Dai-ichi Life Group sailing through the fog of uncertainty Dai-ichi Life Group has reported stellar performance thanks to successful crisis response efforts. As of March 31, the group reported a total premium income of around $43 billion, with investment income reaching nearly $24.65 billion. Thanks to cost-effective operations and concerted strategic business plan, Dai-ichi Life Insurance Co., Ltd.’s ordinary profit was recorded at nearly $5 billion while net income per share was around $3, 11 times higher than that of last year. The group owns total assets of more than $578 billion. This year also marks an important tour de force for the Japanese group, when TAL Dai-ichi Life Australia Pty., Ltd. acquired Westpac’s life insurance business in Australia for a cash consideration of around $660 million plus adjusted net worth on completion. Westpac is Australia’s first bank and oldest company, and Dai-ichi Life was delighted to be partnering with one of Australia’s largest and … [Read more...] about Dai-ichi Life Group sailing through the fog of uncertainty
Boston consulting group digital transformation
YouTubers can make money if they have one million or more followers. Can theatres and art troupes do this? Minister of Culture, Sports and Tourism Nguyen Van Hung This was the question raised by Minister of Culture, Sports and Tourism Nguyen Van Hung at a forum on "The impact of the Covid-19 pandemic and the drastic actions by the culture, sports and tourism sector". Le Minh Tuan, Deputy Head of the Department of Performing Arts, said the pandemic has become so serious that it has gone beyond a traditional crisis. It has posed challenges to the performing arts. However, the agency has changed the way of thinking and approach in performing art works. It has encouraged art troupes across the country to arrange and perform art programs with attractive content, eye-catching design and reasonable duration on technological platforms, such as YouTube and other social networks to attract a large audience. The head of the Ministry of Culture, Sports and Tourism (MCST) recognized … [Read more...] about Can Vietnamese theatres make money online?
Vietnam Airlines completes longest flight for transporting vaccines A flight of Vietnam Airlines transporting COVID-19 Abdala vaccine from Cuba to Vietnam safely landed at the Noi Bai International Airport on September 26. With a total length of more than 17,000 km, and 20.5 hours of flying, this is the longest flight so far that Vietnam Airlines has operated to transport vaccines. The vaccines on the flight, which used wide-body aircraft Boeing 787-9, were kept in specialized equipment, and handed over to the authorized agency immediately after landing. Cuba's Abdala vaccine is considered one of the world's most effective COVID-19 vaccines. Previously, the Ministry of Health had conditionally approved this vaccine for emergency use in preventing and controlling the COVID-19 pandemic in the country. As a national flag carrier, Vietnam Airlines plays a key role in transporting COVID-19 vaccines. Since early 2021, with its fleet and extensive network of routes, … [Read more...] about VIETNAM NEWS HEADLINES SEPTEMBER 27
Vietnam’s tuna exports to EU see strong surge thanks to EVFTA Vietnam exported 15,870 tonnes of tuna worth 73.33 million USD to the European Union in the first half of 2021, up 39.3 percent and 31.6 percent, respectively, against the same period last year, according to a journal published by the Ministry of Industry and Trade (MoIT). The tuna shipments accounted for about 15.1 percent of Vietnam’s total seafood export value to the EU. In the second quarter of 2021, the country shipped 9,360 tonnes of tuna to this market, raking in 45.05 million USD, up 43.9 percent in volume and 59.3 percent in value from the previous quarter. The surges were attributed to tariff reductions granted to Vietnam’s tuna products under the EU-Vietnam Free Trade Agreement (EVFTA), which took effect on August 1, 2020. According to the MoIT, Vietnamese tuna was sold at 4.62 USD per kg on average to the EU in the first six months of the year, down 0.27 percent year on year. The global tuna prices … [Read more...] about VIETNAM BUSINESS NEWS SEPTEMBER 25
Sustainability is central to Bayer’s group strategy and an integral part of them company’s business strategies. The company’s innovations, products and services enable it to contribute significantly towards meeting the Sustainable Development Goals set by the United Nations. Both innovation and sustainability are crucial to achieving Bayer’s vision: “Health for all, hunger for none”. Since the COVID-19 outbreaks emerged, Bayer has accelerated this vision more and more. Although the goal will not be achieved overnight, it sets the foundation for Bayer’s future and serves as the mark by which it can measure all activity across the company. In particular, with scientific expertise and innovative strength, Bayer is convinced that it can make a significant contribution to address the global challenges of food security and health. Variety of efforts As Vietnam deals with the pandemic, Bayer has been working hard to bring the vision to bear in the country. Vietnam, like … [Read more...] about Bayer promoting sustainable Vietnam healthcare and agriculture
Phu Yen has drawn up a careful planning to preserve its beautiful seaside vista Pham Dai Duong, Secretary of Phu Yen Party Committee, was on a field trip for the planning survey by helicopter in May, leading the working group with leaders from Phu Yen People’s Committee, relevant agencies, and consultants. There, he explained the concrete orientations for Phu Yen’s general planning. “It is important to analyse the actual state of agricultural areas like rice, sugar cane and cassava, as well as forestation and aquaculture. From there, we can make suitable proposals and find planning options that fit the local situation,” said Duong, adding that the development of industries like tourism, real estate, and agriculture is deemed decisive in outlining the province’s general planning to best exploit its bountiful potential and advantages. Right after the field survey, Phu Yen’s leaders attended meetings with sponsors and consulting agencies on the outline of the province’s general … [Read more...] about Lifting Phu Yen development thanks to sound planning