Expansions emerging in bancassurance services 08:00 | 12/05/2021
Expansions emerging in bancassurance services, source: pgbank.com.vn
On April 28, Bao Viet Life Insurance Corporation and PGBank â the banking arm of Petrolimex â inked a comprehensive agreement to provide exclusive bancassurance services. Bao Viet Life and PGBank will gear up their activities with a major focus on providing Bao Viet insurance products through PGBankâs channels, payment, and collection services, diversifying banking products.
Nguyen Phi Hung, general director of PGBank, said that bancassurance is one of the most appealing distribution channels of insurance services nationwide.
âThe strategic cooperation between banks and insurance is an inevitable trend, thus opening up new opportunities for both sides. We are very honoured to be a trusted partner of Bao Viet Life Insurance to provide seamless, best-in-class insurance products to our customers,â
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05/05/2021 12:11 GMT+7
Rubber industry needs to develop production chain
Rubber latex of Quang Tri Rubber Co Ltd. Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets.
Viet Nam s rubber industry needs to develop its production chain to meet the increasing demands of export markets, especially fastidious markets such as Europe and the US, according to experts.
To Xuan Phuc, an expert of Forest Trends said Viet Nam s export of processed rubber has been increasing to many countries. However, Viet Nam s export rubber products must meet many requirements on the export market, including legal issues.
The stock market closed the first session of May on a mixed note as the growth of banking shares rescued the VN-Index from a fall while the HNX-Index slumped due to the resurgence of COVID-19 in Vietnam.
Vietnam s Bamboo Air plans third quarter US-IPO to raise US$200 Million thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Additions to auto accident rules ease insurersâ responsibilities 14:04 | 03/02/2021
Additions to auto accident rules ease insurersâ responsibilities
The government has issued Decree No.03/2021/ND-CP on compulsory insurance for civil liability of motor vehicle owners, which will come into effect from March 1. The main focus of the decree is the addition of cases in which insurances can refuse to compensate for.
Along with seven existing regulations, insurers will no longer indemnify for damage if accident-causing vehicle drivers have alcohol levels in their blood or on their breath, or if they have been found to have used banned drugs.
Tran Nguyen Dan, director of the Institute of Insurance and Financial Risk Management said that he agreed on updates, which should contribute to lowering incidents involving drugs and alcohol in traffic.