Thailand’s popular resort island Phuket reopens to international tourism. More than 500 passengers are expected to fly in on Thursday. Thailand currently welcomes travellers from 66 countries and territories to Phuket under the new tourism model, including Australia, France, Germany, Hong Kong, Singapore, South Korea, Taiwan, UK, USA and Vietnam, among others. Visit Vietnam Insider’s homepage for more stories. The popular resort island of Phuket in southern Thailand reopened to international tourism on Thursday (Jul 1) after COVID-19 halted arrivals for more than a year. Tourists are no longer required to undergo any quarantine if they have been fully vaccinated…
Author: Miley Selena
If a Hindu male dies without a will then his assets are passed on to his Class I heirs like his mother, wife, son, daughter and so on (father is not an immediate Class I legal heir). However, this is not the case if a Hindu woman dies intestate. If a Hindu woman dies without a will then, who her class-I heirs are, depends on whether she has children. And just like the father is not an immediate legal heir of a Hindu male, there is a scenario Read more: EconomicTimes
International tourism arrivals are set to stagnate this year, except in some Western markets, causing up to $2.4 trillion in losses, a U.N. study said on Wednesday, adding the sector is not expected to rebound fully until 2023. More stories at Vietnam Insider’s homepage. COVID-19 vaccination and certificates are key to restoring confidence in foreign tourism, which provides a lifeline for many countries, especially small island states that rely heavily on the sector to provide jobs, it said. In 2020, international arrivals plunged by 73% from pre-pandemic levels in 2019, causing estimated losses of $2.4 trillion in tourism and related…
HCMC is now encouraging its businesses to perform quick Covid-19 tests on their employees weekly amid rising coronavirus fears. More stories at Vietnam Insider’s homepage. Businesses would pay for the tests themselves, according to the municipal People’s Committee. The list of firms encouraged to adopt the measure would be decided by the High-tech Park Management Board before July 4. The move is part of the city’s efforts to combat the coronavirus until July 10, it added. Besides the quick Covid-19 tests, the city would also ramp up testing and screening in industrial parks and high-tech areas, in which Covid-19 results…
Nearly 120,000 cases have been reported in the past week, up by 48,000 on the previous seven days. The Delta variant is now almost entirely driving Covid-19 transmission in Britain, but the lessons the world can learn from the UK are far from theoretical. When the United Kingdom emerged from one of the world’s longest and most stringent coronavirus lockdowns in April, it did so believing that the worst of the pandemic was over. Prime Minister Boris Johnson touted the successes of the country’s vaccination rollout, and promised a “cautious but also irreversible” roadmap that would culminate on June 21,…
Seoul delays relaxation of social distancing as COVID-19 cases surge. South Korea reported 794 new coronavirus cases on Tuesday, including the more transmissible Delta variant. Visit Vietnam Insider’s homepage for more stories. South Korea’s capital Seoul and its neighbouring regions will delay by a week the relaxation of social distancing rules due to a sudden increase in COVID-19 cases, authorities said. The government had said it would relax social distancing and allow private gatherings of up to six people in the greater Seoul area, up from the current four, starting on Thursday (Jul 1) as the country’s inoculation drive has been…
Vietnam’s ongoing outbreak continues to grow with 189 new domestic Covid-19 patients confirmed Thursday morning, including 158 cases in HCMC. The country has vaccinated more than 3.7 million people against Covid-19, including 193,041 who have got two shots. 189 local cases added to Vietnam’s Covid tally with most of the cases recorded in HCMC, the rest of the cases were registered in four other localities: Tien Giang (16), Phu Yen (eight), Hung Yen (six), and Vinh Long (one). All the new cases in HCMC were recorded in quarantine zones and areas that have been isolated. The cases in the Mekong…
Good news for fixed income investors as the government has decided to keep the interest rates on small savings schemes unchanged for the quarter ending September 30, 2021. This is the fifth quarter in a row that the government has kept interest rates on various post office schemes such as Public Provident Fund (PPF), National Savings Certificates (NSC), Sukanya Samriddhi Yojana (SSY) and others unchanged. This means that investors in PPF and SSY will continue to earn the same interest rate as they were earning during the quarter ending June 30, 2021. New investments into these schemes will also earn…
Experts are confounded, but officials are not very surprised that Vietnam managed to record a high GDP growth in the first six months. The say the two main factors in this growth surge are: the low base level last year and an impressive recovery in manufacturing. The first half growth rate was 5.64 percent, three times that of the same period last year, even though the country had to go through two major Covid-19 waves. Experts said the growth was surprising because the two localities with the highest infections were major industrial hubs: the northern province of Bac Giang and…
Vietnam’s benchmark VN-Index dipped 0.11 percent to 1,408.55 points Wednesday but with foreign investors net buying value the highest in nearly three months. The index remained in the green throughout the day but strong selling pressure in the last hour of trading brough it down nearly 1.5 points, ending a chain of four consecutive gaining sessions. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell 1.3 percent to VND21.05 trillion ($913.4 million). The bourse saw 233 tickers lose and 139 gain. Foreign investors were net buyers to the tune of VND1.75 trillion,…