Form 10 non availability death certificate

Customers conduct banking transactions at a Vietcombank branch. The bank tops the list of the 10 most prestigious commercial banks in Viet Nam in 2022. — Photo baochinhphu.vn The Vietnam Report JSC has recently published the list of the top 10 prestigious banks in Viet Nam in 2022. The 10 banks honoured as the most prestigious commercial banks in the country are Vietcombank, VietinBank, Techcombank, Military Bank, VPBank, ACB, BIDV, TPBank, VIB and AgriBank. Meanwhile, the list of the 10 most prestigious private joint-stock banks comprises Techcombank, VPBank, ACB, TPBank, VIB, HDBank, Sacombank, SHB, OCB and MSB. The banks have been ranked based on three criteria: financial capacity shown on the latest financial statement, credibility on media evaluated by the Media Coding method, and stakeholder opinions collected in a survey in June. The survey also showed that 48 per cent of bank customers think the banking industry has been playing a leading role in the country's … [Read more...] about Vietnam Report announces Top 10 prestigious banks

Grade A rents rose by 5.2 percent year-on-year in the second quarter to US$57.71 per square meter, or 2020 rates, according to property consultancy Knight Frank. There has been no new supply this year, it said. The vacancy rate edged down by 0.5 percentage points from the first quarter to 6.6 percent. "Tenants still prefer the central business district, but they have to consider farther spots in case they need over 1,000 sq.m of space or have limited resources," Leo Nguyen, director of occupier strategy and solutions at Knight Frank, said. Grade B rents were up 5.9 percent from a year earlier to $33.79 but fell 0.7 percent quarter-on-quarter as some landlords reduced them to attract customers. The vacancy rate was 0.7 percentage points higher than in the previous quarter at 8.2 percent. Many firms are considering moving to non-central business district (CBD) areas or letting their employees work remotely. "Demand for grade B offices with an area of up to 4,000 sq.m mainly … [Read more...] about HCMC office rents return to pre-Covid levels

Vietnam expects to create the utmost favorable environment for foreign companies to be successful in the country. Chairman of the National Assembly Vuong Dinh Hue on June 29 held several meetings with executives of UK multinationals, including Prudential, Standard Chartered, Pacific Land, Pearson, and Enterprize Energy. All executives have expressed their good impression and pledged to commit long-term presence in Vietnam. NA Chairman Vuong Dinh Hue and President of Prudential Shriti Vadera. Source: VNA President of Prudential Shriti Vadera said the company's business performance was positive during the Covid-19 pandemic, expressing her delight to be part of Vietnam’s development. Vadera suggested Prudential could further contribute to the country’s economic growth  by taking part in the long bond issuance. Chairman Hue welcomed Prudential’s successes in Vietnam, saying insurance corporations remain key partners of the State in Government bond issuance. … [Read more...] about UK multinationals pledge long-term presence in Vietnam

The vaccination is expected to be carried out in Vietnam from July to the end of this year. The made-in-Vietnam African swine fever vaccine will be likely used on a large scale by the end of 2022, according to Nguyen Van Long, acting director of the Department of Animal Health under the Ministry of Agriculture and Rural Development. Long said that the vaccine was branded NAVET-ASFVAC and is produced by NAVETCO National Veterinary Joint Stock Company. Over 50 farms in ten provinces and cities nationwide have been selected to administer 600,000 doses of vaccine against African swine fever. It is expected that vaccination will be carried out from July to the end of the year, Long noted, adding that there will be an assessment for the vaccine application and a decision on widespread use will be considered. Tran Xuan Hanh, deputy director of NAVETCO said that following five lab trials, the vaccine has proved to be able to protect at least 80% of immunized pigs, which retain … [Read more...] about Vietnam’s African swine fever vaccine to be widely used by late 2022

Illustrative photo Now more problems have arisen with rising gasoline and oil prices that have created bottlenecks in growth momentum along with high inflation. Need for solutions Recently the Ministry of Finance submitted a draft Resolution to the Standing Committee of the National Assembly on reducing the environmental protection tax rate for gasoline and oil. It is proposed in the Resolution to reduce environmental protection tax from VND 2,000 per liter to floor level of VND 1,000 per liter, in order to curb rising inflation. However, the Ministry of Finance still keeps the same rate for Special Consumption Tax (SCT) and Value Added Tax (VAT) for gasoline. While these two taxes are on a relative value, when the tax base is larger, then more tax is collected and forms a large component of the current gasoline selling price. Previously, many experts had suggested that authorities must consider reducing these two taxes. During one session, a member of the National … [Read more...] about Flexible adjustment needed in growth economy

COVID-19 vaccination (Photo: VNA) Hanoi (VNA) - There were an additional 637 new COVID-19 infections recorded across Vietnam on June 27 with no deaths. The new figure brought the total number of cases in the country to 10,744,085. All of the new transmissions were domestic. The capital city of Hanoi again topped the country with 188 new cases. It was followed by northern Hai Phong and central Da Nang cities, which reported 64 and 62 infections, respectively. A further 6,653 patients were given the all-clear, taking the total number of recoveries to 9,656,467. More than 229.8 million shots of COVID-19 vaccines have been administered across the country to date./. VNA … [Read more...] about Vietnam reports 637 new COVID-19 cases on June 27

The high petrol prices have hindered economic recovery. (Photo: SGGP) Thus, along with the solution to cut the environmental protection tax rate for gasoline, oil, and grease products to the floor level in the tax bracket until December 31, 2022, and the solution to reduce the MFN tax rate, the MoF has continued to put forward more tax cuts to help lower gasoline and oil prices. Up to now, the MoF has proposed to reduce four types of taxes on this essential product. According to the MoF, it is crucial to slash the MFN tax rate to 12 percent for gasoline to diversify petroleum supply to avoid being passive by depending on import sources from South Korea and the ASEAN only. Besides, people and businesses will directly benefit from tax reductions on gasoline and oil products, thereby contributing to directly reducing consumers’ expenses as well as indirect costs from other consumer products. Previously, because petrol and oil prices have continuously climbed and are currently … [Read more...] about MoF proposes reductions for four types of taxes on petroleum products

FPT Corporation's software programmers. FPT lost 4.3 per cent Thursday. — VNA/VNS Photo Danh Lam Vietnamese shares ended Thursday in a sombre mood amid increasing selling pressure which caused the VN-Index to retreat from the 1,200-point mark. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index decreased 1.68 per cent, to end at 1,197.60 points. It had increased 1.27 per cent, to end Wednesday at 1,218.10 points. More than 510 million shares were traded on the southern bourse, equivalent to VND11.3 trillion (US$485.6 million). Market breadth was negative with 371 losers and 89 gainers. Banking stocks lost ground with losers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks suffered selling pressure with losers such as Viet Nam National Petroleum Group … [Read more...] about Shares end lower as selling pressure increases

After suffering severe burns across his face as a child, Ngo Quy Hai, a 27-year-old from Vietnam’s Central Highlands, has managed to shed the physical and emotional burden of his injury and become the successful owner of Sunhouse Coffee – a well-known pastry shop in Plei Kan Town, Ngoc Hoi District, Kon Tum Province. Hai burned his face when he was just a few months old after falling out of a walker and landing face first on a boiling pot of porridge. His parents rushed him to Children’s Hospital No. 1 in Ho Chi Minh City where he received medical treatment for almost two years. While doctors at the hospital were able to save Hai’s life, his injuries left him so scary that other children refused to play with him. Hai’s parents pulled him out of school as a first grader to keep him from being bullied by other children and the result was that Hai became a recluse, worried that strangers would tease him for his injuries. Hai eventually made friends with Hoang Xuyen, a … [Read more...] about After a life spent hiding, Vietnamese burn victim steps into the spotlight with bakery

HCM City calls for investment in many projects at the Viet Nam – Europe Business Forum held on Thursday. — VNA Photo Xuan Anh HCM City offers numerous investment and business opportunities for European businesses, a Viet Nam – Europe Business Forum heard on June 30. The event organised by the Investment and Trade Promotion Centre in HCM City heard that the city is soliciting investment in 197 projects in a number of areas such as traffic infrastructure, agriculture, housing, and healthcare. They include the US$761 million Elevated Road No 1 from Tan Son Nhat Airport to the city centre and the $255 million Northern Saigon 2 Wastewater Treatment Plant in Thu Duc City. As of last year the city had 1,044 projects set up by EU businesses out of the 2,263 they had in Viet Nam with investments totalling $6.45 billion, or 12.18 per cent of the city’s total FDI. Vo Van Hoan, deputy chairman of the city People’s Committee, said: “With the EU’s assistance in the form of expertise, … [Read more...] about HCM City attractive investment destination for Europe: forum