Hanoi (VNA) – Experiences in maintaining sustainable social insurance amidst the aging population were shared by experts and managers at a workshop hosted by the Vietnam Social Security (VSS) in Hanoi on March 6. According to VSS General Director Nguyen Thi Minh, the ratio of people from 60 years old upwards accounted for 10.2 percent of total population in 2014, pushing the country into the period of old population three years earlier than prediction. Acknowledging the issue, Vietnam has issued the Law on the Elderly, a national action programme on the elderly and many other policies, along with adjustments in social welfare to meet the demand of the elderly, she said. Minh stressed the need to learn experiences from other countries to build a sustainable retirement policy and a brighter future for the elderly in Vietnam, a country with low income and the highest population aging speed in the world. Nguyen Khang, Deputy Director of the VSS’s Department of International … [Read more...] about Workshop shares experiences in ensuring sustainable social insurance
Ensure vs insure
Tina Nguyen, CEO of Generali Vietnam, said: “Health insurance forms an integral part of our life, especially amidst rising medical costs. Driven by the desire to provide Vietnamese people with a comprehensive healthcare plan we have designed VITA – Song Nhu Y, which is easily accessible to families and at the same time offers a unique and enjoyable insurance experience, tailored to their needs. We hope that Generali Vietnam’s superior products and services will bring our customers greater peace of mind so they can confidently pursue their passions and ‘live the life they desire’, as suggested by the name that has been thoughtfully chosen for this product.” … [Read more...] about Generali launches Viet Nam’s first health insurance product available online and in-store
The 22.5 percent growth among commercial banks, roughly the same as last year’s 23 percent estimation, will derive from rising net interest margins, increasing income from fees and bancassurance, or the sale of insurance products via banks, SSI said. … [Read more...] about Lending, insurance boost 2020 bank profits
The rat (I mean mouse…) goes first in the zodiac 12-year cycle as we start the third decade of the 21st century. I hope that’s significant in a good way! Although most of us don’t believe in horoscopes and even less in Eastern zodiac horoscopes it’s still fun to check them out, so in case you’re wondering and you happen to know your Vietnamese birth year – here’s a quick rundown. … [Read more...] about Happy Lunar New Year from Vietnam!
To achieve these targets, the strategy provides a number of solutions, including perfecting the legal framework to support materialization of objectives of financial inclusion; diversifying financial services providers and supporting channels to ensure greater coverage of financial services and products; upgrading financial infrastructures and reducing transaction fees, among others. … [Read more...] about PM approves Vietnam national strategy for financial inclusion until 2025