Vna

The houses are for poor and near-poor households and those from ethnic minority groups in Dak Rong, Huong Hoa, Cam Lo, Gio Linh, and Vinh Linh districts, which were all hit by flooding and landslides last year. They are scheduled for completion by May 24. Addressing the ground-breaking ceremony, Permanent Vice Chairman of the Quang Tri People’s Committee Ha Sy Dong asked local authorities and beneficiaries to coordinate closely to ensure that the houses are completed on time with high quality. The province will continue to mobilize resources for the construction of public works serving local people, he went on, especially those in mountainous and ethnic minority areas and those prone to natural disasters. The historic flooding last October in Quang Tri killed 53 people and left two missing, while destroying more than 2,000 houses and inundating 110,000 others. Total losses were estimated at over 4.25 trillion VND (183 million USD). Source: VNA …

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During his virtual talks with Vietnamese Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh on March 5, Arreaza congratulated Vietnam on the success of the 13th National Party Congress, while praising the Southeast Asian country’s efforts in fighting the COVID-19 pandemic as well as in maintaining economic growth momentum. Minh briefed on Vietnam’s situation and the outstanding outcome of the 13th National Party Congress as well as the country’s COVID-19 response measures and solutions to promote socio-economic development and ensure social security. He affirmed that Vietnam supports efforts by the constitutional government of Venezuela to promote political dialogue on the basis of respecting Venezuela’s Constitution and aspirations of Venezuelan people, thus gradually solving difficulties and boosting socio-economic development in the current context. The two officials focused their discussion on measures to further enhance the friendship and cooperation between the two countries. The two sides agreed to maintain mechanisms to promote cooperation between the two nations, especially the Vietnam-Venezuela Intergovernmental Committee for Cooperation and the Political Consultation between the two Ministries of Foreign Affairs. They also consented to increase exchanges between ministries, sectors and businesses, and foster trade and investment ties in areas of mutual interest such as agriculture, oil and gas, health, commerce, culture, and sports and tourism. The two sides pledged to promote people-to-people exchange and operation of friendship associations. Vietnam and Venezuela also agreed to enhance the exchange of views on international and regional issues of shared concern, and work closely at multilateral forums of which both nations are members. Source: VNA …

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Prudential Vietnam and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership (Photo courtesy of Prudential Vietnam) HCM City (VNS/VNA) - Prudential Vietnam Assurance Private Limited , a subsidiary of Prudential Plc , and Vietnam Maritime Commercial Joint Stock Bank have renewed their strategic bancassurance partnership for another 15 years. The new agreement significantly expands the geographical scope to include the north, where MSB is headquartered, and make Prudential the lender’s only partner. They have been collaborating since 2013 and built a highly successful bancassurance partnership which delivered a 34 percent compounded annual growth rate in annual premium equivalent between 2014 and 2020. Under the renewed partnership, the two sides will also expand into new segments, including digital, to deliver holistic protection solutions to customers. With a digital-focused approach that is aligned with MSB and Prudential’s plans to leverage existing digital tools such as the latter’s artificial intelligence-powered application Pulse, they hope to seize further growth opportunities. Nic Nicandrou, Chief Executive of Prudential Corporation Asia, said: “Vietnam is an important market and source of growth for Prudential. The renewal and expansion of our long-term partnership with MSB represents a tremendous opportunity for Prudential to build on its strong presence in the market. It is a clear demonstration of our commitment to serving MSB’s customers, helping them get the most out of life with our leading suite of health and wealth solutions.” Phuong Tien Minh, Chief Executive Officer of Prudential Vietnam, said: “Prudential Vietnam has built a highly-effective bancassurance partnership with MSB since 2013. “We are delighted to be taking the partnership to the next level as we deliver our innovative offerings to MSB’s customers through existing as well as new channels, including digital. …

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