(This story originally appeared in on Apr 28, 2021)Chennai: Life insurance companies have turned cautious and tightened underwriting norms for high-value policies in the wake of the Covid pandemic and pullback by reinsurance companies citing low rates in India. Obtaining a cover is particularly challenging for those who have recently recovered from Covid as the company requires further screening. A year ago, a 35-year-old could purchase a Rs 1-crore term cover after a telemedical check-up. However, if he had contracted Covid, he would have had to undergo a battery of tests. A Mumbai-based doctor told TOI that a Rs 3.5-crore…
Author: Miley Selena
Vietnam is preparing to welcome international visitors back to the country, the VNA, state-run media reported. The National Administration of Tourism proposed a plan to welcome international visitors from mid-2020, but this was delayed due to further outbreaks. Visit Vietnam Insider’s homepage for more stories. With efforts to both control and prevent the spread of COVID-19 and ensure economic development, along with the serious implementation of pilot projects regarding “vaccine passports”, the tourism sector expects that international visitors will be able to freely enter Vietnam starting from the third quarter. The Vietnam National Administration of Tourism proposed a plan to…
Vietnam’s largest island of Phu Quoc had turned into Southeast Asia’s must-go destination of tourists and investors, the Hanoi Times reported. The number of arrivals to Phu Quoc island in recent weeks has been increasing as they are interested in a series of newly-established tourism-entertainment projects. Visit Vietnam Insider’s homepage for more stories. The presence of large-scale projects is considered a strong driving force to promote Phu Quoc tourism industry. The establishment of a super tourism complex is expected to turn the southern province of Kien Giang, where is home to famous tourism island of Phu Quoc, into a hub…
Authorities in the Central Highlands province of Dak Lak have detained 12 people for illegally entering Vietnam from Cambodia. At around 1:20 pm on April 25, the Covid-19 prevention and control task force in Ea Sup District stopped a group of 10 people in the border area of Ia Rve Commune. They were on eight motorbikes. Initially, they said that they had come to a forest to seek for honey and orchid trees; however, due to getting lost, they had entered Cambodia. After that, they turned back to Vietnam after recognising they had crossed the border. Later, two more people…
During the “season” of shareholders’ meetings, Vietnamese banks are confident about their plans to increase profits by several trillion dong in 2021. Several banks have set a record growth target of up to 30%-50%. Tien Phong Commercial Joint Stock Bank (TPBank) recently held its annual shareholders’ meeting to approve a plan to have its pre-tax profit in 2021 to rise by 32% compared to 2020, equivalent to about VND5.8 trillion. The target is high but it considered appropriate in the context of the economy still facing challenges from Covid-19. It is in line with the Government’s policy, and measures to…
A hotel worker in the northern province of Yen Bai tested positive for Covid-19 after contact with 11 quarantined visitors from India, the provincial department of health said in a website statement. The worker was the first reported domestic virus case since March 25 as the government warned of possible new outbreaks tied to visitors from abroad. Related: What we know so far about the new COVID-19 variant in India Four of the Indian visitors were confirmed to be infected with the virus, the local government reported. Provincial officials on Monday tested nine locals who had close contact with the group.…
Coronavirus cases have risen sharply in India and a new COVID-19 variant has emerged there called B1617. Scientists think the B1617 variant is more contagious, because of a mutation it carries called L452R, which helps the virus’s spike protein unlock our cells. Just because the virus spreads more easily, doesn’t mean it’s more deadly. B1617 also carries a second mutation, called E484Q, that changes the spike protein, which may make the virus less susceptible to pre-existing antibodies. The main concern with the Indian variant is the potential for reduced vaccine efficacy. Visit Vietnam Insider’s homepage for more stories. British prime…
Coronavirus cases have risen sharply in India and a new COVID-19 variant has emerged there called B1617. Scientists think the B1617 variant is more contagious, because of a mutation it carries called L452R, which helps the virus’s spike protein unlock our cells. The world is seeing a clearer picture of exactly how seriously Covid-19 is ravaging India. With reports and gutting images emerging from New Delhi’s overrun hospitals and cremation sites, experts say that the death toll is much greater than the 193,000 the government has reported. The country of 1.3 billion is now the global epicenter of the pandemic.…
personal loan: Does a personal loan help deal with a coronavirus-led financial crisis? – The Economic Times Video | ET NowIn response to the covid crisis, some lenders have increased credit score and income requirements, making it more difficult for borrowers to qualify for a loan or get a low rate. Is it a good idea to get a personal loan at such a time. Tune in to find out.171viewsTo see your saved stories, click on link hightlighted in bold Read more: EconomicTimes
209,632 people were given Covid-19 vaccine in Vietnam All patients were sent to local quarantine areas upon arrival and are now being treated at local hospitals Visit Vietnam Insider’s homepage for more stories Two foreign people and four Vietnamese people who recently arrived in Vietnam from abroad have tested positive for SARS-CoV-2, raising the total number of patients in the country to 2,852, the Ministry of Health reported on Monday evening. According to the ministry’s report, the two foreign patients include a 26-year-old British woman and a six-year-old Iranian boy who landed at Noi Bai Airport in Hanoi from Qatar…