One billion dollar house

According to a report released by the Ministry of Industry and Trade (MoIT), several of the world's largest technology corporations have initiated plans to shift their production chains to the nation. LG Electronics Inc. for example recently moved their entire production line from the Republic of Korea (RoK) to Hai Phong port city. At a recent conference between the government and localities, the Hai Phong leadership proposed expanding Dinh Vu-Cat Hai economic zone and Trang Due Industrial Park to attract investment from LG. The RoK group had launched a US$1.5 billion factory in Trang Due Industrial Park back in 2015 and it has been operating well there. … [Read more...] about Foreign giants eye business expansion amid COVID-19

All change at the top as insurers look to the future - illustration photo/ Shutterstock Canada’s Manulife Financial Corporation is now emerging as the leading bidder for British insurer Aviva Plc.’s subsidiary in Vietnam as part of its focus on Southeast Asia. Last December, Bloomberg reported that Japan’s MS&AD Insurance Group Holdings and Manulife were mulling over acquiring Aviva assets in Singapore and Vietnam. Negotiating is underway, with the bancassurance deal roughly calculated to be worth several hundred million US dollars. … [Read more...] about All change at the top as insurers look to the future

Throughout the 26 years that we have been in we have accorded top priority to the health and safety of our employees. Therefore, almost as soon as the novel coronavirus outbreak happened, the company initiated many measures to cope with it. We closely monitored the situation in the country and around the world and promulgated SOPs - Standard Operation Procedures on hygiene and safety regarding the Covid-19 pandemic in a comprehensive and detailed manner - for staff from before work to after work, paying attention to all areas like the workplace, health room, reception room, kitchen and transportation. We communicated this to all employees for them to understand the information and take it seriously. … [Read more...] about C.P. Vietnam targets balanced growth benefits

Hanwha Life is a member of Hanwha Group – one of the 10 largest corporations in Korea and one of the Top 500 largest economic groups in the world. Hanwha currently has a diversified business portfolio in manufacturing and construction, finance, services and leisure, aerospace and mechatronics, advanced chemicals and materials, and solar energy with a network of 351 members worldwide. … [Read more...] about Hanwha Life Vietnam donates free health insurance cards to Vietnamese people in need

Hiep’s family is not the only one to be affected by the fire. Another resident of the street, Ngo Van Luc, 45, said he is a laborer who uses Alley 432 to eat and rest at noon before returning home in the evening to Chuong My District on the city’s outskirts. … [Read more...] about Fear, confusion stalk residential areas near site of Hanoi warehouse fire