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Fire fighting equipment hong kong

Cooperation between Vietcombank, FWD Insurance to benefit Vietnam customers

The Hanoitimes - Deputy Prime Minister Vuong Dinh Hue requested FWD to invest in innovation startups in Vietnam, which are considered one of the country’s potential fields for development. Cooperation between FWD Insurance, an insurance unit of Hong Kong’s investment group Pacific Century, and state-run Commercial Bank for Foreign Trade of Vietnam (Vietcombank) would expand the former’s insurance activities in Vietnam and benefit customers, according to Deputy Prime Minister Vuong Dinh Hue. Deputy Prime Minister Vuong Dinh Hue and Richard Li, president of Pacific Century. Source: VGP. Hue requested FWD to invest in innovation startups in Vietnam, which are considered one of the country’s potential fields for development, said the Deputy PM in a meeting with Richard Li, president of Pacific Century. On November 12, Vietcombank signed a contract with FWD to become the latter’s official distributor of life insurance services in Vietnam. As part of the deal, FWD … [Read more...] about Cooperation between Vietcombank, FWD Insurance to benefit Vietnam customers

Vietnam air carriers plan to resume international flights from July 1

The Hanoitimes - The domestic airlines will soon reopen international routes to destinations where the pandemic is under control. Vietnam Airlines and Bamboo Airways have announced that they are ready to resume international air services to destinations where the coronavirus has been contained, likely from July 1, if authorized by the government. Vietnam's airlines prepare to reopen international flights from July 1. Photo: Vietnam Airlines. At a seminar on the aviation market held on June 12, Nguyen Quang Trung, head of Vietnam Airlines’ Development Planning Department, confirmed that the airline is ready to reopen international routes if permitted by the Vietnamese government and other countries. Vietnam Airlines has prepared outbound flights over the past two months. It has set up a task force for each region, market, flight route to assign resources, flight crew, cabin crew, and work out commercial policies. The national flag carrier expects to resume … [Read more...] about Vietnam air carriers plan to resume international flights from July 1

Vietnamese in Macau gather to celebrate Lunar New Year

Speaking at the event, head of the association Duong Trung Duc reviewed negative effects caused by COVID-19 for Vietnamese in Macau, saying many lost their jobs and others could not return home due to the postponement of commercial flights. According to him, receiving assistance from the Vietnamese Consulate General in Hong Kong and Macau and recognition of the local administration, the association, established in November last year, has so far operated well and significantly supported Vietnamese expatriates in legal consultations, organization of flights, and unemployment aid, among other aspects. The gathering aims at reminding the community about their responsibilities for the home country, particularly via building a good image of Vietnamese people overseas and making efforts to overcome obstacles and contribute to Vietnam. Macau now hosts more than 22,000 from Vietnam or those of the Vietnamese origin. The lion’s share of the number are people working as housemaids or at … [Read more...] about Vietnamese in Macau gather to celebrate Lunar New Year

Singapore is the world’s freest economy: Heritage Foundation

Singapore 's Marina Bay (Photo: CNN) Singapore (VNA) - Singapore's economy has been ranked the freest in the world this year in the Heritage Foundation 's 2021 Index of Economic Freedom, the second year in a row it topped the list. The city-state scored 89.7 points, with its overall score having increased by 0.3 points from 2020, primarily because of an improvement in points gained for government spending, the think-tank said on March 4. Singapore's score placed it far ahead of both the regional average for 40 countries in the Asia Pacific (60.2) and the world average (61.6). It was followed in the rankings by New Zealand, Australia, Switzerland and Ireland, in that order, with scores ranging from 83.9 (New Zealand) to 81.4 (Ireland). The US ranked 20th with a score of 74.8, and Germany was 29th with a score of 72.5. Thailand took the 42nd spot with a score of 69.7, and China was No. 107 with a score of 58.4. Hong Kong, which had topped the list for 25 of the … [Read more...] about Singapore is the world’s freest economy: Heritage Foundation

VIETNAM BUSINESS NEWS MARCH 6

Danang calls for investment in 10 projects in next five years Tien Sa Port in Danang City. The city wants to call for investment in Lien Chieu Port and make the Tien Sa Port the cruise port Six of the projects have had their scales determined, with a combined investment capital of more than VND100 trillion, while the four remaining projects depend on proposals from investors. The project of building the city subway system will be the largest, with an amount up to VND54.5 trillion. The city wants to call for investment into this massive project under the Public - Private Partnership (PPP) mode. The system will follow two directions. One of them is on the East-West way, connecting the Nam O region in the Northwest, adjacent to Hai Van Pass, going through the downtown area to the An Hai Dong area (My Khe beach). Meanwhile, on the North-South way, the subway will start from the Son Tra Tinh Vien area (in Son Tra peninsula) to the vicinity of Danang airport. … [Read more...] about VIETNAM BUSINESS NEWS MARCH 6

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