The State budget spent about 18 trillion VND (779.69 million USD) implementing social assistance policies for the elderly in the community. Specifically, more than 1.8 million elderly people received monthly allowances, over 1.4 million enjoyed allowances as national contributors, and 3.1 million are enjoying pensions and social insurance benefits. In addition, 12.1 million senior citizens currently have health insurance cards. … [Read more...] about VIETNAM NEWS JANUARY 18
Climate change in vietnam
Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Cyber incidents may have slipped to #3 globally, in Asia Pacific it ranks #1 for the second consecutive year. Elsewhere in the world, it still ranks as a top three risk in many countries, including Brazil, France, Germany, India, Italy, Japan, South Africa, Spain, UK and the US. The acceleration towards greater digitalization and remote working driven by the pandemic is also further intensifying IT vulnerabilities. At the peak of the first wave of lockdowns in April 2020, the FBI reported a 300% increase in incidents alone, while cyber crime is now estimated to cost the global economy over $1trn, up 50% from two years ago. Already high in frequency, ransomware incidents are becoming more damaging, increasingly targeting large companies with sophisticated attacks and hefty extortion demands, as highlighted in the recent AGCS cyber risk trends report. … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Environment minister talks about achievements, plans for coming years
Also since 2016, we began to move into a new period. The Government and the Politburo have had guidelines to develop new policies towards economic development without affecting the environment. This is also a very important lesson for the management of natural resources and the environment. The lesson is that if we still hold the policy of developing the economy first and fixing environmental issues later, we will have to pay a very expensive price. … [Read more...] about Environment minister talks about achievements, plans for coming years
BUSINESS NEWS JANUARY 19
Meanwhile, China’s rice imports are expected to bounce back due to a sharp increase in domestic price and unfavourable weather. China’s rising demand will offer a good opportunity for Vietnam, particularly given that the two countries have established a hotline to facilitate the trade of agricultural products which was disrupted by COVID-19. … [Read more...] about BUSINESS NEWS JANUARY 19
Insurance gap adding risk to families
In fact, throughout Quang Ngai, Tho is not alone in his plight. According to Quang Ngai People’s Committee, the storm has caused losses of about VND4.48 trillion (nearly $195 million), or 8.1 per cent of the province’s regional GDP in 2019. The storm injured 13 people, razed 325 houses to the ground, and unroofed another 140,000. What is more, it also sabotaged 450 educational establishments, 70 healthcare facilities, and over 100 communal homes, in addition to seriously damaging many roads and irrigation systems. … [Read more...] about Insurance gap adding risk to families