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10 year term life insurance rates

Making the most of life behind bars

Foreign prisoners at a Vietnamese language lesson in Vĩnh Quang Prison. Photo antg.cand.com.vn By Phương Thủy HÀ NỘI — Time spent behind bars is never meant to be easy. But some foreign inmates at Vĩnh Quang Prison are making the most of their lives locked up. And in one extreme case, a German national who has served his sentence is happy to stay in the prison because he feels that is now his home. Jurgen Michael has been a free man for almost a year, but instead of returning to his homeland he prefers to stay in prison. “I like living here. I don’t want to go home. This is my second home,” said the 60-year-old. “Vietnamese officers are good and friendly. They treat me very well. They give me bánh chưng (square glutinous rice cake), giò (Vietnamese sausage) and candy to celebrate Tết ( Lunar New Year) with Vietnamese people. I have a lot of fun while living here so I don’t want to go anywhere.” When he was first jailed he did not speak a word of … [Read more...] about Making the most of life behind bars

ALMA Resort voted in Vietnam’s top 10 best resorts in 2020

The 5-star ALMA Resort developed by Paradise Bay Resort Co. Ltd. has been officially voted as one of the top 10 best resort projects in Vietnam in 2020 by Vietnam Real Estate online magazine, or reatimes.vn. The year 2020 ended on a positive note for Vietnam with the national GDP rising 2.91 percent, but the COVID-19 pandemic remained complicated, with the world economy being mired in difficulties. The Vietnamese tourism industry is still making constant efforts to resist the destructive power of the pandemic. 2020 was a bleak year for all branches of tourism, but it also showed the adaptability and flexibility of the entire industry. During this difficult time, the construction of ALMA Resort was completed and it was officially put into operation in December 2019. While ensuring measures against the pandemic, ALMA Resort welcomed thousands of families in 2020, with a peak room occupancy rate of up to 80 percent. For such a new resort to have such a desirable number of … [Read more...] about ALMA Resort voted in Vietnam’s top 10 best resorts in 2020

HCM City to keep land prices unchanged for next 5 years

HCM City has decided to keep official land prices unchanged for the next five years. VNA/VNS Photo HCM CITY – The HCM City People’s Council has kept the official land prices unchanged since market prices did not change between 2019 and last year. The price list, which is adjusted every five years, serves as a basis for calculating land-use rights fees, administrative sanctions, fines, and paying compensation for land the city acquires. According to Nguyễn Toàn Thắng, director of the city Department of Natural Resources and Environment, this is the first time the framework remains unchanged. The price coefficient is adjusted annually. Anyone seeking land-use rights or change the purpose of land use has to pay a fee based on the prevailing coefficient. In the list, the highest land prices of VNĐ162 million (US$7,000) per square metre are in Nguyễn Huệ and Lê Lợi streets in the downtown area but this is only a fifth of the estimated market price of around VNĐ800 … [Read more...] about HCM City to keep land prices unchanged for next 5 years

Prudential, Maritime Bank extend bancassurance partnership for 15 years

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 … [Read more...] about Prudential, Maritime Bank extend bancassurance partnership for 15 years

VIETNAM NEWS HEADLINES MARCH 4

HCM City: early start proposed for over VND4.8 trillion traffic project Traffic congestion on Cong Hoa road The Ho Chi Minh City management board for traffic works construction and investment has urged early completion of paperwork for construction on a road linking Tran Quoc Hoan and Cong Hoa roads to begin in December. Costing more than 4.84 trillion VND (211.2 million USD), the project is slated to complete in July 2023, in conjunction with the completion of the Tan Son Nhat international airport’s Terminal 3 The project, approved in December 2019, includes the building of a six-lane 4km road, an intersection tunnel, and a 1,200m overpass in front of the Terminal 3. Apart from the project, the city also conducting procedures to implement the expansion of Hoang Hoa Tham road and upgrading of Cong Hoa road around the Tan Son Nhat airport. The construction of both projects was initially set to begin in 2020 but it was delayed due to problems in site clearance./. … [Read more...] about VIETNAM NEWS HEADLINES MARCH 4

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