Author: Miley Selena

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…

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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…

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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,…

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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…

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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…

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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…

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SynopsisSanofi India’s management has adopted cost control measures and has lowered promotional spends, which was visible in 2020. Its digital push, recent underperformance and the resultant lower valuation are the other factors that have made the company a favourite of analysts.Chronic therapeutic treatments contribute around 63% of Sanofi India’s domestic sales and the same is now under several restrictions due to the Covid-19 related disturbances. The company’s growth opportunities should improve once the situation stabilises and patients start coming back to the hospitals for treatment of other diseases. Despite short-term challenges, Sanofi continues to do well and was able to…

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Changes in investment rules and tax rates can prove beneficial or upset calculations. Some can boost investor sentiment, while others can pull it down. Here are some major changes in the past 10 years. April 2012 No tax on up to Rs 10,000 interest from savings bank account July 2014 Sec 80C investment limit increased to Rs 1.5 lakh Housing loan interest deduction increased to Rs 2 lakh Holding period for long-term capital gains from non-equity funds increased to three years. To be taxed at 20% after indexation. April 2015 Additional Rs 50,000 deduction for contribution to NPS under Sec…

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An insurance policy covers the policyholder against a financial loss caused due to specific contingencies. Though there are many types of insurance policies, it is important to know about some basic policies that one must have. Term life insurance This policy covers against the death of the insured. A person who has dependants should have a term life insurance. Signing up for a term plan at an early age, makes the person pay a lower premium over the term. Term plans inherently have lower premiums as compared to endowment plans or Ulips. Depending upon the age of applicant, one may…

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It is said death and taxes are the only two certainties in one’s life. But while the tax bit is certain, tax rates are not. Stock markets around the world went into panic mode recently as rumours floated that the US government planned to increase capital gains tax of Americans earning more than $1 million from 20% to 39.6%. As the rumour remained unconfirmed, the jitters subsided and the markets recovered. Indian investors need to worry more because tax changes are a regular affair in the country. While some of the changes have benefitted investors, some have been disruptive. One…

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