Consumers

Hanoian consumers can enjoy many specialties at No. 489 Hoang Quoc Viet Street, Cau Giay District. Chi Lang custard apple, a special fruit of the northern province of Lang Son, is the highlight of a trade promotion week being held at the Vietnam Agricultural Exhibition Center in Hanoi's Hoang Quoc Viet Street till August 16. Local consumers are shopping at the fair. Photo: moit.gov.vn Chi Lang custard apple has been granted a protection certificate by the National Office of Intellectual Property and is recognized in the Top 50 famous fruit specialties in Vietnam. The capital city’s consumers also have the opportunity to shop for many specialties and taste local cuisine with quality assurance, food hygiene and safety from localities nationwide. The event, organized by the Agricultural Trade Promotion Center under the Ministry of Agriculture and Rural Development (MARD) in collaboration with the People's Committees of Hanoi and Lang Son Province, features 30 … [Read more...] about Promotion week of Chi Lang custard apple opens

In July, the growth rate of seafood exports continued to slow down to 14% on the year, earning 970 USD million. (Photo baodautu.vn) Hanoi (VNS/VNA) - Vietnam's seafood export value is expected to slow growth to 3 billion USD in the third quarter due to a lack of raw materials and disadvantages in the market in the second half. At the beginning of the year, farmers released shrimp due to the forecast that the weather would not be too cold. They have expected to early harvest raw shrimp . However, diseases and the quality of shrimp seeds have affected farming results. According to Ho Quoc Luc, former chairman of the Vietnam Association of Seafood Exporters and Producers ( VASEP ) and also chairman of the Sao Ta Foods Joint Stock Company (FIMEX), there are three reasons for the shortage of raw shrimp, including disease, quality of shrimp varieties and water source. By the end of this year, the supply of raw shrimp will not be abundant, and prices will remain high, … [Read more...] about Seafood exports expected to reach 3 billion USD in Q3

Delegates discuss issues related to sustainable development at the ‘Good for Business, Good for Planet’ seminar held in HCM City on Wednesday. — VNS Photo Shifting to green growth would help businesses increase their competitiveness and catch up with trends in the domestic and foreign markets, delegates told a seminar in HCM City on Wednesday. As one of the world's most vulnerable countries to climate change, Viet Nam has made multi-dimensional efforts to drive the whole nation towards its collective goal of reaching net zero greenhouse gasses emissions targets, achieving sustainable development, and contributing to tackle the global climate change crisis, they said. Speaking at the ‘Good for Business, Good for Planet’ seminar held by Nhip Cau Dau Tu magazine, Tim Evans, CEO of HSBC Vietnam, said, “The green journey that Viet Nam has embarked on is bringing both opportunities and challenges. Those businesses who get onboard early can capture major opportunities and build a … [Read more...] about Going green gives businesses a competitive advantage

Illustrative photo In addition to the achieved results, the PIT Law also revealed several shortcomings and many points that were not consistent with reality, including deduction for family circumstances. Therefore, the upcoming revised law should raise the family deduction for taxpayers from the current VND 11 mln per month to a higher level, to even VND 18 mln or VND 20 mln per month due to escalating costs of commodities. Now the current level of VND 11 mln per month has become irrelevant. Along with this, the family deduction for dependents which is currently VND 4.4 mln per month, should also be raised to 50% to 70%, or about VND 6 mln or VND 7.5 mln per month. Because the current level of VND 11 mln per month is not enough to live in urban areas, it cannot be considered a high taxable income. In addition, the Law on Personal Income Tax also reveals other limitations when many benefits arise that are not within the scope of salary and wages such as spiritual allowance, … [Read more...] about Family tax deduction must adjust each year