Hanoi (VNA) - As of 2020, 11 percent of Vietnam’s population had
taken out
life insurance, heard a recent symposium in Ho Chi Minh City.
According to Ngo Trung Dung, Deputy Secretary General of the Insurance
Association of
Vietnam, the figure is set to rise to 15 percent by 2025.
Revenue from insurance premiums was 186.22 trillion VND (8 billion USD) in
2020, up 16.5 percent year-on-year.
Of this, 130.55 trillion VND came from life
insurance premiums, a rise of 22
percent.
Insurers paid out 47.03 trillion VND in claims during the year, Dung said.
He noted that the insurance sector is forecast to experience significant change
over the next decade, adding that given the fierce competition, insurance companies
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Wednesday, January 23, 2013 13:54
VUFO President Nguyen Phuong Nga posthumously presents the “For peace and friendship among nations” insignia to late American peace activist Rennie Davis (Photo: VNA)
Hanoi (VNA) - The Vietnam Union of Friendship
Organisations (VUFO) on April 15 held a ceremony to commemorate and posthumously
present the “For peace and friendship among nations” insignia to Rennie
Davis, an
Born on March 23, 1940 in Michigan’s Langsing city, Rennie
was one of the leaders of the anti-war movement in the US in the 1960s and 1970s.
In the 1960s, he was one of the founders and leaders of
the Students for a Democratic Society and a coordinator and director of the National
Hanoi Driving activity in Vietnam has picked up in recent weeks amid easing movement restriction measures, painting a bullish outlook for the country s motor fuel demand and imports, while providing a much needed avenue for the region s major transportation fuel suppliers, including South Korea and Malaysia, aiming to increase exports in 2021.
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Driving activity in Vietnam has recovered to above baseline levels in mid-March, from the low of 55% below baseline levels in February, according to mobility data from Apple. It was around 5% above baseline as of April 12. In February, the Vietnam government had re-implemented some movement restrictions following the discovery of new COVID-19 clusters, with non-essential businesses in Ho Chi Minh City shuttered on Feb. 9.