Hanoi (VNA) – Viettel Telecom, a subsidiary of the Military Industry and Telecoms Group, took the lead among four mobile service providers in Vietnam in terms of mobile service in September, according to the Department of Telecommunications under the Ministry of Information and Communications. Earlier, the department conducted a survey on the quality of mobile services in the northern provinces of Lang Son and Bac Giang in the last two weeks of September. Viettel topped the list as it met all six criteria, especially techniques, readiness of wireless services, and call quality. The results reflecting the technical quality of the mobile service providers in the surveyed localities were valid at the time of the survey. Viettel is followed by other mobile service providers, namely VinaPhone, MobiFone and Vietnamobile. Last year, Frost & Sullivan honoured Viettel Telecom as the best mobile data service provider in Vietnam 2019./. … [Read more...] about Viettel named best mobile service provider in Vietnam
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According to Minister of Culture, Sports and Tourism Nguyen Ngoc Thien, since the beginning of the year, the novel coronavirus (COVID-19) pandemic has directly affected the Vietnamese tourism industry, along with the global tourism sector. The industry has therefore suffered significant losses which has led to a decline in related fields. Furthermore, tourism growth has had a positive impact on many sectors and various aspects of social life, thereby creating plenty of jobs and serving as a means of improving income, and ensuring social security for citizens. This therefore serves to contribute to promoting friendship ties, preserving cultural values, boosting environmental protection, and aiding economic restructuring. Despite these benefits, tourism also represents an industry that is vulnerable to the various impacts and damages caused by natural disasters and epidemics, the Minister said. This year’s conference is being held for the purpose of assessing the current climate … [Read more...] about National Tourism Conference seeks solutions to save tourism industry
For the claim payment side, we see that those who test positive for the virus can require a very long-term, costly intensive care. Insurance contracts are paying a lot of benefits to cover these costs for customers. We tend to look at the revenue but not at how much benefits have been paid to help customers. After all, paying benefits is the most important job of the insurance contract. … [Read more...] about New mindset needed for insurance industry
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?
Deputy Minister of Information and Communications Nguyen Thanh Hung said bouncing back from the effects of the Covid-19 pandemic requires Vietnamese businesses, especially small- and medium-sized enterprises, to adopt innovation in work processes and flexible work options and to customize their products and services. Yen Le … [Read more...] about KPIBSC focuses on strategy, performance