Hanoi (VNA) – Foreign media have run several articles highlighting Vietnam’s economic success given a struggling world plagued by the COVID-19 pandemic. The Nikkei Asia Review said Vietnam’s production sector has proven its fast and steady recovery. The country’s open market and signing of numerous free trade agreements (FTAs), particularly the EU-Vietnam FTA, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP), are promising great opportunities for growth. The paper said Vietnam stands out for its success in controlling the pandemic. According to the latest Asian Development Outlook released by the Asia Development Bank, Vietnam was estimated to grow over 2 percent last year while Thailand contracted by 7.8 percent. Thanks to its larger market scale and cheaper labour cost, Vietnam surpassed Thailand in terms of foreign direct investment and export value. The Financial … [Read more...] about Vietnam stands firm amid pandemic: international media
Data centre business
Home-based lab inspires students
Old radios, broken clocks, faulty telephones, all get a new lease of life after Túc has weaved his magic. So when he had a clear out and sold off many of the items he has fixed over the years, a few eyebrows were raised. … [Read more...] about Home-based lab inspires students
General Department of Taxation accelerates collection from cross-border platforms
Dozen thousands of online businesses have yet to fulfil their tax obligation As of the end of 2020, about 15,000 YouTube channels in Vietnam have earned advertising revenue. However, only 30 per cent of them (about 5,000 units) have been paying tax, following the latest data published by the Ministry of Information and Communications (MIC). … [Read more...] about General Department of Taxation accelerates collection from cross-border platforms
HCM City has six more quarantine hotels
In addition, the city People’s Committee asked the Department of Health to collaborate with the People’s Committees of districts 7, Tân Bình, and Phú Nhuận as well as related state units to handle passengers at the airport who need to be quarantined. … [Read more...] about HCM City has six more quarantine hotels
Trial for ex-trade minister Vu Huy Hoang, accomplices postponed again
As a result, the right to manage and use the land, which is a State asset and worth more than VNĐ3.816 trillion, was illegally transferred to private firms, causing a “particularly big” loss of over VNĐ2.713 trillion (US$118 million) to the State, according to the indictment. … [Read more...] about Trial for ex-trade minister Vu Huy Hoang, accomplices postponed again