Quebec parental insurance plan

The Hanoitimes - Under the prime minister’s plan on restructuring the stock market and the insurance market until 2020, with a vision towards 2025, all commercial banks are required to float shares before 2020. As of present, only 18 out of 31 commercial banks have completed listing shares on the stock market, while the 2020 deadline is nearing. Illustrative photo Ten of these banks are currently trading on Ho Chi Minh Stock Exchange (HoSE), Vietnam’s main stock exchange which accounts for over 90% of total market capitalization. The banks include major state-run banks such as Bank for Foreign Trade of Vietnam (Vietcombank), Vietnam JSC Bank for Industry and Trade (VietinBank), and Bank for Investment and Development of Vietnam (BIDV). Meanwhile, three are floating shares on the Hanoi Stock Exchange (HNX), namely Asia Commercial Bank (ACB), Saigon - Hanoi Bank (SHB), and National Citizen Bank. Five banks, including Lien Viet Post Bank (Lien Viet), Vietnam International Bank (VIB), Vietbank, Bac A Bank and Kien Long Bank, are trading shares on the Unlisted Public Company Market (UPCoM), which is considered a transitional step before listing on the two main exchanges. The UPCoM is run by the HNX. Under the prime minister’s plan on restructuring the stock market and the insurance market until 2020, with a vision towards 2025, all commercial banks are required to be listed before 2020. The plan allows banks to list on any of Vietnam’s two official stock exchanges. In 2019, only Vietbank completed the listing on the stock market, which was completed by the end of July on the UPCoM with over 419 million shares, equivalent to registered capital of VND4.19 trillion. Vietnam Maritime Bank (MSB) also applied for listing on the HoSE, but with little progress so far. MSB’s plan for listing was initiated in 2016, after its merging with Mekong Bank. In 2018, dozens of banks issued plans for listing, but only Vietnam Technological and …

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Producing earphone components at JEP Company in Kim Dong Industrial Park, Hung Yen province (Photo: VNA) Hanoi (VNA) - Vietnam’s GDP growth in the first quarter of 2021 is forecast to come in at 4.46 percent; 0.66 percentage points below the target set in the Government’s Resolution No 01 in a scenario where the COVID-19 pandemic is controlled during the quarter. Resolution No 01/NQ-CP on key measures to carry out the 2021 socio-economic development plan and State budget estimates outlines growth scenarios for each quarter and for each sector throughout the year. The Government set a goal of posting growth of 6.5 percent and increasing workplace productivity by nearly 4.8 percent and health insurance participation to around 91 percent. The rate of multi-dimensionally poor households is expected to fall by 1-1.5 percent. With the results in the first quarter, if the growth targets in the Resolution for subsequent quarters are reached, 2021’s GDP growth is estimated to come in at 6.37 percent; exceeding the 6 percent target set by the National Assembly but still lower than the target set in the Resolution. Minister of Planning and Investment Nguyen Chi Dung said it is necessary to urgently implement the Resolution to achieve objectives in the socio-economic development plan in the 2021-2030 and 2021-2025 periods. In a report submitted to the Government in January, the Ministry of Planning and Investment (MPI) proposed that priority be given to disease prevention and control in order to ensure the health of the citizenry and minimise the impact of the pandemic on the national economy. It also proposed measures to promote economic growth through the “three-horse carriage” of investment, exports, and consumption. The banking and finance sector continues to implement sensible fiscal and monetary policies to ensure macro-economic stability and stimulate economic growth, cut unnecessary expenses, especially regular spending, maintain a …

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A year on since the Covid-19 pandemic first began Vietnamese are taking more control of their health and finance, driving greater interest in fitness and well-being along with insurance and retirement planning. — Photo courtesy of Manulife HCM CITY — A year on since the Covid-19 pandemic first began Vietnamese are taking more control of their health and finance, driving greater interest in fitness and well-being along with insurance and retirement planning, as Asia looks to the longer-term impact of the disease, according to new research from Manulife. The latest version of the ‘Manulife Asia Care Survey’ takes a closer look into customers’ concerns, priorities and aspirations, polling 4,000 people across the region who either own insurance or intend to buy it in the next six months, including around 520 in Việt Nam. Nearly all (95 per cent) of those who worry most about Covid have made an effort on a personal level to improve their overall health, mostly through more regular exercise (58 per cent) and improved diet (54 per cent). In Việt Nam, all the respondents said they had taken action to help them manage Covid, with 72 per cent saying this included doing more regular exercise. More people in Hà Nội (85 per cent) do more regular exercise than in HCM City (73 per cent). Almost everyone is self-monitoring health, and Vietnamese pay the most attention to the number of steps walked (44 per cent) among the four emerging markets covered in the survey, against a regional average of 38 per cent. Three out of five (60 per cent) of Vietnamese also own fitness wearables, well above the regional average of 46 per cent. A large majority of Vietnamese (79 per cent) also said retirement planning has become more important since Covid-19 started, below the Philippines (90 per cent), Indonesia (88 per cent) and Malaysia (83 per cent) but higher than all the developed markets. The regional average is 73 per cent. This high level of interest in …

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