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Other safeguards include, all firms must hold operating licenses in their home countries and have 10 years of experience as an insurer and brokers need to prove they have been profitable for at least three years before applying for a license in Viet Nam. … [Read more...] about Foreign insurers need at least 2 billion USD in assets

A monthly payment of VND 1 million paid for three months will be given to an estimated five million workers who either lost their jobs, don’t have a labour contract or had their contracts terminated when their social insurance contribution period is not sufficient for unemployment benefit payout. … [Read more...] about Government considers USD 2.6 billion support package for Vietnamese hit by COVID-19

They agreed to enhance closer coordination between the two nations’ ministries, sectors and localities in maintaining trade and investment activities, while being prepared to resume tourism, aviation activities and people-to-people exchanges right after the pandemic comes to an end. … [Read more...] about Vietnamese, Chinese PMs talk cooperation in pandemic fight

PM Phúc thanked China for its support in the form of experience sharing and supply of medical equipment. He stressed that the good cooperation in the fight against COVID-19 will be a bright point in bilateral ties this year as the two countries mark the 70th anniversary of their diplomatic relationship. … [Read more...] about PM Phúc discusses COVID-19 fight with Chinese counterpart Li Keqiang

To ensure a stable flow of goods to meet socio-economic demands, VNR has increased cargo trains on several routes, especially on the Hanoi-Ho Chi Minh City route, while reducing transport charges in a move to support customers in the difficult time of the pandemic. … [Read more...] about Vietnam Railways only operates a couple of trains from April 1 on COVID-19 fight