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"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 experiences.
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 points.
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