The domestic gold price, for that reason, is being pegged to that delicate sentimental mood of investors, which can reverse anytime dependant upon how the coronavirus outbreak develops. What’s more, demand will breed supply. The high domestic gold price has led to a comeback of gold smuggling. Smuggled gold in the form of ingot cannot be molded into SJC gold bars. However, it can be consumed via gold jewelry shops. As they cannot buy SJC gold, consumers turn to other gold trademarks. Although SJC gold can be sold or bought anywhere, one can sell gold of other trademarks at the place he or she bought it. Gold jewels—such as necklaces, bracelets and rings—are easily ordered at gold shops. … [Read more...] about The gold trap
Foreign invested company
Association calls for consistent tax incentives for social housing developers
Hanoi (VNS/VNA) – Tax incentives for developers of social housing projects for lease should be made clear and consistent to encourage private investment in the segment, according to the HCM City Real Estate Association. The association said that there were inconsistencies among existing legal documents, resulting in a hesitancy to invest because it could take investors up to 20 years to recoup their money. According to Decree 100/2015 about social housing development and management, a reduction of 70 percent in value added tax and corporate income tax was being offered to developers of social housing projects for lease. However, according to the Law on Value Added Tax, the maximum reduction is only 20 percent. For example, Le Thanh Company was charged 5 percent in value added tax and 10 percent for corporate income tax for Le Thanh An Lac, a social housing project for lease in Binh Tan district, HCM City. The General Department of Taxation said the fees were based on the Law … [Read more...] about Association calls for consistent tax incentives for social housing developers
Why the novel coronavirus became a social media nightmare
Facebook took a hammering over Russia's interference in the 2016 US election. Having been accused on Capitol Hill of ignoring the allegations, Facebook conceded the following year that up to 10 million Americans had seen advertisements purchased by a shadowy Russian agency. As evidence mounted about how Russia had used Facebook to sow division, company CEO Mark Zuckerberg apologized. … [Read more...] about Why the novel coronavirus became a social media nightmare
Ho Chi Minh City department criticized for causing panic with document on COVID-19 epidemic
It asked the three companies to make reports on the maximum capacity of their cremation facilities in case of continuous operations, cremation procedures, isolation measures to prevent the process from affecting the community, and response plans if employees at the cremation facilities are infected with COVID-19. … [Read more...] about Ho Chi Minh City department criticized for causing panic with document on COVID-19 epidemic
Citizens rising to the pandemic challenge
There are many people who are both directly and indirectly supporting the fight against COVID-19, from staff at Heathrow, health screening staff, and immigration officials, to food delivery team, nurses and doctors, soldiers, students, and even media personnel. Many more people in Vietnam are involved in the fight to control the virus spreading and protecting others. I have seen many pictures which show army personnel sleeping in bivouacs and working until they drop to sleep to support the programme, along with students vacating accommodation to provide more beds for quarantine. This makes me feel humbled to be here in the relative comfort and safety of the centre. … [Read more...] about Citizens rising to the pandemic challenge
