Economists, applauding the decision to impose fines and force Coca Cola to pay tax arrears, totaling VND821 billion, said it is necessary to deal with foreign invested enterprises that evade tax and conduct transfer pricing. Le Dang Doanh, a respected economist, also said that evading tax and conducting transfer pricing is one of the tricks commonly played by big FIEs, but it is difficult to find evidence to accuse them. … [Read more...] about Coca Cola forced to pay tax arrears, taxation agencies urged to find more violators
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Trends in VN’s network safety, security
Commenting on Việt Nam’s information security this year, Khổng Huy Hùng, CEO of Việt Nam Cyberspace Security Technology JSC (VNCS), emphasised the risks and challenges in ensuring information security and data security with the rapid increase of IoT devices. … [Read more...] about Trends in VN’s network safety, security
Netherlands-funded biogas project effective in rural areas
He is one of the masons receiving technology transfer, training and consultation under the SNV’s biogas project. Tam also received 1.2 million VND (50 USD) for each digester he installed for customers. “The project helps masons like me have a stable job with good income,” said Liem. “It also works to ensure Vietnamese rural people have sustainable pig farming.” According to Nguyen Thu Ha, SNV adviser on Renewable Energy, the biogas project, now in the third phase (2017 – 2020), applies the results-based Financing Facility (RBF) mechanism. In 2014, the project started to pilot incentives, set at 1.2 million VND (50 USD), for biogas entrepreneurs based on the number of bio-digesters they have sold, Ha said. The RBF incentives were designed to improve the quality of installed digesters, while ensuring end-user training and construction of digesters meet set standards in the field, and increasing the number of biogas digester users. However, … [Read more...] about Netherlands-funded biogas project effective in rural areas
Spring in the air and the streets
Further from the city centre, Quảng An flower market on Âu Cơ Street has been filled with peach blossoms, ochna and kumquat bonsai for nearly a month now. Flowers and bonsai trees planted from the nearby Nhật Tân Flower Village are available here. … [Read more...] about Spring in the air and the streets
Shopee enjoys exceptional 2019
The company will also innovate its collection of in-app games to bring users more fun and entertainment. In Viet Nam, Shopee rolled out its latest Fortune game and Red packet to mark the New Year celebrations. These were filled with symbols of good wishes and lucky money. … [Read more...] about Shopee enjoys exceptional 2019
