Author: Miley Selena

Prosecution rates for wildlife violations have increased 50 percent over the last three years thanks to a project which focuses on protecting wildlife in Vietnam. That was one of the key results of the USAID Saving Species project announced in Vietnam capital city of Hanoi on Friday, at a virtual event that marked the end of its five-year implementation, Vietnam News Agency reported. The US-supported project began in 2016 with coordination between the U.S Agency for International Development (USAID) and the Vietnam’s Ministry of Agriculture and Rural Development. Related: Vietnam to suspend wildlife import, here’s how The project helped Vietnam’s Government…

Read More

The prolonged COVID-19 pandemic has unexpectedly created “golden” conditions for the financial industry to accelerate digital transformation and shift to cashless payments. However, mobile payments need to be implemented soon to reduce the disparity between urban and rural areas. They can also be an effective payment channel in supporting people in remote and isolated areas. In addition to online shopping, people can also pay for their electricity, water, telecoms and even hospital fees through banking accounts or e-wallets. Related: COVID-19 is speeding up Vietnam’s digital transformation. Here’s how! Since the outbreak of COVID-19 in early 2020, the number and value of…

Read More

Today is the third largest single-day tally since Covid-19 broke out in Vietnam with 6,468 cases recorded in the community with unclear sources of transmission. Shippers allowed to resume operation in eight high-risk districts if Ho Chi Minh city. They must undergo Covid-19 testing at mobile medical stations every morning, and if the results come back negative, they are allowed to operate. Visit Vietnam Insider’s homepage for more stories. Vietnam’s health ministry reported another 12,097 new Covid-19 cases in 39 cities and provinces on Saturday, bringing the new wave total to 418,321. Today is the third largest single-day tally since Covid-19…

Read More

New Delhi: More good news for investors in the six schemes closed down by Franklin Templeton Mutual Fund in April 2020. The fund house will pay out Rs 2,919 crore to investors in the six schemes next week, which is more than 48% of the current AUM of the six schemes. With this payout, the balance in the six schemes will come down to Rs 3,146 crore. Some investors have been luckier than others. After the payout, investors in the Franklin India Low Duration Fund would have got back almost 96.5% of the value of their investment. The scheme will…

Read More

While Vietnam’s prospects remain positive, World Bank said that the authorities should address the heightened social, financial, and fiscal risks. The Vietnamese economy could expand by around 4.8 per cent in 2021 and converge toward the pre-pandemic GDP growth rate of 6.5 to 7 per cent from 2022 onward, according to World Bank. This projection remains positive, but it is 2 percentage points lower than the one in the December 2020 because of the negative effects associated with the latest Covid-19 outbreak and is subject to further risks to the downside. Related: Vietnam’s GDP is expected to grow by about 4.8%…

Read More

Biden ordered U.S. flags to half-staff across the country in honor of the 13. “We will hunt you down and make you pay,” Bidden said. US airstrike targets Islamic State member in Afghanistan. Visit Vietnam Insider’s homepage for more stories. Acting swiftly on the U.S President Joe Biden’s promise to retaliate for the deadly suicide bombing at Kabul airport, the U.S. military said it used a drone strike to kill a member of the Islamic State group’s Afghanistan affiliate. The strike Saturday came amid what the White House called indications that IS planned to strike again as the U.S.-led evacuation…

Read More

The cause of the coronavirus remains an urgent public health and security concern worldwide. China “continues to hinder the global investigation, resist sharing information and blame other countries, including the United States.” Visit Vietnam Insider’s homepage for more stories. The US intelligence still divided on origins of coronavirus but believe China’s leaders did not know about the virus before the start of the global pandemic, according to results released Friday of a review ordered by President Joe Biden. According to an unclassified summary, four members of the U.S. intelligence community say with low confidence that the virus was initially transmitted…

Read More

The government’s Gold Monetisation Scheme (GMS) allows you to deposit your idle gold with a Reserve Bank of India (RBI) designated bank and earn interest on the same. This works similar to a bank fixed deposit. Depending on the tenure of the GMS one opts for, one can earn up to 2.5% interest per annum. The scheme was launched by the government in 2015 with an intention to put the idle gold stored by individuals in their homes and bank lockers to productive use. However, the scheme did not find many takers -one of the main reasons being what happens…

Read More

The Food Safety Authority of Ireland (FSAI) has announced its decision to recall a range of Acecook Vietnam instant noodle products. Some batches of Hao Hao and Good noodles produced by the Acecook Vietnam Company contained ethylene oxide. This is a substance that cannot be used in foods sold in the European Union (EU), according to information on the FSAI website published on August 20. Related: Acecook aims to double increase sales of cup noodles in Vietnam In the recall list, there are 3 products, including Hao Hao spicy and sweet and sour shrimp noodles (77g, expiration date September 24, 2022)…

Read More

Vietnam Airlines aims to start first US route in October, 2021. Vietjet and startup Bamboo Airways have all voiced interest in flying directly to the U.S. But it is unclear whether flights would commence given the current severity of Covid-19 in Vietnam. The state-owned carrier will use either Boeing 787 or Airbus SE A350 aircraft for its inaugural U.S. route from Ho Chi Minh City to San Francisco with one refueling stop, Bloomberg reported. Since last year, the airline has been operating irregular charter flights to repatriate Vietnamese from the U.S. during the Covid-19 pandemic. The airline will rely on…

Read More