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PVI Insurance has been awarded the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023" by International Finance Magazine (IFM). — Photo courtesy of PVI Insurance PVI Insurance Corporation (PVI Insurance) proudly achieved remarkable recognition on Wednesday, as the sole insurance enterprise in Viet Nam honoured in the prestigious "International Finance Insurance Awards" by the United Kingdom's International Finance Magazine (IFM). PVI Insurance received the esteemed title of "World’s Most Innovative Non-life Insurance Company 2023". The International Finance Awards are renowned for celebrating organisations that have demonstrated exceptional accomplishments and advancements across various sectors worldwide. In insurance industry, the award acknowledges the companies that are dedicated to safeguarding the interests of customers globally. Earlier in February, PVI Insurance also became the first and only company in Viet Nam to receive an excellent A- … [Read more...] about PVI Insurance awarded “Most Innovative Non-Life Insurance Company 2023” from International Finance Magazine

The drought-stricken Kwan Phayao Lake in Phayao province in northern Thailand in May 2023. (Photo: bangkokpost.com) Bangkok (VNA) – Thailand’s Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said drought, floods and other extreme weather exacerbated by climate change could cause damage worth 36 billion THB (1 billion USD) to the Thai economy this year. Kriengkrai Thiennukul, chairman of the Federation of Thai Industries (FTI), a key member of the JSCCIB, stressed that water scarcity caused by drought is the committee's leading concern because it could have a massive impact on both the agricultural and manufacturing sectors, hampering already sluggish exports. According to the Commerce Ministry's latest data, in the first four months of 2023 Thai exports decreased by 5.2% year-on-year to 92 billion USD, while imports fell by 2.2% to 96.5 billion USD, resulting in a trade deficit of 4.51 billion USD. drought , hoping to work with the … [Read more...] about Thailand forecasts huge losses caused by climate change

The national football team players are training in preparation for FIFA Days this month. Their matches will be broadcast by FPT Play. (Photo courtesy of VFF) Hanoi (VNS/VNA) - FPT Play and the Vietnam Football Federation (VFF) have announced that they would cooperate on the broadcasting rights of all national teams' matches for the next four years. The cooperation agreement originated from a common vision in developing Vietnamese football . This event not only marked a milestone in the effort to mobilise resources for football, but also reaffirmed the role of FPT Play, a leader in the field of media rights, in contributing to the growth of the national teams. Following their comprehensive and long-term deal, all matches of the Vietnamese squads which are organised within the territory of Vietnam that VFF owns the television rights to will be produced and broadcast by FPT Play . The national leading multi-platform digital television provider under FPT Telecom will … [Read more...] about FPT Play, VFF to broadcast national teams’ matches for four years

The match at the 75,000-seat Ataturk Olympic Stadium, kicks off at 10:00 p.m. (1900 GMT) in the Turkish metropolis and brings the curtain down on a season that has stretched almost into mid-June after the long interruption for the World Cup. City have spent the last decade chasing this trophy having been transformed following an Abu Dhabi-backed takeover in 2008. Also-rans before Sheikh Mansour arrived, they are now England's dominant force, fresh from winning a fifth Premier League title in six seasons. Guardiola, chasing the third Champions League crown of his coaching career, has built a side that is playing arguably the finest football of any team since his great Barcelona of a decade ago. Now they are through to their second Champions League final in three seasons, two years after losing to Chelsea in Porto, and are hoping to complete a treble after securing the Premier League and FA Cup. The last English team to win that treble was Alex Ferguson's Manchester United, … [Read more...] about Man City and Inter Milan set for Champions League final showdown

Andrea Coppola, World Bank Lead Economist for Vietnam (Photo: VNA) Hanoi (VNA) - Andrea Coppola , World Bank Lead Economist for Vietnam speaks to Vietnam News Agency about his recommendations for the country to speed up economic recovery and development in the time to come. VNA: How does the World Bank assess Vietnam’s recent economic performance? What is the forecast for Vietnam’s economy amidst current global and domestic challenges in the second half of 2023 and beyond? Andrea Coppola: Vietnam had a very strong economic performance in 2022 driven by three factors: robust exports, strong private consumption and also low base effects given the slower economic growth registered in 2021. However, during the last part of 2022, Vietnam’s economy started to face external headwinds. Weakening global demand associated with the monetary tightening that we observed in many countries in 2022 started having an impact on Vietnamese exports. As a result, economic growth … [Read more...] about Investments – key to economic growth in Vietnam: WB expert

Delegates at the 24th Meeting of the Sub-Regional Ministerial Steering Committee on Transboundary Haze Pollution (MSC 24), Singapore , June 8, 2023 (Photo: asean.org) Jakarta (VNA) – The 24th Meeting of the Sub-Regional Ministerial Steering Committee on Transboundary Haze Pollution (MSC 24) was held in Singapore on June 8. Indonesia , Malaysia, Singapore, and Thailand. The 24th Meeting of the Technical Working Group on Transboundary Haze Pollution (TWG 24) was organised prior to MSC 24. Haze Pollution Control (ACC THPC) in Indonesia and resume cooperation with internal and external parties to facilitate better prevention, monitoring, preparedness and response to the land and forest fires through strengthened local, national and regional cooperation framework./. VNA … [Read more...] about Southeast Asian nations join hands to cope with haze pollution

Maybe it’s a sure sign of getting old, but in my mind, the year 1999 doesn’t seem that far back. I was working in Liverpool, England, as Chief Reporter for the evening newspaper, and I’d get my kicks on the train journey into the office by playing ‘snake’ on my latest Nokia phone. Manchester United’s Ole Gunnar Solskjaer celebrates scoring the winning goal in the 1999 Champions League final - Photo AFP Photo The Millennium Bug was all everyone was talking about, and there was a genuine concern that at the stroke of midnight on December 31, 1999, the world was likely to implode. FYI – it never. The fabulous Prince song, 1999, released bizarrely in 1982, was, for obvious reasons, played constantly on the radio, and people actually listened to radios. Vauxhall had just brought out their new and improved version of the Vectra and the euro currency was launched with England saying a firm ‘thanks but no thanks’. In June of 1999, Manchester United manager Alex … [Read more...] about City can party like it’s 1999

Could you please share why D&I is so important? Hamzah Fazal, head of Talent, Culture & Inclusion, Vietnam Cluster at BAT D&I has evolved dramatically over the years. The world is constantly evolving, and individual identity has become critical. What this essentially means is that talents now prioritise their personal identity concurrently over their corporate identity. People now value their individual identity a lot more than they did 20 years ago, people used to adapt to the company values and identity while suppressing their own. To be relevant in this age, organisations need to create space for diverse talent with diverse identities. From the organisational perspective, diversity is what allows us to be innovative. It brings new ideas and creativity, which would not be possible with a standard or homogeneous view. It simultaneously also allows us to understand our consumers better because consumers are diverse, they have different need and wants, … [Read more...] about BAT Vietnam focuses on diversity and inclusion

A performance of "ao dai", a traditional costume of Vietnamese women, at the Hanoi Tourism Ao Dai Festival 2022. (Photo: VNA) Hanoi (VNA) – The first-ever national census on gender equality will be conducted in 2023 as part of the national-level task of studying and assessing the gender equality situation to serve sustainable development. The survey is set to cover 9,000 people in 48 communes and wards of 12 provinces and cities nationwide, heard a symposium in Hanoi on June 9. Dr Dang Xuan Thanh, Vice President of Vietnam Academy of Social Sciences (VASS), said the country has been exerting efforts to realise the commitments on gender equality, including ensuring women’s rights and implementing the Party and Government’s viewpoints and directions for gender equality promotion. In the next 10 years, Vietnam needs to have an intensive and extensive view of the gender equality situation to take effective measures for achieving gender equality targets by 2030 as part of the … [Read more...] about First national gender equality census to be conducted

In her speech, the head of the Vietnamese Delegation to the U.N., WTO and other international organizations in Geneva held that Vietnam supports ILO Director-General Gilbert F. Houngbo’s report on the promotion of social justice, as well as his efforts and initiatives for boosting employment and social security towards decent work and an equitable transition serving the realization of the goals set by the United Nations 2030 Agenda for Sustainable Development and of the ILO's mission of promoting social justice and decent employment for all. The ambassador took the occasion to brief participants on Vietnam’s significant progress in ensuring post-pandemic social welfare via the creation of jobs. The unemployment rate of local people in the working age was 2.25% in the first quarter of 2023, down by 0.07 percentage points from the end of 2022. Mai stated that Vietnam is committed to further overhauling and completing related policies and laws as well as joining hands with other … [Read more...] about Vietnam commits to ILO’s universal values: ambassador