According to the recent "Manulife Asia Care Survey" that polled 4,000 people across eight markets in Asia, health and finance are two of the top concerns amid the pandemic. In Vietnam, 100 percent of respondents have taken personal action to improve their overall health in response to Covid-19. The survey also indicated that in Vietnam, 9 out of 10 respondents said they intended to buy insurance in the next six months, much higher than the average 71 percent across Asia. Anticipating the needs of customers, Masterise Homes and Techcombank collaborated to present "For the Ultimate Peace of Mind" - its pioneering privileged customer appreciation program. Privilege Insurance encompasses multiple values that provide customers not only with protection and peace of mind during this uncertain time but also a valuable investment in health, finance as well as the future of their family and assets. The program is available for any customer who made a successful purchase of seven projects … [Read more...] about Masterise Homes launches privileged insurance package
Satellite launched recently
Secretary General of the International Telecommunication Union (ITU) Houlin Zhao praised the proposals and initiatives of Vietnam and hoped that it would share its experiences with other ITU member countries. The ITU is a specialized organization of the United Nations established on July 15, 1947. The ITU has 193 member countries, and more than 700 associate members that are businesses, research institutions operating in the fields of telecommunications and information technology, and regional and international organizations. The ITU is an organization with the mission of maintaining and strengthening international cooperation in the fields of wireline, radio, fiber optic cable, and satellite in all member countries to enable the use of telecommunications in the most effective way. Vietnam’s role in ITU Since 1975, the Government of the Socialist Republic of Vietnam has been the sole legal representative of Vietnam to participate in the ITU. In recent years, … [Read more...] about What is Vietnam’s role in the International Telecommunication Union?
Many airlines in Vietnam have announced their resumption of domestic passenger flight routes starting Thursday, following the permission of the transport authorities as the COVID-19 pandemic is subsiding nationwide. Vietnam Airlines Group, including Vietnam Airlines, Pacific Airlines, and VASCO, has restored nearly all its domestic routes for passengers, with some 40 flights scheduled for October 21 to 30, a representative of the group has said. The number of restored routes is equivalent to that operated by the group before the pandemic’s latest wave, which hit the country in late April. The group expects to launch more than 90 passenger flights per day from Thursday and raise the number to some 120 from the end of October. Bamboo Airways has also announced the reopening of all its local routes, with 17 return services between Hanoi and other localities and 15 others linking Ho Chi Minh City with other destinations. The airline will additionally launch other flights for … [Read more...] about Vietnam reopens all local flight routes as COVID-19 eases
Funding is empowering SMEs amid difficult access to bank loans. The Japan International Cooperation Agency (JICA) on October 20 signed a US$75 million loan agreement with Vietnam Prosperity Joint Stock Commercial Bank (VP Bank) to fund micro, small and medium-sized enterprises (MSMEs). Toyama Tatsuya, General Director of Sumitomo Mitsui Banking Corporation (SMBC) Vietnam (1 st left), Chief Representative of the JICA Vietnam Office Shimizu Akira, and Vo Hang Phuong, Head of Financial Institutions and Transaction Banking, VP Bank, at the signing ceremony on Oct 20. Through the Private Sector Investment and Finance (PSIF), the loan is in line with the “Initiative on Overseas Loan and Investment for ASEAN” announced by the Government of Japan in 2019 and is implemented by utilizing the “Facility for Accelerating Financial Inclusion in Asia: FAIA.” The loan is co-financed with the Sumitomo Mitsui Banking Corporation (SMBC) and is JICA’s first PSIF project in … [Read more...] about JICA, Sumitomo Mitsui offer US$75 million to Vietnam SMEs