Foreign bank account reporting

Vietnam suspended all inbound international commercial flights late March, but the government has been operating repatriation flights to bring home Vietnamese citizens stuck abroad amid the pandemic, and has allowed special flights to carry foreign experts and investors to the country. … [Read more...] about Vietnam mandates 14-day quarantine for all foreign experts, flight crew

Foreigners caught not wearing face masks on the Indonesian resort island of Bali are being subject to an unusual punishment: push-ups. Video footage circulating on social media this week shows tourists in T-shirts and shorts being made to do the exercise in sweltering tropical heat as masked security officials stood over them. Bali authorities made wearing a face mask in public mandatory last year as Indonesia battled a raging Covid-19 outbreak. In recent days, however, scores of foreigners have been caught without face coverings, said security official Gusti Agung Ketut Suryanegara. More than 70 people paid a fine of 100,000 rupiah ($7), but about 30 others said they did not have the cash. Instead, they were ordered to do push-ups. Those not carrying a mask had to do up to 50, while those who were wearing one improperly were punished with 15. "At first, they would claim that they didn't know the regulation," Suryanegara told AFP. "Then they said they forgot, or that the mask … [Read more...] about Foreigners without face masks punished with push-ups in Bali

10th grader Bui Thi Phuong is being treated at Bach Mai Hospital in Hanoi. After 10 days in the intensive care unit, she was still unaware of the surroundings. As she had to take a leave of absence from school and stay in the hospital, she kept asking her parents to bring her books to study. Bui Van Hue, Phuong's father, said the family are farmers. When Phuong was ill, they borrowed everywhere to raise VND10m (USD435) and the money had ran out. "Doctors said she can be saved but she needs to stay in intensive care," he said. "For the past two months, I can only pray for a miracle for her be well and go home." Bui Van Hue calls for help for his daughter. … [Read more...] about Father plans to sell kidney to save ill daughter

On December 31, 2020, the government issued Decree No.153/2020/ND-CP, regulating the offering and transactions of corporate bonds through private placement in the domestic market and the offering of corporate bonds to foreign markets, to replace Decree 163 and Decree 81. This new decree, which became effective on January 1, continually tightens regulations on the issuance of corporate bonds with more specific provisions. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market

According to the Ministry of Finance, as of the end of 2020, nearly VND390 trillion ($16.95 billion), equivalent to 82.8 per cent of the plan allocated, was disbursed, while the figure as of end-November was VND329.9 trillion ($14.3 billion) only, equalling 70.1 per cent. This is the highest ratio of disbursement in 2016-2020 – with 80.3 per cent in 2016, 73.3 per cent in 2017, 66.87 per cent in 2018, and 67.46 per cent in 2019. Most of the capital has been invested in infrastructure works. … [Read more...] about Reshuffle underway to further stimulate revival of economy