REITs, or Real Estate Investment Trusts, were launched in India with much fanfare. These were touted as less capital-intensive alternatives for investors looking to invest in real estate as an asset class which will give them high return with the least amount of risk. However, REITs have not been able to live up to the hype as they have not been able to deliver the returns that were expected. Many existing investors now want to know if they Read more: EconomicTimes
Author: Miley Selena
Vietnam’s Ministry of Health (MoH) on June 1 announced the list of the first 18 entities qualified to import COVID-19 vaccines. MoH will continue to announce encouraging policies to attract businesses and localities to join the purchase of COVID-19 vaccines. Visit Vietnam Insider’s homepage for more stories. Minster of Health Nguyen Thanh Long said that the MoH encourages and is creating the most favorable conditions for businesses and localities to join the efforts to import COVID-19 vaccines into Vietnam while giving top priority to quality and safety. In the upcoming time, the MoH will continue to announce encouraging policies to…
The local case count of Vietnam’s ongoing Covid-19 wave has risen to 4,781, with 56 patients confirmed Thursday morning in four northern localities. Vietnam was hit by a new Covid-19 wave more than five weeks ago and 4,781 infections have since then been recorded in 37 of its 63 cities and provinces. Sri Lanka, Bahrain suspend entry of visitors from Vietnam over new Covid strain Visit Vietnam Insider’s homepage for more stories. Thursday morning, Vietnam adds 56 cases to Covid domestic tally, Bac Giang Province recorded 32 cases linked to hotspots at its industrial parks. Its neighbor Bac Ninh Province…
Rice remains one of Vietnam’s main exports amid the Covid-19 pandemic as local exporters continue to secure orders from demanding markets. Recent efforts to increase quality have brought about encouraging results for the sector. In the first four months of 2021 Vietnam earned US$1.01 billion from rice exports Multiple orders from main markets Recently the Can Tho-based Trung An Rice Company won the bid to sell two lots of long-grain brown rice to the Republic of Korea (ROK). One lot has a volume of 11,111 tonnes at a price of US$572 per tonne and the other is 11,111 tonnes at…
National flag carrier Vietnam Airlines has said it will auction 11 Airbus A321 CEO aircraft manufactured in 2004, 2007 and 2008. The company has just signed an agreement with the International Air Transport Association (IATA) to test the IATA Travel Pass, a type of electronic health passport application. The sale, which is set to take place this year, is part of its program to replace old-generation aircrafts that have been used for over 12 years. It also aims to increase its cash flow at a time of trouble for the pandemic-hit aviation sector. The carrier had sold nine aircraft last…
The flow of money from several hundred thousand newly-opened accounts into the stock market has expanded the pockets of Vietnamese billionaires by hundreds of millions of US dollars in a short time. After reaching an unprecedented high level of more than VND28 trillion last week, in the last trading session of May, all three stock exchanges (HOSE, HNX, UPCOM) hit a new record: more than VND32 trillion of shares were transferred, including over VND30 trillion traded through order matching. This is an unprecedented number, and it relates to hundreds of thousands of individual and institutional accounts opened in the first…
The US had branded Vietnam as a manipulator on the financial market, but several months later, we see that the country is intervening in the foreign exchange market again, however, some specialists believe that it is an unusual method and has a lot of details to be taken into account. The state bank of Vietnam made the announcement in January and told some local banks that it would stop purchasing the US dollars and in the spot market. Trades are usually settled within the days. Instead of this, traders were given another deal from the central bank, according to the three individuals…
Foreign teacher at Vietnam Australia International School confirmed as COVID-19 patient, Tuoi Tre Newspaper reported. The school immediately worked with local authorities on tracing his direct contacts, most of whom were students and teachers getting exposed to him. More than 100 direct contacts of a foreign teacher at an international school in Ho Chi Minh City have been quarantined after he was confirmed as a coronavirus patient. A spokesperson of Vietnam Australia International School (VAS) told Tuoi Tre (Youth) newspaper on Tuesday that a foreigner who teaches Cambridge programs at its campus on 3-2 Street in District 10, Ho Chi…
Ambassador Giorgio Aliberti, head of the European Union Delegation to Việt Nam, told President Nguyễn Xuân Phúc on Tuesday he is willing to help Việt Nam access COVID-19 vaccine sources and vaccine technology from Europe. The ambassador applauded Việt Nam’s efforts in the pandemic fight and expressed his hope the country will successfully complete its vaccine rollout. During a reception for Aliberti, the President thanked the EU for its medical support through the COVAX Facility and Team Europe and called on the EU to help Việt Nam enhance its capacity for COVID-19 vaccination and production. Phúc expressed his delight at the…
Stored citizen data collected for Covid fight would be deleted after a month, the Ministry of Information and Communications said Monday. Minister Nguyen Manh Hung said technological solutions, including contact tracing and medical declaration apps, are a vital part of Vietnam’s Covid-19 fight, besides testing and vaccination. Hung noted that for technological solutions to work, there must be four factors in play: their popularity, synchronization, user-friendliness and privacy. “First, some essential tech is a must and the number of users must be high enough. Second, their data and data processing must be centralized and link in-between apps, because the more…