"I believe that life insurance products with a focus on investments have
a great future in Viet Nam," Ly Nhon , chief financial officer, AIA
Vietnam and an International financial expert, told the Viet Nam News on the outlook of financial offerings.
Sacombank and seven other banks yesterday signed credit contracts worth
more than VND1,209 billion (US$57.5 million) to support 44 businesses
and six households in District 9 and Thu Duc District.
Shares continued to sway between gains and losses in the afternoon
before closing slightly higher on both stock exchanges yesterday.
Viet Nam's poverty rate is estimated at around 10 per cent but the
number of people who do not achieve social well-being is believed to be
much higher. It's necessary to go beyond income when defining people's
Viet Nam has so far only accomplished 30 per cent of the workload to
modernise weather forecasting technology and upgrade monitoring systems.
Investors viewing Viet Nam's investment environment favourably has
increased over the last six months, according to a bi-annual survey on
the nation's private equity outlook done by Grant Thornton Vietnam.
Taxis operating in HCM City will be subject to greater scrutiny and
punishment in the coming months, says Duong Hong Thanh, deputy director
of the city's Transport Department.
The VN-Index on the HCM City Stock Exchange tumbled during all five
sessions last week, concluding the week off 3.6 per cent to 509.03
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