Tax challenge to continue in New Year, Source: AFP/File | Damien Meyer Several days before the Law on Cybersecurity comes into effect on January 1, 2019, Facebook remained silent about its plan to open a representative office in Vietnam, but a Google representative told VIR, “There are a number of factors we need to look at before opening an office, and we have nothing to announce at this time.” Discussing the issue with VIR, economist Vu Sy Cuong, who has long experience in financial analysis and research, said that the establishment of representative offices depends on the decree outlining the specifics of the Law on Cybersecurity, which is currently being drafted. “Without the decree providing guidelines on implementation, the Law on Cybersecurity coming into effect will not be able to force firms to establish representative offices in Vietnam,” Cuong added. The latest draft of the decree is currently collecting opinions for further fine-tuning, which is … [Read more...] about Tax challenge to continue in New Year
New local government network
Government News 15/11
PM Nguyen Xuan Phuc backs ASEAN-China cooperation ASEAN leaders posed together with Chinese Premier Li Keqiang (fifth from left) at the 21st ASEAN-China Summit held in Singapore on November 14 Prime Minister Nguyen Xuan Phuc said he supports the efforts of China and ASEAN in developing their foundation of connectivity in terms of mutual trust, physical connection, and human connection. PM Phuc made the statement at the 21st ASEAN-China Summit held in Singapore on November 14, as part of the 33rd ASEAN Summit framework. The event also celebrated 15 years of strategic partnership between the two sides. Highlighting the importance and huge benefits of the partnership for both parties involved and for peace, stability, and cooperation in the region, Phuc agreed that ASEAN and China should increase dialogue efforts and collaboration, as well as build mutual trust and uphold international law, contributing to the formation of codes of conduct for an open, transparent, and rule-based … [Read more...] about Government News 15/11
New policy to attract more experts, scientists to work for HCM City gov’t
The People’s Committee of HCM City has approved a policy that would help attract experts and scientists, particularly in the fields of IT, biotech, logistics, nanotech, and the support industry, in the 2018-20 period. The city has developed a new policy and higher salary levels to attract more experts and scientists to work for the local government.-Photo sggp.org.vn The city aims to attract experts who can help develop high-tech zones, economic zones and industrial zones. The city will develop a recruitment plan and set up a consulting team that will be responsible for selecting the most suitable experts to ensure that all the seclected experts have enough ability to help the city develop its projects most effectively. Under the policy, the city will provide initial subsidy of VND80 million to VND100 million (US$3,500 to $4,300) to each scientist and expert after they sign a contract. They will receive a monthly salary based on the coefficient used to calculate the pay … [Read more...] about New policy to attract more experts, scientists to work for HCM City gov’t
Central Group and Aeon help local firms expand foreign distribution networks
Local companies should add more value to their products before selling them to foreign distribution channels. They should not focus too much on cheap prices or low labour cost that does not generate real value for the products. Yuichiro Shiotani, director general of Aeon Top Value Viet Nam made the statement at a training workshop, “Supporting Vietnamese enterprises’ participation in foreign distribution networks”, held in Ha Noi on Tuesday. Prime Minister Nguyen Xuan Phuc was present at the event. He said Aeon Top Value had been working to put a number of made-in-Viet Nam products, which were available in Aeon Viet Nam retail stores, on the shelves of its stores in Japan. The workshop attracted participation of 180 exporters from northern provinces. The event was co-organised by the Ministry of Industry and Trade, Central Group of Thailand, Japan-based Aeon Group and Rungis International Market - the world’s largest wholesale food market - from France. The … [Read more...] about Central Group and Aeon help local firms expand foreign distribution networks
Vietnamese firms helped to participate in foreign distribution networks
The training workshop “Assisting Vietnamese Enterprises’ Participation in Foreign Distribution Networks” takes place in Hanoi on May 8. (Photo: VNA) Hanoi (VNA) – The training workshop “Assisting Vietnamese Enterprises’ Participation in Foreign Distribution Networks” took place in Hanoi on May 8, gathering 180 exporters from northern provinces. The event was co-held by the Ministry of Industry and Trade, Central Group of Thailand, Japan-based Aeon Group, Rungis International Market – the world’s largest wholesale food market – from France. It is part of the governmental project, namely “Developing Direct Participation of Vietnamese Enterprises in Foreign Distribution System up to 2020”, that seeks to help local firms develop new export channels to directly take their products to consumers in foreign countries. The goal will be achieved via the provision of a series of training workshops for enterprises on … [Read more...] about Vietnamese firms helped to participate in foreign distribution networks