays in assisting poor Vietnamese children to achieve their potential. Since joining the East Meets West Foundation in 2005, she has proven her ability to coordinate large-scale charity activities, liaising, and fundraising while acting as an e cient administrator for the foundations many projects. Chau has been with VCF since its inception and has been at the heart of its activities managing the heart program, being the main liaison between the foundation and provincial health authorities, and playing a major role in PR and fundraising activities. Prior to her move into the humanitarian sector, Chau completed language studies at the University of Social Sciences, HCMC, and spent several years teaching Vietnamese to various multinational companies, as well as working as a Japanese translator. She also has been trained and worked as a professional MC at John Robert Powers Vietnam. Nguyen Anh Tuan, Capacity and Outreach Programs Manager Tuan joined the VinaCapital Foundation in October 2008 and is very passionate about his work with the organization. He serves as the liaison for medical teams and local authorities for the outreach clinics, telemedicine series, medical training, and other equipment support program for hospitals. Mr. Tuan completed language studies at the University of Social Sciences and Humanities in Ho Chi Minh City. Prior to joining VCF, he worked for several years as a social worker in the education and medical elds for other NGOs such as the Christina Noble Childrens Foundation and Room to Read. Nguyen Minh Phuong, Education Programs and O ce Manager Minh Phuong joined the VinaCapital Foundation in October 2009 after one and a half years of working for East Meet West Foundation as O ce Manager. She nds the work with the organization very interesting and rewarding. She is responsible for administrative, logistical functions, and HR issues for the foundation team. She also works on education programs to provide scholarships for ethnic minority girls and exemplary students from Heartbeat Vietnam. Minh Phuong has several years of working in education management. She has a Bachelor of Art in teaching English as a Foreign Language. Vu Thanh Binh, Public Relations and Accounting Manager Binh graduated from the Social Sciences and Humanities University in Ho Chi Minh City with a degree in German and English languages. Prior to joining VCF, Binh worked as the PR manager for the Phu My Hung Corporation as well as the East Meets West Foundation. Binh was also an editor for SCTV television station in Ho Chi Minh City. Binh brings a wealth of experience in commnunications management to VCF, and serves as VCFs media and press liaison.

Program Assistants

Tran Quoc Thanh, Program Assistant, Heartbeat Vietnam Thanh joined the VinaCapital Foundation as the Program Assistant of Heartbeat Vietnam in June 2009 after over four years as Development Assistant for East Meets West Foundation. Thanh is charge of working with heart families and patients before and after the operation regarding heart surgery budget, family grants, blood drives, and the continuing care program. Nguyen Thi Thanh Hue, Program Assistant, Heartbeat Vietnam Nguyen Thi Thanh Hue graduated from the University of Economics in Ho Chi Minh City in September 2009. She studied foreign trade and after graduation completed internships with two major export companies in Vietnam. Initially, Hue joined VCF to gain new experience working in a dynamic and professional environment and to help improve her English skills, but quickly fell in love with the children and their happy smiles after surgery.

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Outstanding and Incredible Advisors, Consultants, and Volunteers

Suzanna Lubran, Project Manager, Childrens Hospital Project Suzanna has over 25 years experience of large-scale, high-pro le urban renewal projects across the UK and speci cally, the project management and delivery of comprehensive mixed use developments. She is associated with a number of projects including the redevelopment and the restoration of St Martin-in-theFields, a world-famous heritage site in Trafalgar Square. Her more recent experience re ects the UK Governments preferred route for the delivery of new public buildings and infrastructure. She has led multimillion dollar Private Finance Initatives (PFI) in education and health projects for the public sector and institutional investors from Expression of Interest to Commercial Close. In her capacity as a VCF volunteer she has been closely involved in the Heartbeat Vietnam program, and is passionate about enhancing pediatric cardiac surgery and developing neonatal cardiac surgery. Nguyen Van Phan, Medical Director, Health Programs Dr. Nguyen Van Phan graduated with from medical school in 1985, and then trained for four years in a postgraduate fellowship in thoracic surgery in Vietnam followed by further studies at the Broussais Hospital in Paris, France. While at Broussasis, Dr. Phan trained in the cardiothoracic surgery department of Alain Carpentier. He received his diploma in cardiothoracic practice in Descartes University (Paris VI-France). Since 1992, Dr. Phan has been working at Heart Institute, a Franco-Vietnamese Hospital founded by Pr Alain Carpentier in Ho Chi Minh City, Vietnam. Dr. Phans special interests are in both congential and valvular disease. He has performed over 2,000 procedures, been a guest speaker, and conducted various live demonstrations throughout Southeast Asia and the US. Currently, Dr. Phan is the Chief of Cardiac Surgery Department of the Heart Institute. Le Ngoc Thanh, Medical Advisor, Health Programs Dr. Le Ngoc Thanh graduated from the Hanoi Medical University and is currently the Director of Cardiovascular Center in Hanoi. He has held various positions such as Chief of Department of Cardiovascularvand Thoracic Surgery and General Secretary of the Association of Cardiovascular and Thoracic Surgery of Vietnam. Suresh Rangarajan, MD, MSc, BBA - American Board Certi ed Adult Internist and Pediatrician Dr. Suresh Rangarajan advises the VinaCapital Foundation as a Management and Clinical Consultant. He worked as an investment banker, health care management consultant, and health policy analyst prior to his medical training. He is American Board-Certi ed in both adult internal medicine and pediatrics and is now practicing medicine in Vietnam. His wife, Tara, is the director of a joint International Labor Organization and International Finance Corporation project that focuses on labor standards within the apparel industry. They live in Ho Chi Minh City with their two sons. Pham Thi Kim Phuong, Volunteer Phuong is a recent graduate from Industry and Trade College, having majored in Business Administration with a focus on Marketing and Public Relations. She is currently studying at the University of Economics. She enjoys visiting the Heartbeat Vietnam children in the hospital, especially after surgery, because she can see directly how VCF is helping them. Volunteering at VCF also allows Phuong to meet new friends as well as improve her English writing, speaking, reading, and listening skills. Phu Dinh Hong, Volunteer Phu graduated in 2009 with a degree in Sociology from the University of Social Sciences and Humanities. He previously volunteered for Saigon Childrens Charity and was inspired to continue nonpro t work with the VinaCapital Foundation. Phus work for the foundation includes translating and editing, as well as visiting children in the hospital. He hopes that he can become a bridge between poor children and donors with the VinaCapital Foundation.

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Outstanding and Incredible Advisors, Consultants, and Volunteers

Laura Huong Phan, Branding , Communications and Design Consultant Laura has been a brand consultant in the private sector for the past ve years in Los Angeles, New York City, and Dubai, stewarding global campaigns for various clients. She has always had a strong passion for public service work been involved in various non-pro t organizations and served on a non-pro t board in New York City. Her desire to do social development work drove her to come back to Vietnam. Laura has BA degree in Communications, English and Psychology. Kathryn Arn eld, Marketing and Research Consultant Having recently moved to Vietnam from the UK, Kathryn interned with the VinaCapital Foundation and applied her public relations and marketing experience to assist with the branding and communications for some of VCFs major fundraising initiatives. Previously, Kathryn resided in Manchester, England where she worked on national and international brands within the construction, real estate, hair & beauty, and hospitality sectors. Kathryn has a bachelors degree in Communications and Media from She eld Hallam University and obtained her post-graduate diploma from the Chartered Institute of Public Relations in London. Bonnie Potts, Finance and Accounting Bonnie began her international work in Montero, Bolivia, volunteering in orphanages. After two trips to Bolivia, she was inspired to experience di erent cultures and explore working in an international setting. She is currently an intern at VinaCapital Foundation, using her experience in nance and accounting. Bonnie has a B.S. in International Business and Development. Le Thuy-Doan, Writer Thuy-Doan is a volunteer/intern at VinaCapital Foundation working on the website and communications for Heartbeat Vietnam. She previously worked as a Client Service Director of AVC Communications, a local PR company in Vietnam. Thuy-Doan was also a business reporter for the Sacramento Bee, the Los Angeles Times, and the Hartford Courant. She is a cum laude graduate from the University of Southern Californias Annenberg School of Communications, and she also studied at the University of Sussex in the United Kingdom. Thuy-Doan has degrees in Print Journalism and English Literature. Tran Mai Hoa, Translator Hoa is currently a junior at the Foreign Trade University in Ho Chi Minh City majoring in External Economics. She loves helping poor people through charity activities. Previously, Hoa volunteered with Operation Smile and Interplast as a coordinator and translator. When she is not studying, Hoa spends her free time helping VCF by translating website content, documents, and patient pro les. She also enjoys visiting Heartbeat Vietnam children in the hospital after surgery, connecting with NGOs, meeting inspiring people, and contributing a little e ort to make Vietnam and the world a better place. Morgan Minus, Writer, Graphic Designer Morgan graduated in 2008 with a Bachelor of Journalism from the Queensland University of Technology in Australia. She began volunteering with VCF during a recent trip to Vietnam, and now continues to help VCF from her home in the United States. Along with logo and brochure design, her work for the foundation also includes writing and editing copy and program proposals. Christine Nguyen, Consultant Christine graduated from Yale University in May 2009 with a Bachelor of Science in Molecular, Cellular, and Developmental Biology. She is a 2010 Fulbright Scholar. As a consultant for VCF, Christine mapped services for children with special needs in Ho Chi Minh City to better understand gaps in provision and how VCF can help address them. Her future plans include starting medical school in Fall 2010.

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Sun Wah Tower, 17th Floor 115 Nguyen Hue, District 1 Ho Chi Minh City, Vietnam P: +84 8 3821 9930

Post O ce Box 1357 Highlands, NC 28741 USA P: +1 828 446 6789