VietNamNet Bridge – More than 500,000 domain names had been registered as of June, according to the Vietnam Internet Network Information Center (VNNIC), but only 280,000 had been activated. From early September 2014, the trade and auction of domain names will be recognized as legal under the Prime Minister’s Decision No 38. The unregistered domain names, expired domain names and the telecom number repository all will be put into trade and auction under the management by the Ministry of Information and Communication. Applauding the decision, Le Hai Binh, chair of Mat Bao Company, said it was necessary to create clear regulations to create a legal market for domain name traders. Until the decision was released, traders had felt insecure because their transactions were not protected by laws. Binh said that the green light turned on by government will help make the trade activities more active, and that a series of domain name trading floors will be set up soon. In the third … [Read more...] about Domain-name market takes shape, auction to begin in Sept.
Great legal marketing
Consumer Taste Surveys Needed to Penetrate French Market "For successful penetration, as well as to improve competitiveness in a large market like France, Vietnamese enterprises need to equip themselves with knowledge about legal, economic, and cultural aspects of the market." This is the recommendation of Mr Olivier Monange, Representative of DS AVOCATS Law Firm in Vietnam, at the Workshop on "French Market- Opportunities and Practice” held by VCCI - HCM in coordination with the French Chamber of Commerce and Industry in Vietnam (CCIFV). The 5th largest economy in the world with a population of 65.8 million, France is considered a great potential market. The French market is appreciated by foreign investors for economic and political stability. The labour force in France is the world leader on productivity and attractive tax policies. It also offers a stable investment environmental, with profitable investment in real estate, tourism, food industry, pharmaceuticals, … [Read more...] about Consumer Taste Surveys Needed to Penetrate French Market
Of this total, the revenue from non-life insurance premiums was VND40.56 trillion, up 10.61 percent, and life insurance premiums was VND65.05 trillion, rising 28.9 percent, said Pham Thu Phuong, Deputy Director of the Ministry of Finance’s Insurance Supervisory Authority (ISA).Besides maintaining a high growth rate, the financial status of insurance firms has also improved in 2017, Phuong said. Their total assets are estimated to rise 23.44 percent to VND302.94 trillion.This year, insurance companies re-invested VND247.8 trillion into the economy, which is a rise of 26.74 percent from last year. They also purchased Government bonds worth VND20.86 trillion in 2017.The insurers also paid VND29.42 trillion for customers, up 14.92 percent compared with last year.Insurance market maintains growth above 21 percent (Illustrative image. Source internet)Next year, the target of the insurance sector is to gain total revenue of VND129.24 trillion, up 22.38 percent from 2017. The sector also … [Read more...] about Insurance market maintains growth above 21 percent
The insurance market has maintained a high growth rate of 21.2 per cent in 2017, gaining revenue of VND105.61 trillion (US$ 4.65 billion), a senior finance ministry official has said. Of this total, the revenue from non-life insurance premiums was VND40.56 trillion, up 10.61 per cent, and life insurance premiums was VND65.05 trillion, rising 28.9 per cent, said Pham Thu Phuong, deputy director of the Ministry of Finance’s Insurance Supervisory Authority (ISA). Besides maintaining a high growth rate, the financial status of insurance firms has also improved in 2017, Phuong said. Their total assets are estimated to rise 23.44 per cent to VND302.94 trillion. This year, insurance companies re-invested VND247.8 trillion into the economy, which is a rise of 26.74 per cent from last year. They also purchased Government bonds worth VND20.86 trillion in 2017. The insurers also paid VND29.42 trillion for customers, up 14.92 per cent compared with last year. Next year, the target of the … [Read more...] about Insurance market maintains growth above 21%
The labour sector plans to boost labour export to the potential market, which is predicted to become the top destination for Vietnamese migrant workers next year. According to experts, over the past few years, Japan has been one of the most booming labour markets, after Taiwan, and this has been reflected in multiple fields and different industries. At present, about 100,000 Vietnamese apprentices are following training courses to improve their skills in Japan, particularly in electronics, outsourcing mechanical engineering services, seafood processing, garment industry, construction and agriculture. Pham Viet Huong, deputy head of Overseas Labour Management Department under the Ministry of Labour, Invalids and Social Affairs says that despite Japan being regarded as a demanding market, the country remains the focal point for Vietnam’s labour export demonstrated by the number of Vietnamese workers having increased from 27,000 in 2015 to nearly 40,000 in 2016. In the first … [Read more...] about Japan likely to become top labour market of Vietnam in 2018