Draft e commerce law of the peoples republic of china

Businesses from abroad hope the government can create a strong roadmap for digital transformation in manufacturing, processing, and more - Le Toan After a decade in Vietnam, Israeli CEO of Renova Cloud Doron Shachar now sees high demand for cloud and big data analytics in the Vietnamese market, and is making plans to tap into this growth potential, including an increase in headcounts. He told VIR, “We already foresee a big gap in those skills. We look forward to contributing to the market’s growth with our abilities, experience, and building skills while supporting enterprises and small- and medium-sized enterprises in their cloud journey.” Cloud adoption is increasing in Vietnam – together with food and beverage manufacturers, many others in sectors like manufacturing and supply chain have begun to explore cloud opportunities, and the ecosystem has grown and expanded significantly, along different verticals and in different sectors. According to the Ministry of Information … [Read more...] about More tech-related legislation sought for foreign businesses

Illustrative photo Now more problems have arisen with rising gasoline and oil prices that have created bottlenecks in growth momentum along with high inflation. Need for solutions Recently the Ministry of Finance submitted a draft Resolution to the Standing Committee of the National Assembly on reducing the environmental protection tax rate for gasoline and oil. It is proposed in the Resolution to reduce environmental protection tax from VND 2,000 per liter to floor level of VND 1,000 per liter, in order to curb rising inflation. However, the Ministry of Finance still keeps the same rate for Special Consumption Tax (SCT) and Value Added Tax (VAT) for gasoline. While these two taxes are on a relative value, when the tax base is larger, then more tax is collected and forms a large component of the current gasoline selling price. Previously, many experts had suggested that authorities must consider reducing these two taxes. During one session, a member of the National … [Read more...] about Flexible adjustment needed in growth economy

Illustrative image (Photo: VNA) The event offered a venue for experts, researchers, representatives from universities and vocational schools, and relevant sectors to exchange ideas and discuss measures to promote human resources development in the city,  towards promptly satisfying the labour demand in the East Asian market. According to Dang Duc Long, Director of the Economic Information, Analysis and Forecast Centre of the Party Central Committee's Economic Commission, Vietnam needs to develop a new strategy in sending workers and experts abroad to work in order to effectively bring into play the valuable resources for the nation’s development. Sending Vietnamese workers and experts to work abroad has importantly contributed to promoting the country and Vietnamese people to international friends and strengthen country's international integration, he added. Sharing the opinion, Dr. Tu Minh Thien, Rector of Van Hien University, said that East Asia is seen as a potential … [Read more...] about HCMC works hard to better quality of human resources

The midfielder has passed a medical and signed a two-year deal that has an option to extend his stay in southwestern France for another year. He has been handed his favorite No.19 jersey, which he wore for both former side Hanoi FC and the national team. “I have had medical tests at Pau Football Club. Everything is good. I have reached all requirements of health," Hai posted on his Facebook on June 29. "The first important step is done. I am an official player of Pau FC from this moment. I am happy and proud. "Thank you all, parents, family, supporters, media and all people who have been accompanying me on my journey. Let's fight!" he wrote. On the club facebook fanpage, Pau FC posted: "Nguyen Quang Hai is here! Vietnam's international offensive midfielder (45 selections) joins Pau FC for the next two seasons. He will wear Pau FC's No 19. Welcome, Quang Hai!" A short video introducing the Vietnamese player is also available on the page. The 25-year-old, who also received … [Read more...] about Quang Hai signs two-year deal with French side Pau FC

Major tech-based companies like Samsung and Intel already have a presence in Vietnam, but the country is seeking even more, Photo: Le Toan The Fortune Global 500 goal is a highlight of Vietnam’s strategy for foreign investment cooperation for the 2021-2030 period. At a conference on strengthening Vietnam-Japan cooperation and development organised in the northern province of Vinh Phuc last week, Masuoka Hiroyoshi, general director of Thang Long Industrial Park Company, said that the group is continuing to survey locations to develop industrial zones, following Thang Long I and II industrial parks (IPs) in Hanoi and the northern province of Hung Yen and Thang Long IP in the northern province of Vinh Phuc. Sumitomo Corporation is one of the groups listed on the Fortune Global 500, and has operated IPs for over 20 years in Vietnam. “Since first entering Vietnam, the corporation has received support from the government, relevant authorities, and localities in completing … [Read more...] about Vietnam going for gold with Fortune Global 500 attraction

There are many answers being discussed when it comes to use of single-use plastics, Photo: Chi Cuong After 40 years, Tan Phu Plastic JSC decided to change its name to Tan Phu Vietnam JSC. The removal of the word “plastic” from the business name is a bold decision as Tan Phu is known as one of the leading plastic manufacturing companies in Vietnam. However, the decision represents the redefinition of the firm’s development strategy towards sustainability and more environmentally-friendly products. At last week’s talk show Innovative Solutions and Substitutes for Single-use Plastic towards Green Consumption held by VIR last week, Tan Phu chairman Hoang Anh Tuan said, “In the past, we consumed about 20,000 tonnes of plastic per year in the production process. Now, it only takes about 12,000 tonnes to produce the same amount of products.” The increase in consumer awareness about single-use plastics in recent years has prompted manufacturers, retailers, and service providers to … [Read more...] about Plastic use drop hinges on consumers

Caitlin Wiesen, resident representative of the United Nations Development Programme in Vietnam In an effort to cope with the climate emergency and environmental pollution, as well as biodiversity, in March the world’s environment ministers endorsed a resolution to lay the foundation for preparation of an international and legally-binding agreement to end plastic pollution by 2024. For the first time, the contributions of the informal waste workers - who are typically low-paid workers who collect recyclable waste - have been recognised in an environmental resolution. The intergovernmental negotiating committee will consider the lessons and best practices from the work of informal waste workers. While this inclusion is something to celebrate, there was no specific mention of women and the gendered aspects of the informal waste sector. Yet globally, women make up the majority of the workforce working in the informal waste management sectors. Here in Vietnam, over 60 per cent of … [Read more...] about 3Vs for gender-inclusive circular era