Vietnam Health Ministry confirmed 8,788 new local Covid-19 cases Wednesday, down 807 from Tuesday. 298 deaths were recorded Wednesday, bring the total since last year to 6,770, or 2.2 percent of total number of cases. Among the new cases, Ho Chi Minh City led with 3,731 cases, followed by Binh Duong Province (2,513) and Dong Nai Province (443). The changes compared to Tuesday are up 172 cases in HCMC, down 819 in Binh Duong and up 145 in Dong Nai. Related: HCMC found more Covid cases in community than in locked-down areas The country has recorded 298,013 cases since the…
Author: Miley Selena
A total of 126,157 city dwellers were inoculated against Covid-19 yesterday, most of them were administered with Sinopharm’s Covid-19 vaccine (Vero Cell) and safe. So far the total number of vaccinated people in HCMC has reached 4,925,718, reported the city Department of Health this morning. More stores at Vietnam Insider’s homepage. As of August 17, Vietnam has about 14.7 million people vaccinated against Covid-19, more than 13.3 million people have been vaccinated with one dose of the vaccine. In related news, the Ministry of Health yesterday sent an official dispatch to the Department of Health in the Southern Province of…
UNESCO heritage site Ha Long Bay in northern Vietnam is one of 12 nominees for Asia’s leading tourist attraction category at 2021 World Travel Awards. More stories at Vietnam Insider’s homepage. It will compete with other regional tourist destinations like Angkor Wat in Cambodia, the Great Wall of China, Forbidden City in Beijing, Tokyo Imperial Palace, and Victoria Peak in Hong Kong. The winner will be determined by votes from travelers around the world. Voting is open online on the World Travel Awards website, and will last until Sept. 1 this year. Voters are required to register for an account…
Poland said it would donate over 501,000 AstraZeneca Covid-19 vaccine doses and transfer another three million to Vietnam. More store at Vietnam Insider’s homepage. It would also aid Vietnam with medical equipment worth $4 million, expected to be delivered to Ho Chi Minh City on Aug. 25. In a Tuesday meeting between Prime Minister Pham Minh Chinh and Polish Ambassador to Vietnam Wojciech Gerwel, Chinh thanked the Polish government for the help and said he shared in Poland’s losses and difficulties during the pandemic, the country having recorded over three million Covid-19 cases and lost around 75,000 lives to the…
Vaccine equity will define how global economies recover from COVID-19. More than 50% of people in high-income countries have been vaccinated. The economic impacts of COVID-19 may last until 2024 in low-income countries. Just over 1% of people in low-income countries have been vaccinated against COVID-19 to date, which stands in stark contrast to 51% of people in high-income countries. The lack of accessible and affordable vaccines for all will fuel additional waves of infections, human suffering and death across the globe. But that is not the full story. COVID-19 vaccine injustice will also have a lasting and profound impact…
Budget 2021 had introduced a special provision in the Income Tax Act, 1961 (‘Act’) for higher deduction/collection of tax at source (TDS/TCS) for non-filers of income tax return, with effect from July 1, 2021. In order to discourage the practice of not filing an income tax return by a person in whose case a substantial amount of tax has been deducted/collected, it has been provided that the rate of TDS/TCS shall be double that of the specified rate or 5%, whichever is higher. The said provision shall be applicable only when the following two conditions are cumulatively satisfied: 1. Non-filing…
I am 35. I have just closed my home loan and car loan. I would be saving around Rs 25,000 per month from now. I get an in-hand salary of Rs 1.4 lakh per month. I already have an SIP of Rs 20,000 running for the past five years to build a corpus for my son. I have adequate life and health cover. How should I invest now to save for my retirement at 59? Prableen Bajpai Founder FinFix® Research & Analytics replies, Assuming a compounded annual growth rate (CAGR) of 11% on your investment of Rs 25,000 per month,…
Enterprises in Ho Chi Minh City will be allowed to resume operation during the social distancing period if they are able to function under one of the four required operating models, local authorities have announced. More stories at Vietnam Insider’s homepage. The announcement was made in an urgent dispatch issued by the city’s administration on Monday regarding measures to be taken for epidemic prevention and control from now until September 15. The city will allow five to ten percent of enterprises to resume their operation during the current social distancing period so long as they are capable of operating according…
Ho Chi Minh City has been finding larger numbers of coronavirus infections in the community than in fully locked-down areas, its chairman, Nguyen Thanh Phong, said on Monday. While previously cases in blockaded areas accounted for 80 percent of the daily tally. More story at Vietnam Insider’s Homepage. But of the 3,341 new cases Monday, “the number of cases found in the community accounted for 53 percent, more than in areas under lockdown,” Phong said while speaking at a meeting on implementing urgent measures to prevent and control Covid-19 in the area. “Whether the outbreak can be contained… depends greatly…
Vietnam’s largest E-commerce platform Tiki has raised $20 million from telecom operator Taiwan Mobile in return for a 2.7 percent stake in Tiki Global. According to a report by Deal Street Asia, the Series E funding deal values the Vietnamese company at $740 million, with Tiki having secured $94 million in the series within this month alone. Before the Series E, foreign investors held a 49.4 percent stake in Tiki. The biggest shareholder among them is Chinese e-commerce giant JD.com with a 18.2 percent stake, said the news source. Tiki had recently raised VND1 trillion ($43.9 million) in bonds with…