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The two countries officially established diplomatic ties on March 22, 1973, just two months after the Paris Agreement on ending the war and restoring peace in Vietnam was signed. Vietnam will long remember the wholehearted assistance from the Belgian government and people for its post-war reconstruction and recovery efforts. Over the past five decades, bilateral partnerships have flourished in various spheres, particularly politics - diplomacy, trade, agriculture, education - training, science and technology, and development cooperation at the federal, regional, and community levels. Belgium always attaches importance to relations with Vietnam and has established itself as an international partner substantially contributing to the Southeast Asian country’s successes via development cooperation programs. The two sides have also actively coordinated with each other at multilateral forums, especially the United Nations, the Asia - Europe Meeting (ASEM) and ASEAN - E.U. frameworks. … [Read more...] about Vietnam – Belgium traditional friendship receives renewed support

Speaking at the event, Belgian Ambassador to Vietnam Karl Van den Bossche said the logo design contest for the occasion was open for Vietnamese designers and young artists. Through various media channels, the organizing board received 130 entries. The winning logo was designed by Ly Khanh Linh, a 22-year-old student from Graphic Design Faculty at FPT University. It was inspired by famous cultural heritages of both countries with the hope of conveying the message of cultural exchange and friendship. It will be used in all activities of Belgium in Vietnam this year. The ambassador said the Queen of Belgium plans to visit Vietnam in May 2023 as the Goodwill Ambassador of UNICEF. In September, the Minister-President of Flanders will lead a delegation of enterprises to Vietnam. In the third quarter of 2024, the King and Queen of Belgium will pay a State visit to Vietnam. Belgium is now the sixth largest trade partner of Vietnam in the European Union (E.U.). With 82 projects worth … [Read more...] about Logo marking 50th anniversary of Vietnam-Belgium diplomatic ties announced

Illustrative image (Photo source: vneconomy.vn) Hanoi - Vietnam is studying and adjusting its investment policies to adapt to the global minimum corporate income tax which is scheduled to be applied from 2024, said Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc. The global minimum corporate income tax is part of the Action Plan on Base Erosion and Profit Shifting (BEPS), which involves the participation of 141 member countries. Accordingly, large companies with annual global consolidated revenue of at least 750 million EUR (806 million USD) over at least 2 years of the preceding 4-year period will be subject to a minimum tax rate of 15 per cent. If they are currently paying a tax rate lower than 15 per cent in the country where they are investing, they will have to pay the remaining "shortfall" at a tax rate of 15 per cent to the country where they have their headquarters. According to economists, investment exporting countries’ application of the global … [Read more...] about Vietnam adjusting policies to adapt to global minimum corporate income tax: Official