"Another sleeper bus driver falling asleep, speeding under the rain at night!!! You have to be suicidal to take those night buses.. How many more accidents and death will it need before something is done about that industry. Every couple of weeks we have a story like that. Vietnam people deserve to be safe on the road." gutieres "These sleeper buses need to be pulled off the roads. ALL OF THEM. They are Death On Wheels." gregorypetersolomon "When will tachographs be fitted to speedometers? It's not so difficult, it's been done for nearly 40 years in the west. Come on Vietnam, take people's lives seriously and take these clowns off the roads and fine the companies responsible for their drivers." edbou "So what will the authorities do to deal with this daily/weekly occurence? nothing! I was reluctantly on one of these bus a few times, and each time I was terrified by the way the bus was driven." wolfyfio "Companies must have a supervisor checking drivers before each trip: … [Read more...] about Sleeper buses are ‘death on wheels’
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Insurance premiums decline for first time in years
The life insurance segment, which accounted for 70% of total premiums, bore the brunt of the drop. Some insurance companies reported a fall of 30-40% in post-tax profits for the year’s first half. The industry recently faced its biggest ever crisis after customers claimed to be defrauded by banks who sold life insurance packages purporting them to be deposits. The Ministry of Finance currently investigating life insurance companies’ partnership with banks, known as bancassurance. Some insurers have been making changes in their policies to ensure customers are aware of what they buy. They include a new "welcome call" to first-time customers to ensure they are aware of the key aspects of the contract. The ministry also proposes fines of up to VND100 million for insurance consultants who fail to explain to customers their rights or coerce people into paying premiums. … [Read more...] about Insurance premiums decline for first time in years
AB Mauri’s business development strategy amid rising inflation
CEO Tran Huu Dat, General Director of AB Mauri Vietnam. Photo courtesy of AB Mauri Vietnam What are your thoughts on the domestic and foreign economies during this period of inflation? In terms of the global economy, everyone expects 2023 to be a boom year following the strong rebound of 2022. However, this year has proven to be more difficult than expected. Vietnam has been a part of the international market for many years; therefore, it is difficult to avoid being affected by these issues, even though domestic inflation is a little slower than in other countries. One of Vietnam's advantages is that it has well-controlled inflation compared to the high rates in the United States and Europe. This has resulted in a significant drop in the domestic consumer price level in the first seven-month period of 2023. This is a positive indicator, demonstrating the government's efforts through the recent implementation of domestic inflation control strategies. Furthermore, this is … [Read more...] about AB Mauri’s business development strategy amid rising inflation
Angelababy target of boycott after watching Blackpink Lisa’s strip club performance
Chinese actress Angelbaby. Photo from Angelababy’s Weibo Though the Chinese actress did not upload photos of herself at the venue, many fellow attendees filmed her arriving at the cabaret, while the cabaret’s official social media accounts also shared photos of her attending one of the Blackpink star’s strip dance performances, reported Yahoo News on Sunday. According to insiders, Angelababy allegedly violated the Chinese authorities’ regulations, which state that entertainment industry workers are banned from organizing, attending, or promoting sexually related activities. Strip dance is classified as such in China. The actress’ account on Chinese social media platform Weibo has subsequently been flooded with attacks from the public. "She [Angelababy] always does what she is not supposed to do at sensitive times," a netizen wrote. "She should have known that strip dancing is against the Chinese laws." China Central Television , a Chinese national television … [Read more...] about Angelababy target of boycott after watching Blackpink Lisa’s strip club performance