The sustainability review and business rating report is a prestigious annual initiative commissioned by VCCI and the Vietnam Business Council for Sustainable Development (VBCSD).The report and related event aim to pay tribute to the 100 businesses with the best track record of sustainable development practices. Before being listed, Hanwha Life Vietnam went through serious and demanding assessment based on the corporate sustainability index (CSI), which was designed to measure businesses through three key criteria—economic, social, and environmental influence.Being present in Vietnam for over eight years, Hanwha Life Vietnam has quickly established itself as one of the industry’s fastest growing businesses. In the span of the last five years (2012-2017), new policy revenue growth was recorded at 41 per cent, 10 per cent higher than the industry average. In addition, second year policy retention consistently remains over 70 per cent.Hanwha Life Vietnam has completed … [Read more...] about Hanwha Life Vietnam among Vietnam’s Top 10 sustainable businesses
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AIA signs record life insurance contract
AIA signs record life insurance contract By Nguyen Quan - The Saigon Times Daily HCMC – AIA Vietnam Life Insurance Co. Ltd. has signed a life insurance policy with the record face value of VND39 billion with a female customer in HCMC. This is the highest coverage the enterprise has signed with individual customers in the country. According to the insurer, the customer is general director of a service enterprise in District 1. She has chosen the An phuc tron doi package with the annual premium of over VND820 million. The package is the flexible combination of financial assurance with money saving designed for customers aged from 30 to 60. Customers can enjoy an annual interest rate of 8% on premiums instead of 4% like other life insurance products. AIA Vietnam in July signed a similar policy with a businesswoman with the coverage of VND35 billion. The insurer has provided six An phuc tron doi policies with the coverage from VND20 billion for local customers. … [Read more...] about AIA signs record life insurance contract
Overseas Vietnamese repatriating from Cambodia supported to life stabilization
Overview of the working session (Photo: sggp.org.vn) During the working visit, the provincial Department of Labor, War-Invalids and Social Affairs reported the situation and results of the implementation of the policy for overseas Vietnamese repatriating from Cambodia to the council. As of June 30th, 2016, Binh Phuoc province had 345 households with 1,472 people, who are Vietnamese people returning from Cambodia. Most of them are free immigrants, without personal records, household registration or personal papers. The reason for their return is that they are mostly poor, landless, homeless and earning their living in fisheries in Mekong river and the Tonle Sap. They returned to Vietnam and wish to have a long-term stable life and be naturalized to have household registration. Localities in the province have created conditions for them to stabilize their lives. Specifically, the Hon Quan district People's Committee has approved a detailed planning project for residential … [Read more...] about Overseas Vietnamese repatriating from Cambodia supported to life stabilization
Is life better today than 50 years ago? Most Vietnamese say YES
Half a century ago, Vietnam was suffering some of its darkest days as war engulfed the country. Unsurprisingly, when the Pew Research Center asked people to compare life today with 50 years ago, 88 percent of Vietnamese people said it is better, the most positive assessment in the world. The end of armed conflict apparently played a key role in giving Vietnamese people an upbeat attitude about the peaceful present, but views of the current economy are also a significant factor, Pew said. People with positive views of the current economy are 30 percentage points more likely than those with negative views to say life has improved for them, it said. In Vietnam, 91 percent of the respondents said the economic conditions are good. Vietnam reported 6.2 percent economic growth last year and is among the fastest-growing economies in the region. Vietnamese consumers are “extremely optimistic” about the economy and the second most optimistic in Asia Pacific, after Cambodia, … [Read more...] about Is life better today than 50 years ago? Most Vietnamese say YES
Lai Chau settlers happy with their new life
Since moving to Nam Khao village in Nam Khao commune, Muong Te district, Lai Chau province in 2013, Chang Thi Lam often goes to medical station for health checkups and to get free medicine.“The medical station is now near my house. Getting medicine is convenient. I don’t have to pay money,” Lam said.Meanwhile, Seng Van Son, a medical station staff said: “Since the medical station was moved to the centre of the village, more residents go to the station for health checkups because it’s more convenient.”With the aim of ensuring a better life for resettled people, Lai Chau province has paid heed to building infrastructure in resettlement areas.Local households are helped to build new houses, cultivate rice and are given rice for four years. Thanks to that, their lives have improved, with the poverty rate sharply cut down, and all children at school age going to school.“Before, there was only one class for pupils and no room for the school … [Read more...] about Lai Chau settlers happy with their new life