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Established in 1831, Generali is present in 50 countries around the world with total premium income of more than €69.7 billion ($85.2 billion) in 2019 To mark this occasion and leave a tangible and lasting recognition of the bond between the company and the regions where it was born and has prospered, Generali announces Fenice 190, a €3.5 billion ($4.2 billion) investment plan to support the recovery of the European economies impacted by COVID-19, starting in Italy, France, and Germany and to then targeting all European countries in which Generali operates throughout the five years of the plan. Fenice 190 will make the extraordinary initiatives launched in 2020 to tackle the effects of the pandemic permanent, which included investments in support of small- and medium-sized enterprises (SMEs) and the real economy already surpassing the established objective of €1 billion ($1.2 billion). The more than 70,000 employees of Generali will play a leading role in celebrating the … [Read more...] about Generali launches Fenice 190 to support sustainable recovery from COVID-19

Projects such as Bunge’s agribusiness are expected to increase in number through stronger US ties. Photo: Le Toan In his first few days in office five years ago, President Donald Trump withdrew from the Trans-Pacific Partnership, which was a pillar of the Barack Obama administration’s pivot towards Asia. The remaining 11 member states have since reframed the agreement as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and President Joe Biden’s commitment to rebuilding relations with allies has sparked speculation about the US returning to the fold. Fitch Solutions under global ratings firm Fitch Group told VIR in a statement that Vietnamese trade would receive a surefire boost should new Biden decide to rejoin the CPTPP. “Biden stated in 2019 that the US should renegotiate parts of the CPTPP and re-assemble a coalition to counterbalance China’s perceived expansionist policies. The Trump administration withdrew from the original deal in 2017 … [Read more...] about Fresh dawn kindles for US-Vietnam relationship

New US President Joseph R. Biden was sworn in with his wife Jill Biden by his side, photo: AFP Last Wednesday many Americans breathed a sigh of relief as Joe Biden was sworn in as the 46th US President without any further incident from those who believe the election was “stolen” from former President Donald Trump. Instead of attending the ceremony as is tradition, Trump and his family took one last trip on Air Force One to Florida, where he will be based until the former reality TV star decides whether to run for president again in 2024 – or perhaps even endorse a family member for the post. Alongside Biden, Kamala Harris was sworn in as vice-president, becoming the first woman in American history – as well as the first woman of African-American and South Asian descent – to take on the role. “Few people in our nation’s history have been more challenged or found a time more difficult than the time we’re in now,” Biden said in his inauguration speech. He vowed to dedicate … [Read more...] about Domestic strife dampens US foreign policy

The Saigon football club has confirmed that its players Cao Van Trien and Tran Danh Trung will join Ryukyu FC in J-League 2. Cao Van Trien will play football in Japan "It is expected that in early July, Cao Van Trien and Tran Danh Trung will go to Japan to play for FC Ryukyu. We will arrange a team of Japanese experts to support them with their skill and Japanese language training programs so that they will be able to adapt to the new environment as soon as possible," said Saigon FC Chairman Tran Hoa Binh. Cao Van Trien is one of the prominent players of Saigon FC, who was summoned to the national team by Coach Park Hang Seo in late 2020. Trien left a good impression with coach Park during his debut. Meanwhile, Tran Danh Trung used to a member of U19 and U22 national squads. Saigon FC plans to send more players to Japan under a cooperation program. After goalkeeper Dang Van Lam, striker Cong Phuong, Tuan Anh, Cong Vinh, Vietnam will have more football players … [Read more...] about Two Saigon FC members to play football in Japan

At the event (Photo: baoquocte.vn) Washington D.C, (VNA) - The US will bolster support for countries in the Mekong subregion through the Mekong-US partnership, US Principal Deputy Assistant Secretary of State for the Bureau of East Asian and Pacific Affairs Atul Keshap said at a recent online seminar to reveal results of a report on transboundary rivers and addressing challenges in Mekong River. He said the support will focus on the management of transboundary water resources, regional economic connection, human resources development and response to non-traditional security challenges, including those in the health sector. The report was based on outcomes of a virtual Indo-Pacific conference on enhancing management of transboundary rivers hosted by the East-West Centre last October. Speakers at the event said that the Mekong subregion is facing challenges in security, development and climate change. Keshap expressed the US ’s concerns over impacts of hydropower dams … [Read more...] about US pledges to enhance cooperation with Mekong subregion’s countries