Many residential areas in central province of Thua Thien-Hue have been submerged due to heavy rains and floods “The U.S. Mission in Vietnam expresses our deepest condolences to the people of Vietnam for the loss of life, destruction of property, and displacement of people due to the flooding in central Vietnam. We stand together with the Government and the people of Vietnam as they mourn their loved ones, address the damage caused by this terrible flood, and move forward, as the people of Vietnam have always done. We pledge to assist you in your work to rebuild,” said Ambassador Kritenbrink. “I would also like to express my concern for persons with disabilities in the provinces affected by the typhoon as they are amongst the most vulnerable populations in this disaster. They are often home-bound, have less access to information and cannot take full advantage of preparedness activities and evacuation protocols,” he added. … [Read more...] about The United States Announces Assistance to Vietnam to Respond to Tropical Storm Linfa
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During the conference, donors contributed VNĐ38.2 billion (US$1.7 million) to support flood victims in provinces of Quảng Nam, Quảng Ngãi, Thừa Thiên-Huế, Bình Định and Đà Nẵng.— VNS … [Read more...] about Domestic market to help tourism sector in post-COVID-19-period
Ngo Thanh Nam, member of the Board of Directors of bolttech Ngo Thanh Nam, member of the Board of Directors of bolttech Vietnam, said, “We are very excited to join bolttech and PCG to grab new opportunities in Vietnam’s digital insurance market. Our goal is to take advantage of technology and digital platforms to deliver better customer experience. Entering the new phase of development under bolttech, we are ready to grow with a key focus on this goal.” … [Read more...] about Bolttech makes official foray into Vietnam’s insurance market
To cope with Covid-19, many governments around the world have had to accept economic sacrifices, with a rise in the public debt-to-GDP ratio and budget deficits. The budgets of quite a few governments have fallen into a situation of more spending and less revenue: spending on the health system, cash and credit supports for workers and the business community, plus reductions and deferment of payments of various taxes. In some states with a decent social security system like in Europe, the ratio of public debt to GDP is up to 80-110%, while budget deficits reach 8-9% of GDP. … [Read more...] about Demand stimulus: where to begin?
“For years, we’ve seen countless businesses around the world benefiting from the use of digital tools. Not only do they gain new skills, they now have the ability to reach new customers beyond their shores which ultimately helps to keep their businesses going,” she said. … [Read more...] about Digital literacy training available to 65,000 microfinance clients in Vietnam