Eu parliament passes new rules on cross border payment charges

Rome (VNA) – The European Parliament’s approval of the EU-Vietnam Free Trade Agreement (EVFTA) marks the start of a new era with significance meaning in the trade ties between Vietnam and EU members, according to an Italian expert on Vietnam. Director of the Centre for Vietnam Studies in Turin of Italy Sandra Scagliotti wrote in an article that the EVFTA along with the EU-Vietnam Investment Protection Agreement (EVITA) opens up a new period in the development of both Vietnam and the EU. She said the advantages brought by the two agreements are tremendous for EU investors. For Italian businesses, the EVFTA can be considered a mutually beneficial deal, creating big positive effects on their long-term business and investment plans. Sharing Sandra Scagliotti’s assessment, Chairman of the Italy-Vietnam Chamber of Commerce Fulvio Albano affirmed that the bilateral Italy-Vietnam relationship has continuously developed in recent years. In such a … [Read more...] about EVFTA opens up new era in EU-Vietnam trade ties: Italian experts

A container truck transporting farm produce passes Huu Nghi international border gate. The Ministry of Industry and Trade has asked local authorities to review production activities and advised firms and traders to limit their goods transportation to the country's border with China - PHOTO: VNA HCMC – Some border gates in the northern province of Lang Son have resumed their operations, leading to increased transport flows of farm produce to the province and prompting the Ministry of Industry and Trade to request local authorities to review production and advise firms and traders to limit their goods transportation to the border for the time being. … [Read more...] about Trade Ministry advises limiting goods transportation to northern border

Nguyen Duyen Cuong, deputy general director of Binh Son Refining and Petrochemical JSC (BSR), the operator of the Dung Quat oil refinery, told VIR that as China occupies 17 per cent of global GDP, the fall in oil price caused by the health crisis will keep impacting the local petroleum industry. The oil refineries in the whole world estimate to cut 3-5 per cent capacity, affecting petrochemicals. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 19

The proposal is to levy excise taxes ranging from 1,500 rupiah to 2,500 rupiah ($0.11-$0.18) per liter on sugar- and artificial sugar-sweetened beverages, such as bottled tea, coffee, carbonated soft drinks and energy drinks, she told a hearing with parliament’s finance commission. … [Read more...] about Indonesia proposes to tax sweet drinks, polluting cars, plastic

The poor schoolboy passed an exam to enter HCM City’s Banking University and after graduating, he earned enough money in a job in the financial sector to open his own business in the same field. … [Read more...] about Businessman with cancer dreams of school for poor children