Kang GewWon, General Director of Shinhan Bank Vietnam (left) and Lee Euichul, General Director of Shinhan Life (right), signed an insurance business partnership on May 24. — Photo Shinhan Bank Vietnam Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) and Shinhan Bank Vietnam Limited (Shinhan Bank) officially signed a strategic cooperation agreement on implementing the bancassurance business model on May 24. The agreement marks a new chapter full of expectations for two financial organisations with mutual plans to bring living improvement solutions to a million Vietnamese people. Under the framework of the new agreement, Shinhan Bank Vietnam will consult and introduce life insurance products of Shinhan Life to the bank's customers nationwide. The first product developed through this distribution channel is Shinhan – Credit, a protection product for borrowers. “In recent years, customers' demand for insurance products at the bank has expanded … [Read more...] about Shinhan Life Vietnam, Shinhan Bank Vietnam sign partnership
Vietnam qualification coupe du monde 2022
BIDV, ADB release report on Vietnam’s financial market
Illustrative photo (Source: VNA) Hanoi (VNA) - The Bank for Investment and Development of Vietnam (BIDV) and the Asian Development Bank (ADB) on May 25 co-organised a workshop to announce a report on Vietnam’s financial market in 2021 and its 2022 outlook. BIDV Senior Executive Vice President Tran Phuong said it is a result of research by a team of ADB and BIDV experts. This is the first time a Vietnamese financial institution has collaborated with ADB to make a comprehensive assessment report on the Vietnamese financial market, covering the fields of banking, securities, and insurance, he noted. Looking back at 2021, the report states that the world economy recovered quite quickly along with a rapid increase in inflation due to the majority of countries reopening socio-economic activities. The global financial market continued its fast recovery given the new normal condition and strengthened confidence. In that context, Vietnam's economy recovered quite … [Read more...] about BIDV, ADB release report on Vietnam’s financial market
Photo exhibition spotlights friendship between Central European countries and Vietnam
At the exhibition (Photo: https://business.facebook.com/) HCM City (VNA) - An photo exhibition on the solidarity and friendship between the Visegrad Group (V4) (Poland, Hungary, the Czech Republic and Slovakia) and Vietnam opened in Ho Chi Minh City on May 25. Jointly organised by the Hungarian Consulate General in HCM City and the University of Social Sciences and Humanities under the Vietnam National University HCM City, the event saw the participation of representatives of the Visegrad countries in Vietnam, municipal departments and sectors and diplomatic missions of foreign countries in the city. On display are over 50 photos of animals, plants and landscapes of the Visegrad countries, which were taken by famous photographers of the Association of Hungarian Nature Photographers, the Slovak Association of Wildlife Photographers, the club of nature photographers of the Czech Republic, and the Polish Association of Nature Photographers. In her speech at the opening … [Read more...] about Photo exhibition spotlights friendship between Central European countries and Vietnam
Vietnam co-chairs ASEAN-Korea Joint Cooperation Committee’s meeting
Participants at the event (Source: Vietnam Mission to ASEAN) Jakarta (VNA) - Ambassador Nguyen Hai Bang , Permanent Representative of Vietnam to ASEAN , has co-chaired the 9th meeting of ASEAN-Korea Joint Cooperation Committee (AKJCC) with the Republic of Korea (RoK)’s Ambassador to ASEAN Kwon Hee-seog. During the meeting on May 24, the two sides noted the progress made in the ASEAN-RoK cooperation over the past year, including following up on the outcomes of the 22nd ASEAN-RoK Summit in October 2021 and activities to implement various areas of cooperation under the ASEAN-RoK Plan of Action (2021-2025). Within the framework of the key cooperation mechanism - the ASEAN-Korea Cooperation Fund (AKCF), 20 projects are being implemented with a total investment of 56 million USD, focusing on five priority areas of education and training, the environment, economic recovery, culture and tourism, and health. In addition, there are nine projects waiting for approval, … [Read more...] about Vietnam co-chairs ASEAN-Korea Joint Cooperation Committee’s meeting
‘Work the Nordic Way 2022’ slated for June
The event will include a job fair and workshops with major Nordic companies.(Photo courtesy of NordCham) HCM City (VNS/VNA) - Nordic companies and business leaders will gather for a conference to be held in Ho Chi Minh City on June 1, aiming to promote inclusive and sustainable business practices. Named ‘Work the Nordic Way 2022’, the third-annual conference will also give Vietnamese job-seekers the chance to meet major Nordic companies through an afternoon of workshops, panel sessions, and networking. Organised by the Nordic Chamber of Commerce (NordCham) and four Vietnamese-Nordic alumni associations, the upcoming event will focus on the theme of a diverse and inclusive workforce. Nordic countries are world leaders in this area, and speakers will share how promoting inclusion in the workplace can contribute to business success and socio-economic growth. It will also include a jobs fair and workshops with major Nordic companies including Tetra Pak, Home Credit, … [Read more...] about ‘Work the Nordic Way 2022’ slated for June
11 teams to compete in 2022 National Futsal HDBank Championship
The tournament will be divided into two stages. The first stage will take place from June 1 in Lam Dong province with five teams of Cao Bang, Hung Gia Khang Dak Lak, Quang Nam, Tan Hiep Hung, Vietfootball. They will compete in a round robin format to decide the four teams that will progress to the second stage. The second stage will witness the participation of the four winners in the first stage and the top six teams from last year’s National Futsal HDBank Championships, including Thai Son Nam, Sahako, Zetbit Sai Gon FC, Thai Son Bac, Sanvinest Sanatech Khanh Hoa, and Hieu Hoa Da Nang. The ten teams will compete in two legs. The first leg will take place from June 13 to July 4 in Lam Dong province while the second leg will be held from November 5 to 26 in Can Tho City. The champions will receive gold medals and a VND 500 million award. They also will be Vietnam’s representatives to the AFC Futsal Club Championship. On the occasion, the organizing panel also announced the … [Read more...] about 11 teams to compete in 2022 National Futsal HDBank Championship
Bac Giang promotes litchi sales at home and abroad
Jose Mestre, a representative of the Central Retail Group in Vietnam, speaks at the conference (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang, in collaboration with the ministries of Industry and Trade, and Agriculture and Rural Development, held an online conference on litchi sales for nearly 80 target markets at home and abroad. The conference provided an opportunity for Bac Giang to promote litchi sales in domestic and export markets; and strengthen its coordination with centrally-run agencies, domestic and foreign provinces and cities, and overseas Vietnamese economic, trade and diplomatic agencies. It also served as a forum for domestic and foreign businesses to find partners and sign contracts for litchi and litchi-based products in this year. Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the … [Read more...] about Bac Giang promotes litchi sales at home and abroad
Projects promoting Vietnamese fashion, young designers launched
Fashion designer Vo Viet Chung (R) and the Vietnam Design Association (VDAS) sign a cooperation agreement on organizing the Fashion Design Voices program. The program includes three projects of a reality TV show of future Vietnamese fashion designers, VietSilk International Fashion Week and Heritage Fashion Design Awards. It aims to inspire young people to promote design skills and the trading of Vietnamese fashion products, connect the fashion community, share a passion for fashion and develop the fashion designing market. Fashion designer Vo Viet Chung hoped that the cooperation will contribute to the building and development of the Vietnamese fashion industry. The program will support local fashion brands to build their business plans, and catch up with the current trends with high applicability to confidently integrate with the region, said Chairman of the VDAS Ho Tan Duong. A seminar on trends and a comprehensive view of the fashion business market 2022 is held at … [Read more...] about Projects promoting Vietnamese fashion, young designers launched
Indonesia, Japan discuss regional economic development
Indonesian Minister of Trade, Muhammad Lutfi (R) shakes hands with Japanese Minister of Economy, Trade and Industry Hagiuda Koichi after a meeting in Thailand (Photo: Indonesian Ministry of Trade) Jakarta (VNA) – Indonesia appreciated Japan 's desire to discuss the 'Asia Japan Investing for Future Initiative', Indonesian Minister of Trade Muhammad Lutfi said during his recent meeting with Japanese Minister of Economy, Trade and Industry Hagiuda Koichi. Lutfi said Indonesia welcomed the discussion to prepare this initiative for the benefit of the region. He revealed that there are at least three things that are of concern to Indonesia regarding this initiative. These things are related to the expected results, funding mechanisms, and the planned implementation time. The Indonesian minister also appreciated Japan's support for this year's G20 Presidency, hoping that the support will help G20 member countries generate useful achievements and priority agendas. … [Read more...] about Indonesia, Japan discuss regional economic development
Hanoi accelerates construction of smart urban projects
The completion of these projects would help ensure Hanoi’s rapid and sustainable development towards green, smart, and modernization while maintaining the harmonization between rural and urban areas. The capital city has so far completed around 70% of the total area subject to site clearance under smart urban projects in the city. Overview of the smart city project in Dong Anh District. Photo: BRG To date, the progress has been encouraging as contractors are speeding up the completion of the site clearance process. According to a recent report, site clearance for the construction of the new residential project Tay Mo – Dai Mo – Vinhomes Park in Nam Tu Liem District has almost concluded, with the 70% of the work volume completed. Around 80% of the land for the projects in the communes of Xuan Canh, Dong Hoi, and Mai Lam (Dong Anh District) have been cleared, and the authorities are handing over clear sites to contractors. The local authorities are also … [Read more...] about Hanoi accelerates construction of smart urban projects