Last week, the (SBI) announced that it will allow customers to submit their documents for the purpose of updating their KYC details via email or post. SBI, announced via its official Twitter handle that customers will not have to visit a branch to update their KYC details. SBI stated that it has taken this step due to the rise in Covid-19 cases and the resultant lockdowns in various states. Prior to this, account holders were required to visit the branch personally with the KYC documents. “Partial freezing of CIFs due to KYC updation is not done up to May 31,…
Author: Miley Selena
Domiciliary hospitalisation is a situation where the insured person is considered or treated as hospitalised even when he/she is at home. Many of the expenses incurred towards the treatment are covered by the insurance company. This is a feature of many health insurance policies, especially those that have been issued in the past 4-5 years. The domiciliary hospitalisation feature is especially useful now as many Covid-19 patients are being turned away by hospitals due to shortage of resources such as oxygen, medicines, beds etc. These patients have no choice but to opt for home treatment. Further, where one cannot avail…
(This story originally appeared in on May 04, 2021)CHENNAI: As the number of people hospitalised due to Covid rise, many find that they have to settle a big chunk of the bill out of their own pockets despite having health insurance. Policyholders are again caught in the crossfire between hospitals and insurers over the treatment of consumables like personal protection equipment (PPE) kits resulting in only 45% to 80% of hospital bills being recoverable by customers. For 81-year-old diabetic and hip fracture patient K Saraswathi, who was treated for Covid-19 for eight days got only Rs 56,500 reimbursed of the…
Two men in Hanoi and Da Nang were confirmed with Covid-19 Tuesday morning as Vietnam is dealing with a fresh community outbreak. Around two million students from kindergarten to high school levels in Hanoi have been asked to stay home starting Tuesday amid rising coronavirus concerns. Visit Vietnam Insider’s homepage for more stories. Vietnam confirms two more local Covid-19 cases in Da Nang, Hanoi, Health Ministry reported. The Da Nang case, 28, resides in the central town of Hoi An in Quang Nam Province but has come to live and work in neighboring Da Nang since April 29. He started…
Up to 53% of enterprises in Vietnam advertised their websites and mobile applications through social networks 57% of businesses spent less than VND10 million on online advertising in 2020 Visit Vietnam Insider’s homepage for more stories Businesses are still spending a lot on advertising on social media and search engines. This trend has yet to change as many Vietnamese companies consider these the main channels to reach customers. Social networks and search engines are two platforms that businesses consider to be highly effective in online advertising. Vietnamese businesses are spending a great deal on these two channels. According to the…
Authorities in HCM City are looking for two Chinese people who absconded from a local quarantine facility. The two men, one aged 22 and the other aged 20, are among 11 Chinese people who were found to be illegally staying in HCM City earlier. The two fled a quarantine site in Cu Chi District on Sunday evening. Cu Chi District’s authorities have been checking all local guest houses but failed to find them. Nguyen Huu Hoai Phu, chairman of the district, said that they would have fled to other districts. At a meeting on the city’s Covid-19 prevention and control,…
Ten of the new cases are local transition, who were from Vinh Phuc province (8) and Ha Nam (2). Nine other cases were imported ones. Vinh Phuc province will test entire its population for coronavirus. Visit Vietnam Insider’s homepage for more stories. On Sunday eventing, Vietnam reported 19 new COVID-19 cases, according to the Health Ministry newspaper. Vinh Phuc, an ongoing Covid-19 hotspot, would test all its citizens for the novel coronavirus, prioritizing those in places with high infection risks, VNExpress reported. “We would construct a step-by-step testing plan for all citizens,” Le Duy Thanh, chairman of the northern province’s People’s…
Saigon, Hanoi to suspend entertainment, street food services to ward off coronavirus, reported the VNExpress. Vietnam has recorded 24 new cases since April 29 located in many cities following over a month with no community transmissions. Visit Vietnam Insider’s homepage for more stories. Ho Chi Minh City (Saigon) would shut its theatres, massage parlors, spas, and gaming cafes while Hanoi suspends street food vendors and cafes starting Monday afternoon amid new coronavirus outbreaks. In HCMC, the businesses have been ordered closed from 6 p.m. Monday, said Nguyen Thanh Phong, chairman of the municipal People’s Committee. Sporting events and non-urgent meetings…
Even as the Vietnamese stock market is known to yield rock-solid returns, it is still believed to be a golden minefield for anyone who has the most crucial financial knowledge of this murky world of investments. Besides, as a greenhorn, you can get tripped while attempting to keep tabs with the trends or blind yourself to the truths of the market. It is essential to come up with a long-term strategy and find some time to equip yourself with some industry practices. Vietnam continues to hit the airwaves with its high-flying stock market that is among Asia’s leading exchanges, tripling…
Ha Giang used to be an unknown destination only visited by adventurous backpackers has grown enormously over the past few years into a real hotspot in Vietnam. Fortunately, it is still raw, authentic and genuine. Ha Giang is located in the far north of Vietnam, about 280 kilometers from Hanoi. The impressive mountains in combination with the unique culture of ethnic minorities are attracting more and more tourists. 1. The most impressive mountain scenery The whole of the north of Vietnam is known for its beautiful mountain area, but the most impressive mountains can be found in the province of…