By Bich Quyen – Translated by Anh Quan
Defined benefit plan contribution limits
HCM City (VNS/VNA) – Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential Plc , and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years.
The new agreement significantly expands the geographical scope to include the north, where MSB is headquartered, and make Prudential the lender’s only partner.
They have been collaborating since 2013 and built a highly successful bancassurance partnership which delivered a 34 percent compounded annual growth rate in annual premium equivalent between 2014 and 2020.
Under the renewed partnership, the two sides will also expand into new segments, including digital, to deliver holistic protection solutions to customers.
With a digital-focused approach that is aligned with MSB and Prudential’s plans to leverage existing digital tools such as the latter’s artificial intelligence-powered application Pulse, they hope to seize further growth opportunities.
Nic Nicandrou, Chief Executive of Prudential Corporation Asia, said: “Vietnam is an important market and source of growth for Prudential. The renewal and expansion of our long-term partnership with MSB represents a tremendous opportunity for Prudential to build on its strong presence in the market. It is a clear demonstration of our commitment to serving MSB’s customers, helping them get the most out of life with our leading suite of health and wealth solutions.”
Phuong Tien Minh, Chief Executive Officer of Prudential Vietnam, said: “Prudential Vietnam has built a highly-effective bancassurance partnership with MSB since 2013.
“We are delighted to be taking the partnership to the next level as we deliver our innovative offerings to MSB’s customers through existing as well as new channels, including digital. We look forward to continuing our strong relationship with MSB for another 15 years.”
Nguyen Hoang Linh, Chief Executive Officer of MSB, said: “We have enjoyed a very successful partnership with Prudential Vietnam and this reinforced our decision to extend the partnership and expand its scope to cover all of Vietnam.
“Together with Prudential Vietnam, we will remain focused on providing best-in-class financial and investment solutions to consumers across the country, helping them fulfil their evolving needs and providing them with a secure future.”/.
Upon addressing the ceremony, Ha Thi Nga, president of the Vietnam Women’s Union, emphasised that this year’s award ceremony was held with the aim of celebrating the 35th anniversary of the Kovalevskaya Award. In addition, the occasion serves to affirm the importance of female scientists in conducting research activities to make great contributions to the country.
Nga went on to stress that the Vietnam Women’s Union has been fully aware of its role and responsibility in research activities that aim to improve the overall quality of the female workforce, especially in terms of high-quality female human resources.
Moving forward, the association plans to devise guidelines and policies which are both appropriate and effective in order to improve the overall quantity and quality of female intellectuals.
At the award ceremony, former Vice President Nguyen Thi Doan expressed her hope that female scientists will seize upon opportunities to climb the social ladder through their research activities whilst greatly contributing to the country through participating in scientific research products.
This year’s award has been presented to a group of scientists from the VAST, along with those from Hanoi Medical University, for their outstanding achievements in the field of scientific research, with their work in natural science research particularly notable.
The Kovalevskaia Award was named after the Russian mathematician Sofia Kovalevskaia and was first presented in the nation in 1986, becoming the first national award for female scientists in the process.
Over the past 35 years, the award has been presented to 20 different organisations and 49 individuals across various fields, such as mathematics, physics, chemistry, biology, agriculture, medicine, and information technology.
The pair were presented with the Shining Star Achievement in the Research category during an online awards ceremony held at 7 a.m. on December 9.
The Shining Star Achievement in Research award is given in recognition of influential scholarly contributions in any discipline, typically in the form of scholarly journal articles that are published, or alternatively books, book chapters, or other expressions of scholarly collaboration.
Prof. Tran Xuan Bach was born in 1984 and is currently vice head of the Health Economics Department at Hanoi Medical University.
He possesses extensive experience in relation to research, surveillance, and evaluation of global health threats in the Asia-Pacific region. His work has won him numerous international and domestic awards in the past, including the Hopkins Center for AIDS Research’s International Research Award.
He has also published over 300 papers in a number of highly regarded international journals, including The Lancet, Bulletin of the World Health Organization, and AIDS and Behavior.
Most notably, Prof. Bach is the youngest professor in recent decades to work at Johns Hopkins University in the United States, the world leader in terms of public health. According to details released by the university, he has extensive experience in advising various U.N. agencies, international organisations, and governments on issues such as global health and development in Southeast Asia.
Meanwhile, born in 1975 Prof. Tran Thi Ly was previously employed as a lecturer at Hue University, although she is currently working at the Faculty of Arts and Education at Deakin University in Australia.
First arriving in Australia in 2001, Prof. Ly has gone on to produce extensive research on the international education sector, including writing the first English-language book on Vietnamese higher education. She has won more than 30 awards, prizes, scholarships, and grants for research, including the prestigious Australian Research Council (ARC) Future Fellowship for her work on the Australian Government’s New Colombo Plan.
Elsewhere at the event, British national Professor Elspeth Jones was honoured with the North Star Medal for Lifetime Achievement. In addition, Professor Raphael Pangalangan of the Philippines and Yao-Tai Li of Hong Kong were named as the winners in the Rising Star Emerging Scholar Certificate category.