New eras

As part of its regional expansion strategy, APAC Realty acquired an initial 38 per cent stake in ERA Vietnam and Eurocapital in February 2020. Upon completion of the transaction, the group will increase its shareholding in ERA Vietnam and Eurocapital to 60 per cent each. “The growth capital extended during our initial investment was the catalyst which sparked ERA Vietnam’s tremendous growth over the past two years both in terms of revenue and agent headcount. Over this period, the agency’s management team established the ERA Vietnam brand name in Vietnam’s nascent and thriving real estate market, and more than doubled the salesperson headcount," said Marcus Chu, CEO of APAC Realty. "With these positive results, we are confident that our second investment will support ERA Vietnam’s next phase of growth and allow us to realise greater value for APAC Realty shareholders over the long-term.” Founded in 2017, ERA Vietnam is based in Ho Chi Minh City. The agency has grown its agent … [Read more...] about APAC Realty acquires additional stake in ERA Vietnam

Exercising right to self-defense while helping friends According to historical documents, just right after winning the resistance war against the U.S. imperialists, in April, 1975, the Cambodian people continued to fall into a big tragedy caused by the Pol Pot gang’s brutal genocide policy. The proof was that in just three years, eight months, and 20 days, more than three million innocent Cambodians were killed by the Pol Pot regime. Recalling the then “hung in a single hair” situation, in a historical documentary, titled “Marching Towards National Salvation,” Cambodian Prime Minister Hun Sen said that he and many Cambodians considered Vietnam the only country to help the Cambodians since it had stood side by side in fighting common invaders for national independence and freedom of each country. Not only did the Pol Pot band push the Cambodian people to the brink of extinction, but also waged a bloody war, infringing on the sovereignty and territory of Vietnam in the Southwest. … [Read more...] about Victory of solidarity during hard time

At the working session between ietnamese Deputy Minister of Finance Cao Anh Tuan and Commissioner of the RoK's National Tax Service Kim Chang-ki (Photo: VNA) Hanoi (VNA) – The taxation agencies of Vietnam and the Republic of Korea (RoK) have recently negotiated issues related to double taxation avoidance and the implementation of tax policies . Vietnamese Deputy Minister of Finance Cao Anh Tuan, who is also in charge of the General Department of Taxation, said the taxation agencies of the two countries have been stepping up cooperation and experience sharing to make it easier for taxpayers to perform their duty in the new era, thus making practical contribution to the development of cooperative ties as well as trust and friendship between the two sectors. Kim Chang-ki, Commissioner of the RoK's National Tax Service, said the taxation sectors of the RoK and Vietnam held the first conference at the general director level in 2003, and they have built reliable relations … [Read more...] about Vietnamese, Korean taxation sectors cooperate for sustainable development

Technical processing at VNPT Centre Ha Noi Transmission Room. — VNA/VNS Photo Technology and telecommunications businesses are expected to continue to benefit from the growth of the digital economy. Even under the attraction of the field of telecommunications technology, mergers and acquisitions activities in this industry have been promoted. Analyst Chu Duc Toan from VNDirect Securities Joint Stock Company said the digital transformation revenue growth rate is expected to be up 18 per cent this year compared to last year and could double that of traditional IT services, showing great potential in the market. Like the rest of the world, the Vietnamese economy is also undergoing digital transformation. According to the National Digital Transformation Program to 2025, with a longer-term vision to 2030, Viet Nam's digital economy will account for 20 per cent of GDP by 2025. Viet Nam has launched the "Make in Viet Nam 4.0" Program to prepare for the Fourth Industrial … [Read more...] about Technology and telecommunications businesses benefit from digital economy

Even under the attraction of the field of telecommunications technology, mergers and acquisitions activities in this industry have been promoted. Analyst Chu Duc Toan from VNDirect Securities Joint Stock Company said the digital transformation revenue growth rate is expected to be up 18% this year compared to last year and could double that of traditional IT services, showing great potential in the market. Like the rest of the world, the Vietnamese economy is also undergoing digital transformation. According to the National Digital Transformation Program to 2025, with a longer-term vision to 2030, Vietnam’s digital economy will account for 20% of GDP by 2025. Vietnam has launched the "Make in Vietnam 4.0" Program to prepare for the Fourth Industrial Revolution. This program will facilitate the development of new industries and encourage new policies, thinking and technologies in line with Industry 4.0 and ambitions towards the digital economy. In the context of strong … [Read more...] about Technology, telecommunications businesses benefit from digital economy

A salesperson selling products on Alibaba.com e-commerce platform. The digitalisation of B2B commerce presents new opportunities for buyers and sellers worldwide. — Photo courtesy of the firm An e-commerce market is still of great value to small-and-medium sized enterprises (SMEs) as 87 per cent of the respondents gave an upbeat assessment of e-commerce's role in their business in the post-pandemic era. This information was released in a survey about how suppliers worldwide find their way through the pandemic by Alibaba.com – one of the leading B2B e-commerce platforms. The survey has been conducted with more than 1,000 B2B suppliers worldwide. More than 55 per cent of respondents saw their revenue decline, and 20 per cent reported closing completely. However, nearly 15 per cent of respondents stated that their business operations remained unchanged, and 10 per cent saw their business increase rather than decrease. As a global B2B e-commerce platform, Alibaba.com has been a … [Read more...] about E-commerce platforms help small firms survive

The Paris Peace Accords signing ceremony at the centre for international conferences in Paris, France, on January 27, 1973 (File photo: VNA) Hanoi (VNA) – A symposium was held in Hanoi on January 16 to highlight the historical significance and lessons of the Paris agreement on ending the war and restoring peace in Vietnam, 50 years since the signing of the accords on January 27, 1973. The event was organised by the Party Central Committee’s Commission for Information and Education , the Ministry of Foreign Affairs, the Ho Chi Minh National Academy of Politics, and the Ministry of National Defence. In his introductory remarks, Prof. and Dr Nguyen Xuan Thang, Politburo member, Chairman of the Central Theoretical Council and Director of the Ho Chi Minh National Academy of Politics , said that the Paris Peace Accords, signed on January 27, 1973, marked a turning point in the Vietnamese people’s resistance war against the US, creating favourable conditions for Vietnam’s … [Read more...] about Symposium talks significance, lessons of Paris Peace Accords

The agreement marked a brilliant milestone in the history of Vietnamese revolutionary diplomacy in the Ho Chi Minh era. Fifty years have passed since the accord was signed, yet the lessons of international solidarity and independence are still valid today. This tremendous victory was not only for the Vietnamese people but also for peace lovers around the globe. The arduous and protracted negotiations over the treaty, dubbed a brain battle in the history of world diplomacy at that time, left deep imprints in the mind of those directly involved in the process and contributed to the successful conclusion of the agreement. As for international peace-loving friends who always stood side-by-side with the Vietnamese people and wholeheartedly supported the country’s struggle for national liberation and independence, the Paris Agreement is eloquent proof of the truth as stated in a proclamation of victory of the Vietnamese nation: “A just cause always prevails over tyranny; compassion is … [Read more...] about Paris Agreement through insider’s accounts, global perspective

The Geneva (1954) and Paris (1973) agreements are outstanding achievements for the peace and unification of Vietnam. The Paris Peace Accords are a landmark victory in the history of Vietnamese diplomacy, experts said at a ceremony on January 17. The signing ceremony of the Paris Peace Accords on January 27, 1973 ended the war and restored peace and unification in Vietnam. Photo: Vietnam News Agency The ceremony was held to commemorate the 50 th anniversary of the signing of the Paris Peace Accords that ended the war and restored peace in Vietnam. “The Paris Peace Accords signed 50 years ago was the most complicated, time-consuming victory in the history of Vietnam’s diplomacy to end the longest war in the 20 th century,” Minister of Foreign Affairs Bui Thanh Son told the ceremony. The accords created a new foundation for the Vietnamese people and army to end the war and open the era of peace and development in the country,” he said, adding that the … [Read more...] about Paris Peace Accords – landmark victory of Vietnam’s diplomacy

The banner of justice and solidarity of the entire Party, people, and military created great political strength. The glorious victories on the battlefield generated a turning point in Vietnam’s diplomatic struggle. The General Offensive and Uprising in Spring 1968 and then, the strategic offensive in 1972 forced the enemy to join negotiation. Especially, the “Dien Bien Phu in the air” victory obligated the U.S. to take a seat at the negotiation table and sign the Paris Peace Accords - an agreement to end the war and restore peace in Vietnam. The negotiation table played an important role in the victory of military and political struggles. The negotiation process in Paris was a smooth and close coordination between the negotiation delegation and the State’s leaders, the Ministry of National Defense, the Ministry of Foreign Affairs, and other agencies. Leaders of the delegation reported the situation to higher levels in the country and followed their instructions. Therefore, the … [Read more...] about Paris Peace Accords – heroic victory of Vietnamese revolution