Do you rely on your home country to prepare for your retirement ? Do you still believe the ‘traditional’ retirement scheme will be there in 20-30 years ? If yes then you must read this article and learn how you can start to implement a long-term diversified portfolio. For the more advanced readers … is your way of building a diversified portfolio accurate? The short answer is “Yes”, the long answer is “Probably”. There is no right and wrong in the way you build an effectively diversified portfolio. It depends on which direction you want to go and what you…
Author: Kevin Le
Authorities in Vietnam’s Ho Chi Minh city are urging the government to recognize positive rapid tests for COVID-19 to present a clearer picture of its outbreak, state media reported on Monday, a move that could increase the city’s case total by 40%. Vietnam reported 9,342 new Covid-19 cases in the same day, down 669 cases from Sunday, raising the domestic tally of the ongoing wave to 761,528. Ho Chi Minh City continued leading the number of new infections with 4,134 cases, Binh Duong with 3,793 cases and Dong Nai with 616 cases. According to health ministry 4,453 cases of Of…
Volleyball Trần Thị Thanh Thúy is a key player at her Bình Điền Long An Club and the national team. — Photo asianvolleyball.net Thanh Hà HÀ NỘI — After a six-hour flight from HCM City to Tokyo, Trần Thị Thanh Thúy spent three more hours on the road before reaching Kahoku City, Ishikawa, where her new home, PFU Blue Cats, bases. This is her second spell in Japan’s V.League Division 1 making Thúy the most ’emigrated’ player from Việt Nam, four times in five years. She is expected to help the Cats to climb up in their domestic league and…
Vietnam is considering mutual recognition of vaccine passports with countries in Southeast Asia, China, Japan, South Korea, the EU and the U.S., the Government Office announced Sunday. More stories at Vietnam Insider’s homepage. Such mutual recognition is “very important and especially necessary in the current context,” the announcement said. Prime Minister Pham Minh Chinh has assigned the Ministry of Foreign Affairs to coordinate with the Ministry of Health and work with authorities in other countries on this issue. Many countries in the world have applied the vaccine passport to reopen and return socioeconomic activities to normal. On September 4, the…
The People’s Committee of Ho Chi Minh City has just contributed some opinions on the reduction of corporation tax, value-added tax, and land rent, the extension of tax payment deadlines, and interest rate support to the draft Decree stipulating some solutions to support enterprises and people affected by the Covid-19 pandemic. More stories at Vietnam Insider’s homepage. The HCMC People’s Committee will send these contents to the Prime Minister and the Minister of Finance to supplement and include them in the draft to summarize and submit to the Government. Specifically, HCMC proposed to reduce 50 percent of corporate tax in…
China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin. Bitcoin hovered near $40,000 on Friday, a slide of around 6% in the past 24 hours, as of publishing. China on Friday intensified its crackdown on digital assets by banning all cryptocurrency transactions, in what’s been seen as the country’s strongest restriction on the sector so far. On Friday, the People’s Bank of China said in a statement that virtual currencies “are not legal and should not and cannot be used as currency in the market.” They do not have the same…
German Ambassador to Việt Nam, Guido Hildner (fourth from left), with Deputy Foreign Minister Tô Anh Dũng. — VNA/VNS Photo HÀ NỘI — Germany has donated a further 2.6 million doses of AstraZeneca to Việt Nam, the second time in two weeks that the country has supported Việt Nam in the fight against the COVID-19 pandemic. The shipment arrived at HCM City’s Tân Sơn Nhất International Airport on Sunday. The Vietnamese Ministry of Foreign Affairs held a symbolic reception in Hà Nội. The donation comes from German stockpiles and follows an offer made by German Chancellor Angela Merkel to…
We are approaching the final step of the lockdown and forseeing the step-by-step relaxation of Saigon. The people committee of Ho Chi Minh has given out the order for the city to reopen. The officials of all districts are now planning on the upcoming reopening plan. It includes different actions and strategies to help the city slowly get back on its feet after a long-lasting lockdown. According to the given directive, the step-by-step relaxation will start from 00:00 on the 1st of October. The proposed plan expects to help slowly recover the economy of the country. “The new norm” will…
Foreign investment inflows into Vietnam during the first nine months of this year rose 4.4 percent year-on-ear to US$22.15 billion despite the impact of COVID-19, according to the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment. Up to 1,212 foreign-invested projects were licensed with a total registered capital of $12.5 billion in the period, down 37.8 per cent in the number of projects but up 20.6 per cent in value over the same period last year. ###: How to setup a foreign invested company in Vietnam Meanwhile, 678 operating projects were allowed to raise their capital by $6.6 billion, a year-on-year rise of 25.6 per cent in capital…
Football Hoàng Anh Gia Lai FC were flying high in the 2021 V.League 1 before the tournament was cancelled last week. The former champions are in top position but have not been awarded winning title following a decision by the Việt Nam Football Federation. Photo courtesy of HAGL FC Thanh Hà HÀ NỘI Hoàng Anh Gia Lai’s dream season came to an unexpected end after all national football tournaments were officially cancelled by the Việt Nam Football Federation (VFF). According to VFF Vice President Trần Quốc Tuấn, the V.League 1 from round 12, V.League 2 from…