Those who have to update their KYC details of their bank accounts can breathe a little easy. The Reserve Bank of India (RBI) announced today that banks should not take punitive action against those customer accounts where periodic KYC updating is due/pending. RBI has given time until December 31, 2021 for customers to update their KYC details. This announcement was part of the RBI governor, Shakthikantha Das’ unscheduled speech on May 5, 2021 to announce measures to tackle the ongoing second wave of the novel coronavirus pandemic. “Keeping in view the COVID related restrictions in various parts of the country,…
Author: Miley Selena
Three Indian men among 11 new Covid-19 patients in Vietnam, the Ministry of Health reported on yesterday evening. With these new infection cases, the number of Covid-19 patients in Vietnam has increased to 2,996. Vietnam Capital city of Hanoi suspends more non-essential services in Covid-19 fight. Visit Vietnam Insider’s homepage for more stories. Three Indian nationals and eight Vietnamese people have tested positive for SARS-CoV-2, raising the total number of Covid-19 patients in the country to 2,996. According to the Health Ministry’s report, one of the eight new Vietnamese patient is a locally-transmitted case who resides in Danang City. The…
Vietnamese police interrogate 39 Chinese on suspicion of illegal entry. Visit Vietnam Insider’s homepage for more stories. An investigation is underway in Vinh Phuc Province after local police have detected a total of 39 Chinese suspected to enter Vietnam illegally, Tuoi Tre Newspaper reported. The detection was made while Vietnamese authorities at all levels have been taking necessary measures to contain the COVID-19 pandemic, including the prevention of illegal entry made by people from the country’s neighbors, including China. Police in Vinh Phuc said on Tuesday morning that these Chinese had been found residing illegally at three locations in the provincial capital city…
The central city of Danang is seeking government approval to temporarily suspend flights that transport Vietnamese citizens from abroad to the city. The proposal was signed by chairman of the municipal people’s committee Le Chung Trinh to be submitted to Prime Minister Pham Minh Chinh, the ministries of Transport, Health and Foreign Affairs. According to the document, so far this year, Danang has received around 11,800 people from abroad. The city quarantined up to 8,000 people from these flights in April. Since the beginning of the year, the city has recorded 72 Covid-19 patients who are migrants, including 61 cases…
Minister of Construction Nguyen Thanh Nghi said the ministry will change the policies related to the development of affordable housing by adopting a new mindset. Speaking recently at a conference on the ministry’s work in the first quarter and discussing tasks in the second quarter, he said one of the key tasks is management of housing projects and the real estate market. The ministry will build a national housing development strategy with special attention to solve problems related to affordable housing. Also, it will complete the compilation of a draft decree amending a decree on the renovation and reconstruction of…
The new regulation will be applied from May 4 until further notice Vietnam is quarantining nearly 40,000 people Visit Vietnam Insider’s homepage for more stories The violations of quarantine rules have caused the fresh outbreak of coronavirus in Vietnam. Vietnam’s Ministry of Health on May 4 asked health authorities nationwide to extend the mandatory quarantine period after dozens of Covid-19 cases are infected from those who finished the isolation. The new regulation will be applied from May 4 until further notice. Directors of the Centers for Disease Control and Prevention (CDC) and the Preventive Medicine Departments in cities and provinces…
‘Horrible’ weeks ahead as India’s virus catastrophe worsens according to the dean of Brown University’s School of Public Health in the U.S. The death and infection figures are considered unreliable because testing is patchy and reporting incomplete. Visit Vietnam Insider’s homepage for more stories. COVID-19 infections and deaths are mounting with alarming speed in India with no end in sight to the crisis and a top expert warning that the coming weeks in the country of nearly 1.4 billion people will be “horrible.” India’s official count of coronavirus cases surpassed 20 million Tuesday, nearly doubling in the past three months,…
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An Indian expert, who works for car manufacturers VinFast has tested positive for coronavirus after finishing quarantine. The Park 10 building of the Times City complex in Hoang Mai District of Hanoi with 1,500 residents in Hanoi has been placed under lockdown until further notice. Visit Vietnam Insider’s homepage fore more stories. The 37-year-old man arrived in Vietnam on April 17 and was quarantined at Canh Hung Hotel in Hai Phong City. After two weeks and two negative tests, he was allowed to leave for Hanoi along with his wife and their two children by taxi on May 1, reported…
Vietnam sees strong import, export recovery in first quarter of 2021. Enterprises expect their production and business in the second quarter to be better than the first quarter. Visit Vietnam Insider’s homepage for more stories. Vietnam saw strong import-export recovery in the first quarter, estimated at US$152.65 billion, up 24.1 per cent year-on-year. According to industry and trade official, the country has been making good use of the new-generation FTAs that have taken effect, such as the EU-Vietnam Free Trade Agreement (EVFTA), the UK-Vietnam Free Trade Agreement (UKVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).” Related: Vietnam records…