British travel publication Rough Guides listed Cai Rang floating market in Mekong Delta’s Can Tho City among the world’s 19 must-visit food hubs. The market, the biggest of its kind in the Mekong Delta where trading on waterways has been a way of life for generations, was the only Southeast Asian representative to break into the list. More stories at Vietnam Insider’s homepage. “Visiting the floating market in Cai Rang is a must when in Mekong Delta. A huge spread of produce is on sale from a fleet of brightly colored boats. Most traders advertise their wares from the top…
Author: Miley Selena
Since the COVID-19 pandemic started in 2020, foreigners living and working in Vietnam have been striving in many ways to overcome life’s challenges. More stories at Vietnam Insider’s homepage. Aside from finding personal balance for themselves, they have also formed small groups to go through this difficult time together. They have even implemented many meaningful projects to support the local Vietnamese community. Feeling blessed to be in Vietnam “I think I’m exceptionally lucky to be in Vietnam for the whole of 2020, as our lives were largely normal despite all that was transpiring around the world,” said Nilisha Bhimani, an…
Commercial banks have continuously announced lending interest rate reductions to support and accompany customers to overcome the adverse impacts of the COVID-19 pandemic. More stories at Vietnam Insider’s homepage. Vietcombank was the latest to announce a rate cut for loans from August 18, 2021 to December 31, 2021 for all businesses and individuals severely affected by the pandemic in 19 southern provinces and cities and currently applying social distancing according to the Government’s Directive 16. This was Vietcombank’s ninth interest rate reduction to support businesses and people affected by the pandemic and natural disasters since the beginning of 2020. Specifically,…
All thanks to Covid-19, the month of September in 2021 has become important from a personal finance standpoint. That is because there are five important money tasks that must be completed in September 2021. Missing some of these deadlines will lead to penal consequences. Here is a look at the five money tasks you must complete in the month of September: ITR filing for FY 2020-21 September 30, 2021 is the last date to file income tax return for FY 2020-21 for those individuals whose accounts are not required to be audited. Do keep in mind that if the ITR…
Vietnam’s gross domestic product is expected to grow by about 4.8% in 2021, although it posted a robust economic performance in the first half of this year, according to the World Bank Group (WB). This forecast, two percentage points lower than the projection made by the world lender in December 2020, was a result of the impact of the ongoing Covid-19 wave on economic activity, the Saigon Times reported. Related: “Reopen economy is an urgent task”, HCMCs new chairman said The forecast was made in the latest edition of Taking Stock – the bank’s biannual update on Vietnam’s economic performance…
The automotive sector was hit the hardest by supply chain disruptions during the Covid-19 pandemic, according to a survey that covered six broad industries. The survey was conducted by the Economist Intelligence Unit and sponsored by Citi. It surveyed 175 supply chain managers — more than 70% of which were based in Asia — in February and March this year, and its findings were released on Wednesday. In addition to auto, the respondents came from five other industries: Footwear and apparel; Food and beverage; Manufacturing; IT, tech and electronics; Healthcare, pharmaceuticals and biotechnology. Around 51.7% of respondents from the auto…
Vietnam’s Health Ministry confirmed 12,096 new Covid-19 cases Wednesday, up 1,296 from Tuesday. Ho Chi Minh City led with 5,294 new cases, followed by Binh Duong Province (4,129) and Dong Nai Province (618). New cases were also detected in Đồng Nai (618), Long An (460), Tiền Giang (319), Đà Nẵng (162), Khánh Hòa (150), Tây Ninh (119), Bình Thuận (106), Hà Nội (96), Nghệ An (95), Đồng Tháp (93), Cần Thơ (90), Bà Rịa – Vũng Tàu (75), An Giang (50), Đắk Lắk (40), Cà Mau (28), Phú Yên (27), Trà Vinh (24), Kiên Giang (23), Bình Định (18), Hà Tĩnh…
After its inception in 2010, Bitcoin was the first digital asset to spawn an entire market of currencies. Throughout its course, It had attracted a large following of investors who seemed to be very interested in its potential to become a substitute to our current physical monetary system throughout its course. It’s highly likely that it will still take a few years for a full transition. The cryptocurrency market has been known for being a volatile playground. During the rise in popularity and adoption of crypto, many people released ICOs (these stand for Individual Coin Offerings, similar to offering new…
The cryptocurrency markets may be a chaotic roller coaster of volatility, with large profits and losses possible. Cryptocurrency trading is a zero-sum game, meaning that not everyone can win. In fact, the vast majority of traders lose money, and only a select few ever achieve continuous profits. Making money as a crypto trader needs a certain amount of discipline; it isn’t about getting fortunate a few times. If you want to be successful in cryptocurrency trading, you need to focus on basics, good habits, and experience. In this article, we will go over five basic rules that can be helpful…
Though fighting the pandemic remains the top priority, HCMC will build draw a roadmap to gradually reopen the economy, the new municipal chairman said Tuesday. More stories at Vietnam Insider’s homepage. Opening the economy has become an urgent task, but in the context of the pandemic likely to persist for a long time, the city will have to devise plans that suit the new situation, newly elected chairman Phan Van Mai said at a press meet. In the coming days, the city will have a planning unit to identify specific solutions to be applied from now to mid-September and later.…