Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss
Elan the fashion store
Clean energy brings stable electricity supply to Truong Sa Archipelago
Solar panels are installed in Truong Sa island district . (Photo: VNA) Khanh Hoa (VNS/VNA) - The lives of soldiers and islanders in Truong Sa island district in the south-central province of Khanh Hoa have changed a lot thanks to solar panels and wind turbines. Solar and wind power is used widely in islands belonging to Vietnam's Truong Sa (Spratly) Archipelago, said Colonel Le Dinh Hai, Deputy Head of Brigade 146 under Naval Region 4. Hai, who is also Chairman of the Truong Sa District People's Committee, said that the clean energy sources now could meet the daily needs of local residents for cooking, and powering TVs, radios and even electric fans at night. "Truong Sa is the first district in Vietnam lit up with clean energy," Hai said, adding that thanks to the stable energy source, activities on the island became much more convenient than before. Thai Minh Khai, a local resident living in Song Tu Tay Island, said his family had lived on the island for more than … [Read more...] about Clean energy brings stable electricity supply to Truong Sa Archipelago
Miss Vietnam 2022 beauty pageant launched
The biennial national beauty contest Miss Vietnam 2022 has now opened for Vietnamese young women aged between 18 and 27. Miss Vietnam 2020 Do Thi Ha (C) and two runners-up Phuong Anh (L), Ngoc Thao (R) Women who have graduated from high school and are at least 1.63 metres tall and have had no cosmetic surgery are eligible to enter the contest. Participation is to be limited to unmarried women who have never given birth or parented a child. Entrants who have previously won first, second, or third prizes at local beauty contestants nationwide will progress through to the final round of the Miss Vietnam 2022 pageant. Moving forward, contestants will compete in parts such as the swimsuit, evening gown, and talent segments, as well as taking part in charity projects for the community and a Q&A. Along with the ultimate winner of the pageant, there will also be prizes for first runner-up and second runner-up, with the organisation board presenting sub-titles, … [Read more...] about Miss Vietnam 2022 beauty pageant launched