Foreign ministry spokesperson zhao lijians regular press conference

Jose Mestre, a representative of the Central Retail Group in Vietnam, speaks at the conference (Photo: VNA) Bac Giang (VNA) – The northern province of Bac Giang, in collaboration with the ministries of Industry and Trade, and Agriculture and Rural Development, held an online conference on litchi sales for nearly 80 target markets at home and abroad. The conference provided an opportunity for Bac Giang to promote litchi sales in domestic and export markets; and strengthen its coordination with centrally-run agencies, domestic and foreign provinces and cities, and overseas Vietnamese economic, trade and diplomatic agencies. It also served as a forum for domestic and foreign businesses to find partners and sign contracts for litchi and litchi-based products in this year. Speaking at the event, Vice Chairman of the People’s Committee of Bac Giang province Phan The Tuan said that thanks to the favourable weather and the close control of growing area codes, the … [Read more...] about Bac Giang promotes litchi sales at home and abroad

Illustrative image (Photo: VNA) Hanoi (VNA) – With its advantages and thorough preparation in terms of infrastructure, transport and human resources, after the COVID-19 pandemic is put under control, the key southern economic region remains the leading destination for foreign direct investment (FDI) flows. Localities in the region have also organised investment promotion workshops to popularise Vietnam’s investment environment and its advantages and potential. In mid-May, Pandora, a Danish jewelry manufacturer, announced that it will invest 100 USD million to build a new facility in the Vietnam Singapore Industrial Park (VSIP) in the southern province of Binh Duong under a memorandum of understanding signed between two sides. Jeerasage Puranasamriddhi, Chief Supply Officer of Pandora group, said they have chosen Binh Duong province for the availability of skilled workforce, its infrastructure and proximity to international airports, adding that the enthusiasm, support and … [Read more...] about Key southern economic region a magnet for FDI

During the talk, Foreign Minister Bui Thanh Son and E.U. High Representative Josep Borrell agreed to push up the bilateral cooperation between Vietnam and the E.U. on par with their potential and better meet the joint interests of both sides. Meanwhile, they consented to deepen the ASEAN – E.U. cooperation, and expand collaboration in various fields of energy, climate change adaptation, green transition, digital economy, and infrastructure. Also, the two sides exchanged views on international and regional issues of shared concern. The E.U. High Representative took note of Vietnam’s request to soon remove the European Commission’s “yellow card” on Vietnamese seafood exports for illegal, unreported and unregulated (IUU) fishing, and push for E.U. member countries to soon ratify the E.U.-Vietnam Investment Protection Agreement (EVIPA). On the same day, the Vietnamese diplomat had a phone talk with Hungarian Minister of Foreign Affairs and Trade Péter Szijiártó. During the talk, … [Read more...] about Vietnam bolsters cooperation with E.U. and Hungary

A site in Non Nuoc Cao Bang Global Geopark in Ban Hau Valley of Cao Thang commune, Trung Khanh district, Cao Bang province (Photo: VNA) Cao Bang (VNA) – Experts from the Global Geoparks Network (GGN) have made a fact-finding tour of Non Nuoc Cao Bang Geopark and gave several recommendations to northern Cao Bang province to help improve the park conservation and optimisation. The trip was made ahead of the re-assessment of Non Nuoc Cao Bang slated for late July. At a meeting with the provincial People’s Committee on May 25, Guy Martini, Chairman of the UNESCO Global Geoparks Council, said thanks to local authorities’ efforts and creativity, 84 percent of the workload on the construction and protection of the park has been done, and it is now ready for re-assessment. He also pointed out several issues needing improvement, suggesting the province print the Non Nuoc Cao Bang Global Geopark logo on products of the “One Commune, One Product” (OCOP) programme so as to popularise the … [Read more...] about Suggestions made to help optimise values of Global Geopark

At the press conference (Photo: VNA) Hanoi (VNA) -  The Vietnam Real Estate Brokerage Day 2022 will take place in Ha Long city in the northern province of Quang Ninh from June 24-25. According to Nguyen Chi Thanh, vice chairman of the Vietnam Association of Realtors (VARS), Vietnamese real estate brokers have played an important role in the rapid, strong and sustainable development of the property market over the last two decades. He underlined the impressive change to Vietnam's property market with thousands of new and modern urban areas, adding that tens of thousands of people have been able to buy new houses every year. Thanh attributed the results to the significant contribution of real estate brokers in Vietnam, noting they have helped stimulate demand and create motivation for property developer s to promote investments. The event is hoped to attract about 1,000 participants from the real estate investment and business community and brokers across the … [Read more...] about Quang Ninh to host Vietnam Real Estate Brokerage Day 2022

Deputy Minister of Finance Nguyễn Đức Chi. The State authorities have recently taken a number of measures to strengthen the management and supervision of the securities market, including replacing the head of the State Securities Commission and taking disciplinary measures against leaders of the two national stock exchanges and the Việt Nam Securities Depository. Deputy Minister of Finance Nguyễn Đức Chi, who was appointed to take the charge of the State Securities Commission from May 19, spoke to the media about solutions to ensure the stable and safe operation of the securities market in the future. What is the view of the Ministry of Finance on the recent violations of the State management agencies in the securities market? Recently, authorities inspected activities on the stock market as well as State management agencies in charge of the market and have discovered the shortcomings and weaknesses of officials and civil servants in the … [Read more...] about Different plans to be prepared for safe and effective operation of the securities market

The launch of the 2021 Public Administration Reform Index and the Satisfaction Index of Public Administration Services. VNA/VNS Photo HÀ NỘI — The northern province of Hải Phòng and the Ministry of Justice topped the Public Administration Reform Index (PAR Index) of 2021, based on feedback collected from more than 79,000 people about administration reforms in 63 localities and 17 ministries in Việt Nam. The southern province of Kiên Giang and the Ministry of Science and Technology were at the bottom of the rankings. The results were announced on Wednesday by the Government’s Steering Committee on Public Administration Reform. Minister of Home Affairs Phạm Thị Thanh Trà said at the launch ceremony of the report on Wednesday that 2021 was the 10th year the Ministry of Home Affairs coordinated with ministries, localities and related agencies to deploy, identify and publish the PAR Index. 2021 was the 5th year the satisfaction of people and … [Read more...] about Hải Phòng tops Public Administration Reform Index for first time

Facebook ads in Việt Nam will be subject to a 5 per cent value-added tax beginning from June 1. — Photo vtv.vn HÀ NỘI — Facebook ads in Việt Nam will be subject to a 5 per cent value added tax (VAT) beginning from June 1. This affects advertisers who have set Việt Nam as their “Sold To” country on their business or personal address. In addition to Việt Nam, starting from April and September, Meta, Facebook's parent company, will also add VAT to advertising costs in Cambodia and Thailand, respectively. Not long ago, Facebook also charged a foreign currency conversion fee of 1-3 per cent for transactions in Vietnamese đồng . Within the framework of Prime Minister Phạm Minh Chính's working visit to the US on May 20, representatives of the Public Policy Department of Meta had a meeting and discussed with the Prime Minister and the Ministry of Planning and Investment. Meta said that it would register, declare and pay foreign … [Read more...] about Facebook ads in Việt Nam to be charged 5% VAT from June 1

Đỗ Xuân Lập, Chairman of the Việt Nam Timber and Forest Products Association. Photo laodong.vn Businesses are urgently preparing plans to be ready to respond if the US Department of Commerce investigates tax evasion with Vietnamese wooden cabinets. Pháp Luật Thành Phố Hồ Chí Minh (Hồ Chí Minh City Law Newspaper) interviews Đỗ Xuân Lập, Chairman of the Việt Nam Timber and Forest Products Association, about this issue. The US Department of Commerce recently said it had received an application to review the product scope and investigate tax evasion with imported kitchen and bathroom cabinets from Việt Nam. What is exactly the story here? This investigation was conducted because the American Kitchen Cabinet Alliance accused Vietnamese manufacturers and exporters of importing cabinets and cabinet parts from China (which is subject to a high level of defensive trade tax), and then fully assembling them in Việt Nam for export to the US. It is expected that after 30 days of … [Read more...] about Việt Nam seeks solutions to protect timber exports

Authorities in the northern province of Bac Giang are seeking ways to help local farmers sell around 180,000 tonnes of lychee. On Wednesday, the province cooperated with the ministries of industry and trade and agriculture and rural development and some Vietnamese agencies abroad to hold an online forum to boost lychee exports. A farmer picks lychees from his garden in Bac Giang Province The event was connected to 13 foreign markets, including China, Japan, Australia, Singapore, Thailand and the UAE. Phan The Tuan, vice chairman of the Bac Giang Province People’s Committee, said that this year has seen more rain than usual, creating favourable conditions for lychee growing. The province’s lychee output is expected to reach 18,000 tonnes this year. Many participants at the event highly appreciated the quality of Bac Giang’s lychees. The province hoped that Vietnamese representative agencies in foreign countries would help to further promote its lychee to the … [Read more...] about Bac Giang seeking to sell 180,000 tonnes of lychees