The government has approved the emergency use of the Covid-19 vaccine by U.S. firm Moderna, the Ministry of Health has announced. It is the fifth to be approved after Russia’s Sputnik V and those made by the U.S.’s Pfizer and Germany’s BioNTech, China’s Sinopharm and British-Swedish firm AstraZeneca. More stories at Vietnam Insider’s homepage. It is developed from messenger RNA, or mRNA, which contains instructions for human cells to construct a harmless piece of the coronavirus called the spike protein that triggers an immune response in humans. Some 53 countries and territories have been using the vaccine including the U.S.,…
Author: Miley Selena
Vietnam’s fruit and vegetable exports are anticipated to prosper ahead in the fourth quarter of the year and are likely to achieve the export target of between US$3.5 billion and US$3.6 billion, according to forecasts made by the Agro Processing and Market Development Authority. More stories at Vietnam Insider’s homepage. The country raked in a total of US$1.77 billion from exporting fruit and vegetables during the opening five months of the year, representing an annual increase of 18%. In terms of the Asian market, China continues to be the largest consumer of Vietnamese fruit and vegetables, accounting for over 60%…
The State Bank of India (SBI) gives only 0.83 cheque leaf free per month per financial year to regular savings account holders for issuing, i.e., less than one free cheque to issue per month. This is because SBI gives only 10 free cheque leaves free per financial year to its regular savings account holders. If the person requires more than these in a year, then he/she has to pay for them. In comparison, HDFC Bank, ICICI Bank and Punjab National Bank give 20 to 25 cheques free per financial year. Up until about July 2020 SBI too was giving 25…
As part of establishing a 100 percent foreign-owned enterprise (100% FOE) or a joint venture (JV) in Vietnam, a foreign investor must go through a series of licensing procedures before being entitled to conduct business in Vietnam. An investor must first engage in an investment project and prepare an application dossier (file) to apply for an Investment Certificate (IC), which is also considered to be the business registration for the enterprise. The Investment Certificate is the official license allowing foreign investors to carry out business activities in Vietnam. Related: Company formation services in Vietnam The application dossier shall comprise: Investment…
Vietnam’s Health Ministry confirmed 95 local Covid-19 patients on Tuesday morning in eight localities and more than half are in HCMC. As of June 29 morning, the country has recorded 16,136 infections ever since the pandemic started, including 14,358 community transmissions and the rest imported. The country has administered nearly 3.5 million Covid-19 vaccine shots, fully vaccinating nearly 173,000 people with two shots. HCMC woman dies day after positive coronavirus test last few days, she is the 41st death in the new Covid-19 wave which emerged two months ago and Vietnam’s 76th fatality since the onset of the pandemic. Vietnam…
Insurance Awareness Day: Insurance Awareness Day: Experts share lesser-known tips on life, health, motor insurance – The Economic Times Video | ET NowIt is insurance awareness day today. ET Online brings you this special video in tandem with insurance industry experts who take us through useful tips on all insurance arenas. 1507viewsTo see your saved stories, click on link hightlighted in bold Read more: EconomicTimes
The stock market in the first session of the week on June 28 rebounded strongly, the VN-Index officially surpassed the “dream” mark of 1,400 points to the surprise of many investors. More stories at Vietnam Insider’s homepage. Leading the gaining momentum and being the main force pulling the market was banking codes. This morning, out of 26 stocks traded on 3 exchanges HSX, HNX and UPCoM, only 3 stocks declined (PGBank’s PGB, Vietcombank’s VCB and VPBank’s VPB), 3 stood at reference prices (SGB of Saigonbank, SSB of SeABank and VietBank’s VBB) both increased. Leading the increase was TPBank’s stock TPB…
Tourism experts proposed Vietnam’s tourism industry prepare to welcome vaccinated foreign visitors back to the country from next month in a similar vein to regional peers. Phu Quoc hopes to welcome vaccinated Russian tourists soon. Vietnam’s Kien Giang Province authorities said fully vaccinated Russian tourists would be the first to be allowed back into Phu Quoc Island under their pilot Covid-19 vaccine passport program. They would come by charter flights, stay in sequestered resorts on the island and be securely escorted around to limit the risk, Mai Van Huynh, deputy secretary of the Kien Giang Party Committee, said while making…
Foreign investors have poured US$5.27 billion of investment into Vietnam in 2021. Singapore tops foreign investors in the Southeast Asian nation over six-month period, according to the Ministry of Planning and Investment. Singapore tops the list of a total of 80 countries and territories investing in the nation this year with investment reaching US$5.64 billion, trailed by Japan at US$2.44 billion, and the Republic of Korea at US$2.05 billion, VOV reported. The MPI report indicates that foreign investors have poured US$5.27 billion of investment into the Southeast Asian nation this year, equivalent to 97.4% of the amount recorded during the…
In the last 5 years, Vietnam has been a top rising destination for expatriates and foreigners to explore its opportunities in terms of work or investment. Many foreigners were seeking for jobs, doing business or just traveling thanks to flexible visa policies. As most of other emerging countries in SEA, Vietnam has been carefully lifted up new regulations for visa renewal. With the outbreak of pandemic in March 2020, Vietnam was forced to close its borders and offered automated extensions for foreigners coming there under tourist visas. Recently, as requirements are getting more strict to apply for work permits, recent…