People join a trek in Ta Dung Nature Reserve organized by The Saigon Times Group on June 28, 2020 – PHOTO: TRAN LINH HCMC – Dak Nong Province is one of the most popular attractions in the Central Highlands with its marvelous landscapes, temperate climate and rich natural resources, attracting many tourists that love exploring the nature. … [Read more...] about Explore the abundant nature of Dak Nong
ASEAN-wide tax race for FDI a road leading into the abyss
Groups such as Oxfam have warned that some tax incentives work against small- and medium-sized enterprises. Photo: Le Toan Despite a sound economy and immense growth potential, many countries in the ASEAN still collect low amounts of revenue, which the experts believe is the result of large tax incentives to companies, especially for foreign investors. … [Read more...] about ASEAN-wide tax race for FDI a road leading into the abyss
Promoting corporate sustainability is key to enterprise resilience after pandemic
The COVID-19 pandemic had far-reaching effects on Việt Nam's economy, including the leather industry, Xuân said, adding in the first six months, the industry’s exports dropped remarkably, especially by 3.6 per cent in May alone. Enterprises have had to reduce labour and employment. … [Read more...] about Promoting corporate sustainability is key to enterprise resilience after pandemic
Intra-ASEAN trade flourishing following mutual commitments
According to the Timber and Forest Product Association of Vietnam (Vifores), Vietnamese wooden product producers are finding it difficult to enter regional markets. In spite of tax cuts, they cannot expand exports to these markets due to their low demand for Vietnamese products. Meanwhile, the firms also import a large volume of materials, such as paint, nails, and chemicals worth millions of US dollars per year from regional member states. … [Read more...] about Intra-ASEAN trade flourishing following mutual commitments
Ministry works to release 58 peppercorn containers stuck in Nepal
“However, most contracts of the 13 Vietnamese enterprises did not have an L/C opened. In addition, over the past two months since Nepal suspended its peppercorn imports, Nepalese importers have displayed no signs of cooperation as they offered no documents and did not sign the application for Vietnamese enterprises to complete their re-export procedures,” the Ministry of Industry and Trade said. … [Read more...] about Ministry works to release 58 peppercorn containers stuck in Nepal
