Five FDI projects worth nearly US$1 billion licensed in Binh Duong province. Binh Duong has attracted 3,974 FDI projects with a total registered capital of US$36.5 billion from 65 countries and territories, accounting for 9% of the total national FDI attraction. Visit Vietnam Insider’s homepage for more stories. The People’s Committee of Binh Duong province on May 21 granted investment certificates to five foreign direct investment (FDI) projects with total capital of nearly US$1 billion. The five projects include two newly registered projects and three projects increasing capital with total newly registered and supplemented capital of US$974 million, the People…
Author: Miley Selena
Marc Djandji Marc Djandji (CFA) is a contributor of Vietnam Insider, covering enterprise and financial market. He co-founded ASEAN Strategy Group, an independent boutique investment bank focusing on corporate finance advisory for small to mid-market companies in Southeast Asia. If you want to share your story, publish a press release or just want to ask something, contact Vietnam Insider via editor@vietnaminsider.vn. Follow us on Facebook | Twitter Vietnam Insider
Crypto miners halt China business after Beijing cracks down, bitcoin dives. In the future, BTC.TOP will mainly conduct crypto mining business in North America. Visit Vietnam Insider’s homepage for more stories. Cryptocurrency mining operators, including a Huobi Mall and BTC.TOP, are suspending their China operations after Beijing stepped up its efforts to crack down on bitcoin mining and trading, sending the digital currency tumbling. A State Council committee led by Vice Premier Liu He announced the crackdown late on Friday – the first time the council has targeted virtual currency mining, a big business in China that accounts for as…
Vietnam recorded its 43rd coronavirus death in Hanoi Monday morning, bring the fatality tally in Vietnam’s latest Covid-19 wave to eight. The country has recorded 2,221 local Covid-19 cases in 30 cities and provinces since the new wave started on April 27. Visit Vietnam Insider’s homepage for more stories. The deceased patient is a 50-year-old man who had cirrhosis after being an alcoholic for years, according to the Ministry of Health. He had a high fever, shivers and digestive problems in mid-April. He was later found infected with the multi-drug resistant Ochrobactrum anthropi bacteria by the Hai Duong General Hospital…
Japanese bullet train driver takes bathroom break as train cruises at 150 kilometers. He asked a conductor, who wasn’t licensed to drive the train, to mind it in his absence at around 8:15 a.m. Visit Vietnam Insider’s homepage for more stories. Japan’s trains have earned an almost cult-like status among foreign travelers for being punctual and efficient, CNN reported. Social media users rave about them and many people in Japan take rail operators’ obsessive dedication to arrive and depart on time for granted. But sometimes that punctuality comes with a price — especially if you’re a train operator caught up…
Vietnam adds 56 cases to domestic Covid-19 count Monday morning, Health Ministry reported. The country recorded its 42nd coronavirus death in Hanoi Sunday morning, bringing the fatality tally in the nation’s latest coronavirus wave to seven. The infection tally of Vietnam’s ongoing Covid-19 wave rose by 56 Monday morning with the new patients recorded in six northern localities. Of the new patients, 33 are in Bac Giang Province. They are all linked to clusters at Quang Chau and Van Trung industrial parks in Viet Yen District. Hanoi recorded eight patients, including four that have had contact with Covid-19 patients. Among…
1. Equity investments generate two types of returns— capital appreciation through price movements and regular income through dividends. 2. Dividends are a common way for a company to share its profit with the shareholders. 3. Dividend yield shows how much a company pays out in dividends each year relative to its market price. 4. High dividend yields are typical of mature, stable and high cash flow-oriented companies. 5. High dividend-yielding companies are less volatile than the market. (Content on this page is courtesy Centre for Investment Education and Learning (CIEL). Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.) Read…
An investor can move from one stock broker to another for various reasons like the services offered, ease of doing transactions, brokerage or research services offered. To maintain a single trading and demat account, one will need to transfer existing holdings to the new demat account and close the current one by following the below process. Open new demat and trading account Once the new broker is finalised, the account can be opened using the broker’s portal and filling out an online form with basic details. Next, KYC documents need to be uploaded for verification and a video verification of…
By Sudhir Kaushik of Taxspanner.com Gurugram-based finance professional Sahil Garg pays a high tax because his pay structure is not tax friendly and he doesn’t claim some of the deductions available to him. Taxspanner estimates that Garg can save more than Rs 75,000 in tax if his salary structure is tweaked and he invests in NPS. Income from employerGarg gets Rs 40,000 per year as LTA but has opted to receive that as taxable income every month. “I will not be able to travel and claim exemption due to lockdown restrictions,” he says. He should ask his company to replace…
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. I: Saurabh Kumar is saving for his kids’ goals and retirement. Here’s what the doctor advised him: Goals Investor’s existing portfolio Portfolio check-up Investing in funds for past two years…