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Established in 1831, Generali is present in 50 countries around the world with total premium income of more than €69.7 billion ($85.2 billion) in 2019 To mark this occasion and leave a tangible and lasting recognition of the bond between the company and the regions where it was born and has prospered, Generali announces Fenice 190, a €3.5 billion ($4.2 billion) investment plan to support the recovery of the European economies impacted by COVID-19, starting in Italy, France, and Germany and to then targeting all European countries in which Generali operates throughout the five years of the plan. Fenice 190 will make the extraordinary initiatives launched in 2020 to tackle the effects of the pandemic permanent, which included investments in support of small- and medium-sized enterprises (SMEs) and the real economy already surpassing the established objective of €1 billion ($1.2 billion). The more than 70,000 employees of Generali will play a leading role in celebrating the milestone of 190 years of the group's history. To add to this initial amount, Generali is pledging an annual commitment of €500 million ($611 million) per year, over the next five years, for sustainable growth through international investment funds focusing on infrastructure, innovation, and digitalisation, SMEs, green housing, healthcare facilities, and education. “Generali is one of the few companies in the world that can boast such a long history. It possesses an extraordinary wealth of knowledge and experience, thanks to which the group is able to face the challenges of today while contributing to a better future for the communities in which it operates, both as an insurer and a social innovator,” said Philippe Donnet, CEO of Generali Group. “The 190 th anniversary falls in a decisive year in which we must overcome the most serious global crisis of the post-war era and lay down the foundations for a wide-scale global recovery. With Fenice 190, we want to be a leader in …

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Children and their parents play at Ly Thai To Square in Hoan Kiem Lake. (Photo: VNA) Hanoi (VNA) - A campaign seeking ideas for Hanoi's street decoration and lighting for this year has been launched by the municipal Department of Culture and Sports. According to the organisers, the campaign aims to create a joyful and exciting atmosphere for citizens on national holidays and major anniversaries of the nation, in addition to aiding the political and decorative tasks of the city. It is also set to contribute to preserving and promoting the national cultural identity and typical values of Hanoi as a thousand-year-old capital, creative city and city for peace, as well as meet the increasing demands of cultural enjoyment of citizens. Themed 'Hanoi - Creative City ' and 'Hanoi Congratulates the Party and Celebrates a New Spring', designs must be of high aesthetic, suitable to surrounding landscape, lightning systems and architecture. They are also expected to contain elements of creativity and follow modern decoration trends. Entries with the use of new technologies, appropriate materials, elegant colours and safety insurance will be prioritised. The winning designs will be used for decoration of major streets in Hanoi’s downtown such as Trang Tien, Trang Thi, Ba Trieu, Hai Ba Trung, Ly Thuong Kiet and Tran Hung Dao, among others, at the celebration of the new year of 2022. The contest is open for contestants of any nationality who can submit unlimited designing plans for various places, provided that they comply with copyright protection law. The works qualified for the competition must be those which have not been submitted to other contests or introduced to the public in any form. One special prize, one first prize, two-second prizes, third prizes and five consolation prizes will be given to the best entries. The submitted designs for street decoration and lighting must be drawn on the A4-sized paper, and then sent to Hanoi’s Department …

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The conference marked the kick off of Youth4Climate initiative, which is supported by the Climate Promise, a global programme through which UNDP commits to supporting at least 100 countries in enhancing their Nationally Determined Contributions (NDCs) by 2020. The initiative aims to strengthen the capacity of existing youth representatives and youth networks in stepping-up their climate action on different frontlines in order to advance Vietnam’s NDC. This initiative builds on the UNDP’s long experience in mobilising and working with the youth and students in Vietnam. Speaking at the conference, Pham Van Tan, Deputy Director General of the Department of Climate Chang (DCC) at MONRE, stressed that Vietnam considers the climate change response to be a vital issue and key task of the entire political system, adding that the country has actively implemented the Paris Agreement since the document was approved in 2015. He reported that Vietnam’s recent efforts in its climate change response can be seen through its NDC in 2015 and updated NDC in 2020, as well as its plans, programmes and strategies on national socio-economic development in both the medium and long term. Vietnam’s updated NDC plans seek to reduce total greenhouse gas emissions by 9% by 2030 in an attempt to respond to climate change as well as facilitate sustainable development. The implementation of the target needs a joint effort from all ministries, sectors, businesses, individuals and entire community, in which the youth play a critical role, he emphasised. Sharing the same view, Caitlin Wiesen, UNDP Resident Representative in Vietnam, stressed that the youth can make a significant contribution to reversing negative climate impacts if they receive proper support and guidance. By empowering young people, Vietnam can unlock new possibilities, helping realise the Paris Agreement and improving its NDC in the future, she stated. For his part, HCYU Secretary Nguyen Ngoc Luong said that the …

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