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HCM City receives $4 billion in remittances in nine months Remittances flows into Ho Chi Minh City reached 4 billion USD in the first nine months of 2020 despite impacts of COVID-19 pandemic, representing a rise of 2 percent over the same period last year, according to a municipal official. … [Read more...] about Vietnam’s $15.7 billion remittances 9th highest globally

In an interview recently granted to Vietnam News Agency correspondents in Seoul, the Republic of Korea (RoK) Linh, who is also a member of the Vietnam Fatherland Front Central Committee, said the Congress is a significant political event that will encourage the entire Party, people and armed forces to continue speeding up comprehensive and synchronous reform, carrying the country towards rapid and sustainable development. … [Read more...] about VIETNAM NEWS JANUARY 25

The domestic credit chip cards are expected to be officially launched this week. The seven banks include Viet Nam Joint Stock Commercial Bank for Industry and Trade (Vietinbank), Ban Viet Joint Stock Commercial Bank (VCCB), Asia Commercial Bank (ACB), HCM City Housing Development Commercial Joint Stock Bank (HDB), Bao Viet Bank (BVB), Sai Gon Thuong Tin (Sacombank) and Viet Nam Thuong Tin (Vietbank). … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 25

Mr. André Mack, Director & Deputy Senior Managing Director of EHL Advisory Services also shared his vision regarding the upcoming Hotel Academy Phu Quoc" EHL is delighted to partner with Cityland Group to establish the very first VET by EHL center in Vietnam. We believe that this partnership will set up a unique hospitality education community within the region by providing students with an education that upholds the highest international standards and EHL excellence and supports the local hospitality industry development. " … [Read more...] about CityLand Education (Vietnam) Announces Partnership with VET by EHL

[2] Calculation of total internal Rate of Return at maturity includes Guaranteed Monthly Annuity Payment and Non-guaranteed Monthly Annuity Payment, and assumes that the Annuitant receives annuity payment on a monthly basis. Assuming the Annuitant is a 45 years old non-smoker male at application, 3.28% of total Internal Rate of Return at maturity is calculated based on 9-year premium payment period with monthly premium payment mode and 10 years of accumulation period. While 4.32% of total Internal Rate of Return at maturity is calculated based on 5-year premium payment period with annual premium payment mode and 30 years of accumulation period. This is calculated on a best estimate basis which is based on the current dividend scale and assume no cash withdrawal or policy loan during the entire policy and all premiums have been paid in full within the premium payment period. The current dividend scale does not reflect future performance and is non-guaranteed. Please refer to the … [Read more...] about FTLife survey shows Hongkongers far less confident about retirement due to pandemic, while younger generation lacks wealth management knowledge