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BIDV MetLife representatives received an AmCham CSR Recognition Award 2020 In the social distancing period of the COVID-19 pandemic last year, BIDV MetLife received a number of claims for insurance benefits under the circumstances of limited travel and difficulties in the verification process. However, with responsibility and the spirit of always putting clients’ interest first, BIDV MetLife overcame such limitations, quickly collected documents, made claim decisions, and paid for the clients’ families as soon as the paperwork had been completed. One particular client had an accident and died in May, leaving behind their life partner and two school-aged children. BIDV MetLife had its staff quickly verify the information. After collating the results, the company decided to pay accidental death benefit as in the contract terms with the aim to promptly help the family stablilise after the unexpected event, and ensure future education for the children. Another client suddenly died while travelling abroad last year. The customer’s insurance contract did not specify the beneficiary – luckily, the client purchased life insurance from BIDV MetLife. After receiving the case, BIDV MetLife’s Benefit Department helped the client’s family complete the estate division agreement so that they could take advantage of the benefits as claimed in the contract. Over the last six years, BIDV MetLife has paid almost VND36 billion ($1.56 million) in insurance benefits. In 2020 alone, BIDV MetLife successfully resolved 5,790 cases, paying around VND25.2 billion ($1.1 million). Since its establishment in 2014, the top priority and mission that BIDV MetLife has pursued is to strive to bring the best for customers, and ensure customer service quality in any and all circumstances. Not only focusing on taking care of and ensuring customer benefits, since entering the Vietnamese market BIDV MetLife has utilised corporate social responsibility (CSR) programmes to contribute to the …

[Read more...] about Dedicated efforts justify BIDV MetLife successes

The HCMC Urban Environment Company (Citenco) and the HCMC Finance and Investment State-owned Company (HFIC) said the projects would use advanced technologies to promote sustainable development and foster a green economy. One of the projects is to complete a 20 ha landfill at the Phuoc Hiep waste treatment complex in Cu Chi District. The landfill, which can process 2,000 tons of waste each day, is expected to commence within the first quarter this year and be completed in three months. The VND200 billion landfill project will be a backup plan when existing landfills become overloaded or stop operating. The construction of a VND3 trillion waste-to-energy power plant within the same landfill is another project. With an incinerating capacity of 1,000 tons of waste a day, the plant is expected to help reduce trash in the city while producing electricity for the national grid. Another project, relocating a hazardous waste treatment plant from Hoc Mon District to Cu Chi, would also be carried out by 2023. The VND400-600 billion project will help increase the plant’s waste treatment capacity to 1,000 tons a day. The second phase for the construction of the Da Phuoc Cemetery in Binh Chanh District is also a part of the plan. The 46 ha, VND2 trillion cemetery will have over 46,000 graves. It will met reburial demands from the Binh Hung Hoa and other cemeteries in the city. The firms plan to spend VND100-200 billion on replacing garbage trucks and other environmental vehicles by buying 50-100 new vehicles. Nguyen Ngoc Hoa, HFIC Board of Members, said over 50 percent of the project’s investment capital would be derived from existing sources, and the rest mobilized from both domestic and foreign sources. HCMC now discharges around 9,300 tons of domestic waste a day, with 10 percent more being added every year. By 2025, the city aims to have 90 percent of construction waste and all industrial and medical waste collected and treated. It also targets that by 2023, 60 …

[Read more...] about HCMC firms to spend $261 mln on environmental projects

Health officials collect swab samples from citizens in Vietnam. (Photo: VNA) Hanoi (VNA) – Two more new cases of COVID-19 were confirmed over the last 12 hours, from 6:00pm on February 23 to 6:00am on February 24, taking the national count to 2,403. The new cases are in the northern province of Hai Duong , the country's current largest hotspot. Both are close contacts (F1) of COVID-19 patients linked to the outbreak in POYUN Electronics Co., Ltd. in Chi Linh city who have been quarantined in centralised centres. They are being treated at the COVID-19 Hospital No.1 in Chi Linh. There have been 1,504 community infections so far, of which 811 have been reported in the COVID-19 resurgence since January 27. Additional 43 COVID-19 patients have been given the all-clear, raising the total recoveries to 1,760. Death toll remains at 35. Among patients still under treatment, 87 have tested negative for SARS-CoV-2, 39 twice and 60 thrice. A total of 88,583 people who had close contact with COVID-19 patients or arrived from pandemic-hit areas are being quarantined across the country./. VNA …

[Read more...] about Two new COVID-19 cases, 43 recoveries recorded over last 12 hours