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Insurance market sees growth this year despite COVID-19 | Business

Illustrative image (Photo: tapchitaichinh.vn)   Hanoi (VNS/VNA) – Vietnam’s insurance market has experienced growth this year, while many other sectors are suffering a lot of negative impacts from the COVID-19 pandemic, according to the Ministry of Finance. The ministry reported total insurance premium revenue in 2020 is estimated at 184.7 trillion VND (7.86 billion USD), an increase of 15 percent compared to 2019. Total non-life insurance premium was 57.1 trillion VND (up 8 percent) and life insurance was 127.6 trillion VND (up 19.6 percent). Insurers have paid 48.2 trillion VND for customers, a surge of 11.4 percent year on year. According to the ministry’s Department of Insurance Management and Supervision, the pandemic has been controlled to

Foreign arrivals to Vietnam plummet 79 percent in 2020 | Travel

Friday, December 25, 2020 19:01 A view of Bai Dai Beach on Phu Quoc Island, a famous tourist destination in Kien Giang province (Photo: VNA) Hanoi (VNA) - Vietnam welcomed only 3.8 million foreign arrivals in 2020, down 78.7 percent from last year, as a result of the serious impact of the COVID-19 pandemic on the tourism industry, according to the General Statistics Office (GSO). Over 96 percent came to the country in the first quarter, before social distancing measures were imposed. As the country has yet to reopen to international tourists, most foreign arrivals since the second quarter have been experts and skilled personnel working in projects in the country.

Tet tour season hit by COVID-19 fears | Travel | Vietnam+ (VietnamPlus)

Monday, December 07, 2020 10:12 Children on a sightseeing tour at the Sai Gon Zoo and Botanical Garden in HCM City (Photo: VNA) HCM City (VNS/VNA) – Ho Chi Minh City’s travel firms have announced a number of domestic tours for Tet (Lunar New Year) with huge discounts and promotions. This year demand is lower than at the same time last year since customers are reconsidering plans to travel, Tran Thanh Vu, general director of Vinagroup Travel, told Nguoi Lao Dong (The Labourer) newspaper. Pham Quy Huy, director of Kiwi Travel, said in past years outbound tours were usually sold a few months prior to Tet followed

Domestic tours expected to surge for Tet holiday | Travel

Tourists at a floating fishing farm in the Mekong Delta city of Can Tho. (Photo: VNA) HCM City (VNS/VNA) With the third outbreak of the COVID-19 pandemic under control, the demand for domestic tours during the Tet ( Lunar New Year) holiday is expected to rise in the next few weeks, according to travel agencies. The country will enjoy a seven-day Tet holiday starting from February 10. Hundreds of domestic and overseas tours during Tet are usually introduced at this time of year, said Lai Minh Duy, general director of TST Tourist. Due to the pandemic, travel agencies are now focusing on only

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