Ipsos business consulting vietnam

Viec.Co surpassed other contestants in the top 5 to be named winner of the Vietnam Startup 2019, which concluded in final Gala on December 2 in Ho Chi Minh City. Themed "Unicorn to be", the final gathered the top 5, including Viec.Co, TripHunter, Liberzy, Tez and Sphacy for a debate in front of judges. Viec.Co was chosen as winner, based on criteria including leadership ability, uniqueness, new technology, product feasibility, global reach and community contribution. Phan Xuan Canh, founder of Viec.Co. Specialized in helping freelance workers access employment oportunities, Viec.Co provides a one-touch experience via a human resources platform. It is also a tool for employers to evaluate and recruit candidates at lowest cost and simple procedure. Viec.Co has further applied the API (Application Programming Interface) to the Momo ecosystem, Vietnam's mobile, e-wallet and payment application, to provide simple and convenient payment solutions. After one year of … [Read more...] about Viec.Co scoops Vietnam Startup 2019 title

Following the U.S.’s request, the Ministry of Finance has submitted to the government proposed changes to the decree on preferential import and export tariffs. According to the ministry, the U.S. has asked for reducing the import taxes on chicken, chicken products, almond, apple, fresh grape, wheat, pork, and potato. They are now at around 20 percent, and the U.S. wants the import tax on chicken and chicken products scrapped by 2028, on pork by 2027, apple and grape by 2020, and wheat and processed potato by 2021. The ministry is considering the demand since it could help reduce Vietnam’s trade surplus with the U.S. But the cuts are unlikely to be as deep as the U.S. wants and would only match the tax cuts proposed under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The ministry would finalize the rates following consultation with other ministries and agencies. In the first 10 months this year, the U.S. was Vietnam’s largest export … [Read more...] about Vietnam mulls reducing import taxes on US agricultural products

Pham Anh Tuan, vice chairman of the Việt Nam Fishing Association, talks on the need to follow all recommendations from the European Commission (EC) to get the yellow card on fishing removed. Fishing boats in Ninh Thuan Province. — VNA/VNS Photo Nguyen Thanh Why is lifting the yellow card so important to the Vietnamese fishing sector? The lifting of the yellow card over illegal, unreported and unregulated (IUU) fishing is very important for the country. According to the EU, the yellow card means Vietnam has violated certain EU rules on legal fishing activities and has not fully declared where fish products came from. Such violations have prevented international authorities from tracing whether Vietnamese fish products came from Vietnam or not. These are strong indications Vietnam has failed to follow rules against IUU fishing. What’s more important is that if Vietnam doesn't make a change, it will not only receive the yellow card but even a red card (banning … [Read more...] about Vietnam needs to remove fishing yellow card

In Vietnam, alcohol is big business. Every evening, people of all ages, mostly men, fill large beer halls for drinks after a long day at work. Multinational brewers find the Vietnamese market very attractive, and foreign brands like Heineken and Sapporo are hugely popular as are local ones like Saigon Special, 333, Hanoi and Truc Bach. Foreign companies have already bought stakes in local brewing giants like the Saigon Alcohol Beer and Beverages Corporation (Sabeco) and the Hanoi Beer Alcohol and Beverage Jsc., (Habeco). However, there are worries that the drinking habit is causing socio-economic problems that can worsen without curbs on consumption and marketing. A draft bill prepared by the Ministry of Health proposing several such curbs is currently being debated in the National Assembly (NA). The draft bill on the prevention of dangers of alcohol contains several prohibitions including: promotion in any manner of liquor with alcohol content of 15 degrees or more; ban on use of … [Read more...] about Should Vietnam drink more liquor or less? NA debates

It slipped one place despite improving its overall score from 68.36 points last year to 69.8 this year, according to the World Bank's Ease of Doing Business 2020 report released Thursday. The report ranks 190 economies around the world based on 10 criteria: starting a business; dealing with construction permits; getting electricity; registering property; getting credit; protecting minority investors; paying taxes; trading across borders; enforcing contracts; and resolving insolvency. This year, Vietnam fared better than several Southeast Asian peers like Indonesia (73rd), the Philippines (95th), Cambodia (144th), Laos (154th) and Myanmar (165th). In Southeast Asia, Vietnam was ranked fifth after Singapore (2nd), Malaysia (12th), Thaialnd (21st) and Brunei (66th). Vietnam has been striving to improve its business environment in recent years. The most significant improvement was made in paying taxes, which jumped 22 places from last year to 109th this year thanks to upgrading the … [Read more...] about Vietnam slips one place in ease of doing business ranking