Insurance natural disasters

Hanoi (VNS/VNA) - Vietnam reported about 700,000 cases of acute malnutrition each year, of which about 230,000 were severe and required medical treatment, according to Huynh Nam Phuong, deputy director of the Food and Nutrition Training Centre under the National Institute of Nutrition. Addressing a symposium held last week to discuss the treatment of acute malnutrition among children as part of the draft revised Law on Health Examination and Treatment, Phuong suggested that health insurance should cover medical treatment costs for malnourished patients. She said malnutrition increased the risk of catching infectious diseases among children by up to 20 times. Children with malnutrition also needed more time to recover, and malnutrition had long-term impacts on children’s mental and physical growth as well as studying ability, she said. Acute malnutrition was caused by a decrease in food consumption and disease, for example, children often suffered from … [Read more...] about Health insurance key to tackle child malnutrition

AN GIANG — Local authorities discovered a 70m-long crack in the road surface of Mỹ Thạnh Ward, Long Xuyên City, the Cửu Long (Mekong) Delta province of An Giang. The relevant agency has also promptly moved 14 households to safety. … [Read more...] about 70m-long crack discovered in Mỹ Thạnh Ward, An Giang Province

According to the national environmental status report in 2019, nearly 50 percent of plastic products in Vietnam as well as many countries around the world are designed for one-time use and then discarded. Only one part of discarded plastics are then recycled, while the rest is incinerated and/or buried. Nylon bags, especially prevalent in Vietnam, are usually ultra-thin and hard to decompose. … [Read more...] about Vietnam struggles with plastic waste management

Vietnamese shares climbed to a 12-week high on Tuesday as investors remained upbeat about the earnings prospects of financial-banking companies. The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 1.17 per cent to end at 869.13 points – its highest level since March 6. … [Read more...] about VN stocks rise on earnings hopes

As consumer finance firms are unable to raise capital from individuals, their finance comes from diverse sources such as through bond issuances or foreign loans. This reliance contains latent risks to refinancing due to uncertainties of the financial system. This kind of risk, however, is insignificant in Vietnam as current ratio of consumer lending on the total outstanding balances is still low at about 12.3 per cent (in 2019) compared to that in other countries. … [Read more...] about Protecting investors at head of consumer finance concern