Arrived destination region country

This move should in fact have been done two years ago in 2020, when the Consumer Price Index (CPI) at that time had increased to 22 percent compared to the time when the Law had come into effect. This is because the Law stipulates that when the CPI increases above 20 percent it must be adjusted. Tax rates not reasonable It is believed that the proposal to amend and adjust the Law on Personal Income Tax is too slow because the Ministry of Finance is trying to make its own adjustments even when the tax regulations and calculations are no longer consistent with ground reality. Because when the value of money decreases due to inflation, tax milestones and family deductions also decrease accordingly, making the lives of wage earners and dependents more and more difficult. Even in the difficult years of the Covid-19 pandemic, the income of employees decreased, but PIT still increased steadily. Only in the first quarter of this year, the PIT amount was estimated at 43.3 percent of the … [Read more...] about Law on Personal Income Tax inconsistent

MerryLand Golf Club has unique terrain overlooking the sea, bay, and mountain As general manager of many famous golf clubs all over the world, what brought you to MerryLand Golf Club? The creative design team of Greg Norman and the vision of a high-class developer who is creating a world-class golf club. I believe the vision that Hung Thinh Corporation has for MerryLand Golf Club is truly amazing and I wanted to be part of that journey. The course itself will be quite unique due to the topography and its location along with its integration within MerryLand Quy Nhon. The course will play a little over 7,200 yards from the championship tees and with multiple tee ground options available, the course will be both playable and challenging for golfers of all abilities. The Par 72 course will also provide spectacular views overlooking Mai Huong Bay. What is the difference between MerryLand Golf Club and other golf clubs in Vietnam, which will make golfers visit more than … [Read more...] about MerryLand Golf Club expects to be the most ideal golf course

The Hanoi event saw the participation of Dinh Tien Dung, Politburo member and Secretary of the Hanoi Party Committee, and Anouphap Tounalom, Secretary of the Lao People's Revolutionary Party (LPRP) Central Committee, and Secretary of the Party Committee and Chairman of the People’s Council of Vientiane. Nguyen Manh Quyen, Vice Chairman of Hanoi People’s Committee, said relations between Hanoi and Vientiane and other localities in Laos have been promoted across all channels, with effective projects in economy, healthcare, education, agriculture, military and people-to-people exchanges. In the first half of this year, Hanoi exported 74.8 million USD worth of goods to Laos, making up 0.9% of the city’s total export value, while importing 98.3 million USD worth of goods from the neighboring country, or 0.48% of Hanoi’s accumulative import revenue. Noting the all-round cooperation between Hanoi and Vientiane, the official said the two capital cities have supported each other in … [Read more...] about Hanoi, Vientiane promote cooperation in investment, trade, tourism

Vietnamese and Polish businesses exchange cooperation opportunities at a networking event on Thursday in HCM City. — VNA/VNS Photo Viet Nam appreciates Poland’s continued support in pushing for the EU’s early ratification of the EU-Viet Nam Investment Protection Agreement (EVIPA) and removal of the EC’s “yellow card” warning against Viet Nam’s fishing industry. Speaking at a networking event on Thursday, Nguyen Huu Nam, deputy director of the Viet Nam Chamber of Commerce and Industry (VCCI) in HCM City, said these developments would help expand Viet Nam-Poland trade and investment relations. The European Parliament (EP) recently passed a report on its Indo-Pacific strategy in the area of trade and investment, stressing the importance of the EU’s free trade agreements with partners in the region. The report called on EU members to ratify the EVIPA so that it can take effect early and create optimal conditions for promoting the EU’s investment in the region and Viet Nam. … [Read more...] about Viet Nam, Poland to expand trade and investment ties

Bitexco Group’s Chairman Vu Quang Hoi and Representative of The Dwight Schools, Chancellor Stephen Spahn, signed an agreement to establish the international Dwight School Hanoi. Photo: Bitexco Group Bitexco, one of the leading multidisciplinary economic groups in Viet Nam, with a history of 37 years operating in the fields of real estate, hydropower, construction, financial investment, mining, oil and gas, has expanded its activities to education. On August 11, the Bitexco Group and The Dwight Schools, a leading global network of International Baccalaureate (IB) World Schools, officially formed a partnership to establish the international Dwight School Hanoi, which the group says will realise its ambition to enhance the quality of education and educate the future generation of Viet Nam. The future school will combine the 150-year legacy of excellence from Dwight, a pioneer in the International Baccalaureate program, to deliver the most advanced co-educational program from … [Read more...] about Bitexco develops international school in Ha Noi

At the conference on August 11, MPI Minister Dung said that thanks to the control of the pandemic and the maintenance of macroeconomic stability, the business sector has reported a positive recovery recently. As of July, the whole country had about 871,000 operating enterprises with tax incurred, an increase of nearly 13 per cent compared to 2021. In the first seven months of 2022, the number of enterprises entering and returning to the market, as well as additionally registered capital into the economy, increased sharply. The number of enterprises entering and re-entering the market was over 130,000 enterprises, an increase of 26.8 per cent on-year, 1.4 times higher than the number of enterprises withdrawing from the market. The total registered capital added to the economy in the first seven months of 2022 reached over $143 billion, an increase of over 37 per cent on-year. According to reports from business associations, the market has recovered over 75-85 per cent compared … [Read more...] about Utilising every opportunity to grow and overcome challenges

The Ministry of Transport has announced a plan to strengthen inspection and crack down on taxi drivers' illegal practices, such as enticing passengers, overcharging or refusing to take passengers at the country's busiest airport, Tân Sơn Nhất International Airport in HCM City. Taxis enter to pick up passengers at HCM City's Tân Sơn Nhất International Airport. Deputy Minister Lê Anh Tuấn has urged inspectors from the city's Department of Transport, in cooperation with leaders of the Tân Sơn Nhất International Airport and the Southern Airport Authority, to punish taxi drivers who refuse to take passengers, as well as those who impose unreasonably high extra charges. Tuấn has also asked units to arrange pick-up and drop-off areas, creating favourable conditions for buses, taxis, and app-based vehicles to park, pick up and drop off passengers. This is among measures taken to solve the recent overcrowding at the country's busiest airport, with … [Read more...] about Transport ministry clamps down on taxi drivers overcharging at Tân Sơn Nhất Airport

Knowhow of a perfect Vietnamese traditional ‘ao dai’ comes to the tailors in Hanoi's suburb village almost naturally, contributing to enhancing the beauty of the Vietnamese women. For hundreds years, many generations of tailors in Trach Xa village have contributed to preserving and promoting the charm of the traditional Vietnamese costume. Hundreds-years-old craft village Charming Vietnamese girls in ao dai dress. Photo: Thanh Hai Legend has it that Emperor Dinh Tien Hoang fell in love with a beautiful girl of Trach Xa during his visit to the village. She became his wife and used her creativity to make outfits for the royal court. Trach Xa Village in Ung Hoa District, 60km away from Hanoi’s center, has been well known for hundreds of years for specializing in traditional ao dai making. But artisan Nghiem Van Dat says that the mother of this trade is Nguyen Thi Sen, who was very young when her sewing skills were put at the service of the royal family … [Read more...] about [Uniqueness of Hanoi’s craft villages] Trach Xa villagers: Born to be skillful ‘ao dai’ tailors

He made the statement during a ceremony hosted by the Ministry of Public Security in Hanoi on August 12 to present the President’s decisions on sending officers to the U.N. peacekeeping missions and the Minister of Public Security’s decision on the establishment of the ministry’s Peacekeeping Standing Office. The deployment of personnel to U.N. peacekeeping operations aims to deliver the State’s commitment to protecting global peace, in line with the “The Vietnamese people’s public security force participates in the U.N. peacekeeping operations for the 2014-2020 period and following years” project, he said. He expressed his delight that eight Vietnamese public security officers have met the U.N.’s requirements. Four of them are to begin working at the U.N. headquarters and the U.N. Mission in South Sudan this year. Amid complicated and uncertain developments in the world in the near future, President Phuc called for joining hands with the international community to seek solutions … [Read more...] about President asks public security officers to try their best to fulfill U.N. peacekeeping tasks

Nguyen Van Hung, Minister of Culture, Sports and Tourism, had proposed earlier this week that Vietnam expands visa exemption for tourists from Australia, Canada, India, New Zealand, Europe, and the U.S. to boost tourism recovery after more than two years of pandemic restrictions. Michael Burger from the U.S., who visited Vietnam in May, said the proposal was definitely a positive step toward making travel to Vietnam easier. "As a regular visitor to Vietnam, I feel delighted to hear this news," Burger told VnExpress International. It would help increase Vietnam's tourism competitiveness among Southeast Asian nations that already exempt American passport holders from having to get a visa for stays of under 30 days. Ken Rafter from Australia said it would be "fantastic news" if Australians are exempted from obtaining a visa prior to visiting Vietnam. "When Vietnam reopened to international tourism in March, my family had a terrible time attempting to obtain visas before our … [Read more...] about Foreign tourists upbeat as minister seeks visa waiver expansion