Corporate income tax will be completely exempted in the first four years and cut by half for the next nine years for emerging tech and science firms in Vietnam, as per a Ministry of Finance circular effective in March. … [Read more...] about Science, tech firms in Vietnam to enjoy 13 years of tax deduction
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Prospects remain bright over dented remittance inflows Based on forecasts from the World Bank as well as information from commercial banks and organisations working on inward remittance transfer, the inward remittance volume to Vietnam may have reached as much as $15.5 billion in 2020, placing the country ninth among the top 10 inward remittance recipients worldwide. Vietnam averaged a 35.6-per-cent hike a year during 2016-2020 compared to the 2011-2015 period. … [Read more...] about Prospects remain bright over dented remittance inflows
Inequality is costing lives Afro-descendants in Brazil are 40 per cent more likely to die of COVID-19 than white people while nearly 22,000 black and Hispanic people in the US would still be alive if they experienced the same COVID-19 mortality rates as their white counterparts. Infection and mortality rates are higher in poorer areas of countries such as France, India, and Spain while England's poorest regions experience mortality rates double that of the richest areas. … [Read more...] about Wealth inequaity increases after COVID-19
Moreover, the OneVinmec application deployed since May 2020 is expected to provide a wide range of medical solutions for customers. Meanwhile, personal movement tracking devices such as the Vantix band would help to raise labour productivity at Vinpearl by 15-25 per cent. … [Read more...] about What’s next for Vingroup? What is One Mount Group?
Major menace Disaster and climate challenges have become a top priority for policymakers in Vietnam. This is evidenced in national and sector strategies, and these challenges are identified as one of the key pillars of the new national development plan for the next decade. For example, the government adopted the National Climate Change Strategy in 2011 and the Vietnam Green Growth Strategy in 2012, which lay out a vision through to 2050. In addition, the government adopted the Support Programme to Respond to Climate Change for 2016-2020 that supported policy reform, capacity building, and increased investment for prioritised climate change and green growth actions in key sectors, including energy, transport, forestry, and water resource management. … [Read more...] about Equipping localities in climate fight