Bancassurance becomes main service earner for banks Business

Bancassurance becomes main service earner for banks

Instead of the modest contribution made previously, the insurance business segment, or bancassurance (banks co-operate with insurers to sell insurance products), has now become the main source of income from service activities for many banks.
Over 800 volunteers join hands in cleaning Da Nang beach Environment

Over 800 volunteers join hands in cleaning Da Nang beach

More than 800 volunteers joined a campaign to clean Kim Lien beach in the central city of Da Nang on August 7, which was jointly held World Wide Fund for Nature (WWF) Vietnam, Prudential Vietnam and the municipal Department of Natural Resources and Environment.
Vietnam - a magnet for M&A deals Business

Vietnam - a magnet for M&A deals

Vietnam has become a favoured destination for merger and acquisition (M&A) deals for foreign investors, particularly those from the Republic of Korea (RoK), China’s Hong Kong, Singapore and Japan as the Asian multinationals see the benefits of having presence in one of the region’s fastest-growing economies.
Deputy PM urges Shinhan Card to develop fintech in Vietnam Business

Deputy PM urges Shinhan Card to develop fintech in Vietnam

Deputy Prime Minister Vuong Dinh Hue has urged the Shinhan Card Co., Ltd. of the Republic of Korea (RoK) to develop an ecosystem for financial technology (fintech) firms in Vietnam in training workforce and applying scientific-technological advances.
Banks eye consumer finance for bigger share Business

Banks eye consumer finance for bigger share

Several banks are keen to establish consumer finance arms to grab a bigger share of a market that is expected to reach 1,000 trillion VND (4.38 billion USD) by 2020 and grow at 29 percent annually.
Prudential Vietnam wins Golden Dragon Award Business

Prudential Vietnam wins Golden Dragon Award

Prudential Vietnam has been honoured as “Vietnam’s Leading Life Insurance Company” and the only insurance company in the “Top 10 foreign-invested enterprises in Vietnam” at the annual Golden Dragon Awards.
3,600 jobs on offer at Job Fair 2017 Business

3,600 jobs on offer at Job Fair 2017

As many as 3,600 jobs were introduced at the Job Fair 2017 held on May 12 by Ho Chi Minh City International University under the Vietnam National University, Ho Chi Minh City.
MoIT, HCM City protect consumer rights Business

MoIT, HCM City protect consumer rights

The Ministry of Industry and Trade and the Ho Chi Minh City People’s Committee hosted the launch of Vietnamese Consumer Rights Day 2017, themed "Enterprise for Customers", on March 12.
School for poor students inaugurated in Kon Tum Society

School for poor students inaugurated in Kon Tum

A ceremony was held on March 8 to inaugurate a 1.5 billion VND (65,790 USD) primary school in Dak Koi commune of Kon Ray district, one of the three most impoverished localities in the Central Highlands province of Kon Tum.