Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss
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Over 177,989 Hanoi labourers benefit from housing rent support policy
Illustrative image (Photo: VNA) Hanoi (VNA) – As of August 8, more than 177,989 labourers in Hanoi have received housing rent support under the Prime Minister’s decision with a total amount of over 92.8 billion USD (3.966 million USD), equivalent to 63.6% and 51% of the set plan, respectively. According to the municipal Department of Labour, Invalids and Social Affairs, 170,338 labourers working for businesses in the capital city, have received aid worth 85.1 billion VND, and 6,796 of those back to work have got a total of 7.65 billion VND. Director of the municipal Department of Labour, Invalids and Social Affairs Bach Lien Huong said the support plan has been performed swiftly and timely. The municipal People’s Committee has authorised district-level People's Committee to appraise, approve, and implement the disbursement of support for labourers. Enterprises have been guided to make dossiers requesting support for their labourers in order to avoid backlog of dossiers. … [Read more...] about Over 177,989 Hanoi labourers benefit from housing rent support policy
Hanoians happy to spend big bucks on pet day care
When Vu Ngoc Minh Ha and her husband leave home in Tay Ho District at 7 a.m. for work, they take their samoyed dog named Xe Dap (Bicycle) with them and drop him off at a doggy day care on nearby Dang Thai Mai Street. They pick him up on their way home in the evening. For the past three years Ha, 27, has been entrusting Xe Dap to the center from Monday to Friday every week. "We don't want to leave our dog at home alone because we are afraid he will be lonely without anyone to play with or destroy furniture," she says. While the monthly fee is high enough at VND4 million, the couple pay extra for him to be fed extra meals and given spa treatments and other services. They typically spend VND10-12 million (US$427-512.89) on the animal each month. Bicycle (white with a red scarf) plays with other dogs at a dog day care on Dang Thai Mai Street in Hanoi's Tay Ho district in early 2022. Photo courtesy of Ha Day care services for pets work similarly to children’s … [Read more...] about Hanoians happy to spend big bucks on pet day care
Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
The city is keen to avoid any Covid-19 impacts that could derail its plan for socio-economic recovery for this year. The Hanoi People's Committee has urged local agencies to remain vigilant against the Covid-19 pandemic and accelerate the disbursement of public funds, seen as a key task for socio-economic recovery for the rest of the year. Electronics production at Rhythm Precision Vietnam, Soc Son District, Hanoi. Photo: Pham Hung Among the key tasks, the city would focus on the Covid-19 vaccine roll-out by providing boosters for eligible people, including the completion of vaccination for children aged 5-12 before September 2022, noted the municipal People’s Committee in a directive. The city’s authorities reiterated public investment is a key task for economic development and considered pubic fund disbursement a key criterion to evaluate the performance of each agency, department, and unit by year-end, especially leaders and senior officials. “Efforts … [Read more...] about Hanoi boosts socio-economic growth, but remains vigilant against Covid-19
Mekong Delta floods to be below normal this year: authorities
Rice fields in Cao Lanh district of the Mekong Delta province of Dong Thap province. (Photo: VNA) HCM City (VNS/VNA) - The Mekong Delta is expected to have less flooding than normal this year, according to the Directorate of Water Resources. The delta, the country largest producer of rice, fruits and seafood, is normally flooded in the Mekong’s upstream areas, and this fertilises the soil as sediments are deposited and brings river creatures into farms. The floods are expected to peak at 3.5-3.7m at the Tan Chau Station in An Giang province in October, the directorate said. They are estimated to reach 3 metres by the end of this month, but will not affect the cultivation the autumn-winter crop. However, the high tides are expected to be high this year and flood low-lying areas in the delta’s central and coastal areas, especially when the tides occur at the same time as heavy rains. The flooding is now low and does not affect agriculture production or daily life. … [Read more...] about Mekong Delta floods to be below normal this year: authorities