Business continuity and disaster recovery

In Việt Nam, around 200,00 patients suffer a stroke each year, with 70 per cent of stroke patients requiring rehabilitation, according to Dr. Nguyễn Huy Thắng, head of the People’s 115 Hospital’s Cerebrovascular Disease Department. … [Read more...] about Lack of post-stroke rehabilitation facilities affects patient recovery

According to a World Bank report on Viet Nam's economy released earlier this month, the country is in an excellent position to pull off a strong recovery as GDP growth for the last quarter of last year accelerated to 4.5 per cent, making it one of the fastest-growing economies in the world. … [Read more...] about VN eyes strong recovery from pandemic this year

The European Union is the world’s second largest importer of goods with annual import value reaching almost US$2.34 trillion. Prior to August 1, 2020 when the EVFTA took effect, Vietnam accounted for only two percent of the EU’s import value, and only 42 percent of all Vietnamese exports to the EU enjoyed a zero percent tax in accordance with the Generalized System of Preferences (GSP). The EVFTA will gradually zero out most tax lines on Vietnamese exports and greatly help Vietnam increase exports to the EU. … [Read more...] about Efficient EVFTA implementation contributes to economic recovery

As for increasing reinsurance costs, in recent years, since Vietnamese insurance companies have suffered big losses, particularly in asset insurance, international reinsurers have increased the reinsurance prices. This trend is forecast to continue in medium- and long-term, affecting the capacity of non-life insurance, according to the SSI’s report. … [Read more...] about Insurance industry continues good trends in 2021

Hanoi (VNA) - Vietnam’s 2021 GDP growth is projected at 5.49 percent in the normal scenario, 6.9 percent if the current situation gets better, and 3.48 percent in the worst-case scenario, according to the Vietnam Institute of Economics under the Vietnam Academy of Social Sciences (VASS). The real growth rate will depend on the world economic situation and the capacity to absorb FDI, the “Vietnam Economic Overview 2020: Promoting innovation-based economic growth” conference held by the institute on January 19 heard. VASS President Bui Nhat Quang said the COVID-19 pandemic strongly affected economic growth around the world in 2020, with most major economies posting contractions. Vietnam, however, achieved the twin targets of disease prevention and socio-economic recovery and development. It posted economic growth of 2.91 percent, the lowest since 1986, when its “renewal” process began, but higher than the figure posted in many other countries in the … [Read more...] about GDP growth to reach 5.49 pct. in normal scenario in 2021: Economics Institute