Cha Nam Gyu, CEO of Hanwha Life (Korea) and Back Jong Kook, chairman and general director of Hanwha Life Vietnam at the ceremony The anniversary took place at Vinpearl Luxury resort in the Danang city in Vietnam’s central region, featuring the presence of Cha Nam Gyu, CEO of Hanwha Life (Korea), Goo Do-Kyo, director of Sale of Hanwha Life (Korea), Phung Ngoc Khanh, director general of Insurance Supervisory Authority (ISA), and business partners, employees and financial consultants of Hanwha Life Vietnam. Reaching its 10-year milestone, Hanwha Life Vietnam also marks a step forward in developing its outlook for the future. “Hanwha Life Vietnam will make every effort to remain productive and contribute to raising Vietnam’s status in a context of international economic integration. With the strong backing of its parent company, I believe that Hanwha Life Vietnam will be achieving incessant growth in the years to come,” said Back Jong Kook, chairman cum general … [Read more...] about Hanwha Life Vietnam pledges long time commitment to Vietnam on its 10th anniversary
LOTTE Finance launches credit cards with annual fee cashback for life
The credit card launch marks an important milestone for Lotte Finance in positioning its premium brand in the Vietnamese market, while demonstrating the company's commitment to become a trusted and beloved financial partner to Vietnamese people. LOTTE Finance launches two new credit cards that come with abundant bonuses On April 14, 2019, Lotte Finance Vietnam Co., Ltd. (Lotte Finance) has officially launched two new credit card products with attractive features and benefits such as annual fee cashback for life as well as discounts and bonus points at Lotte Group's service system, including its food chain, coffee shops, and cinemas. Accordingly, the credit cards launched are Lotte Finance Visa and Lotte Finance Visa Platinum. As a financial company under the South Korean conglomerate Lotte Group, Lotte Finance provides various benefits to its credit card customers through attractive incentive schemes. While enjoying the services of Lotte Group’s affiliates, customers … [Read more...] about LOTTE Finance launches credit cards with annual fee cashback for life
Human development important to 13 localities: PM Phúc
Prime Minister Nguyễn Xuân Phúc speaks at a working session of the 13th National Party Congress’s sub-committee on socio-economic affairs with the participation of leaders of Hà Nội and 12 other localities in Hà Nội on Tuesday. — VNA/VNS Photo Thống Nhất HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has stressed the importance of human development, followed by three pillars of economy, society and environment, as measures for localities to develop. Chairing a working session of the 13th National Party Congress’s sub-committee on socio-economic affairs with the participation of leaders of Hà Nội and 12 other localities in Hà Nội on Tuesday, Phúc said that the people should be the centre of all development strategies. To do so, he urged localities to boost administrative reform, innovate working styles and take local development to contribute to the development of … [Read more...] about Human development important to 13 localities: PM Phúc
FIEs open doors to global supply chain
Multinational corporations are investing a vast amount in Vietnam in line with its new-generation FDI attraction strategy, Photo: Le Toan A number of leading multinational corporations (MNCs) in the automotive, electronics, energy, and household appliance sectors are paying more attention to the acceleration of the linkage process by helping local companies become their suppliers, while enabling existing suppliers to expand their business and share of added value. Such major names include Samsung, Bosch, Canon, Ford, GE, Panasonic, and Toyota. For example, the high-tech manufacturing base of the US’ GE in the northern port city of Haiphong is planning to increase the localisation rate to 20 per cent, thus bringing in more opportunities for Vietnamese suppliers. Similarly, Panasonic Vietnam is also among the Japanese enterprises who previously found it hard to choose Vietnamese businesses as suppliers. The firm is trying to improve the situation. “We are happy to work … [Read more...] about FIEs open doors to global supply chain
Trade, investment agreements between ASEAN nations inked
The ASEAN economic ministers sign the ASEAN Trade in Services Agreement (ATISA) and the fourth protocol amending the ASEAN Comprehensive Investment Agreement (ACIA) in Phuket, Thailand, April 23, 2019 - Photo: VNA The signing ceremony was held within the framework of the 25th ASEAN Economic Ministers (AEM)’s Retreat, which took place in Phuket from April 22-23. The ATISA will replace the ASEAN Framework Agreement on Services (AFAS) that took effect since 1995, benefiting services in healthcare, tourism, accommodation, construction, and convention and exhibition services. The ATISA, coming into force in the next 180 days, aims to improve standards and effectiveness of regulations on service at ASEAN country members, reduce trade barriers as well as strengthen the transparency in trade and service within ASEAN countries. Meanwhile, the fourth protocol amending the ACIA is expected to attract more foreign … [Read more...] about Trade, investment agreements between ASEAN nations inked