Pham minh chinh global outlook

Panasonic Life Solutions Vietnam in Vietnam - Singapore Industrial Park, Binh Duong province. (Photo: VNA) Hanoi (VNS/VNA) - Vietnam will adjust investment policies to adapt to the global minimum tax rate and remain an attractive destination for investment. The move comes amid concerns that this measure might undermine the competitive advantage of developing countries in attracting foreign investment through offering tax incentives. The global minimum tax was Pillar Two of the Organisation for Economic Co-operation Development ( OECD )’s base erosion and profit-shifting (BEPS) framework. To date, the solution drew the participation of over 140 countries and jurisdictions, including Vietnam, which aimed to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate through the establishment of a global minimum effective corporate tax rate of 15% for those with annual revenue of 750 million euros, starting from … [Read more...] about Vietnam to develop policies to adapt to global minimum tax

Vietnam considers the US as one of its most important partners and welcomes the US to support a strong, independent, and prosperous Vietnam. Vietnam aims to enhance the Comprehensive Partnership with the US, focusing on mutually beneficial outcomes that generate employment opportunities and growth for both nations. Overview of the meeting. Photos: Nhat Bac “Such an effort would contribute to supporting global and regional stability, cooperation, and development while promoting peace and harmony.” Prime Minister Pham Minh Chinh stressed the remarks during a meeting with a delegation of the US-ASEAN Business Council (USABC) today [March 22]. At the meeting, Chinh welcomed a delegation of over 50 large US enterprises to visit and work in Vietnam, coinciding with the 10th anniversary of the Vietnam-US Comprehensive Partnership (2013-2023). The Prime Minister expressed gratitude to the US Government and businesses for their support in providing vaccines and … [Read more...] about Vietnam continues to push for stronger ties with US: PM

Prime Minister Pham Minh Chinh asked the youth of Vietnam to play a pioneering role while chairing a hybrid dialogue with young people nationwide on March 22. PM Pham Minh Chinh presents flowers to congratulte the Ho Chi Minh Communist Youth Union on its 92nd anniversary at the dialogue on March 22. (Photo: VNA) The dialogue focused on three topics: education and training for the building of high-quality young human resources meeting requirements of the Fourth Industrial Revolution, improving physical health and the cultural and spiritual life of the youth, and creating an environment for the young to make self-improvement, start careers, and innovate. In his message to over 20 million young Vietnamese people both at home and abroad, PM Chinh affirmed that the Party and State always attach importance to the youth’s role in national development and safeguarding, and that throughout history, the youth have always played a crucial part as late President Ho … [Read more...] about Prime Minister calls on youth to play pioneering role

Prime Minister Phạm Minh Chính and delegates of the US-ASEAN Business Council in Ha Noi on Wednesday. —VNA/VNS Photo Duong Giang The Vietnamese Government will continue to create favourable conditions for US businesses to expand investment in Viet Nam and support Vietnamese enterprises participating deeply in the production value chain of US enterprises. Prime Minister Pham Minh Chinh delivered this statement during a working session with the delegation of the US-ASEAN Business Council (USABC) in Ha Noi yesterday. The PM said that Viet Nam considered the US one of its most important partners and wanted to deepen the comprehensive bilateral partnership. He also praised the US business community's production and investment activities in Viet Nam, saying that the Vietnamese Government was willing to listen to the US businesses' opinions. The PM noted that the Vietnamese Government would accompany US businesses to solve difficulties and successfully implement their investment … [Read more...] about Viet Nam promises optimal conditions for US enterprises: PM

At a Wednesday meeting between Prime Minister Pham Minh Chinh and the delegation of the U.S.-ASEAN Business Council (USABC), the council's president Ted Osius said U.S. businesses consider Vietnam a strategic market and are ready to commit to long-term investments in the Southeast Asian nation. Osius said the delegation were highly supportive of the Vietnamese government’s moves towards a more digital and green society. He also encouraged steps the country has taken in infrastructure development, such as the construction of new highways and metro rail public transit options, the Vietnam Government Portal reported. U.S. ambassador to Vietnam Marc Knapper said the American grouping at the meeting was the largest U.S. business delegation to ever visit Vietnam. He said this confirmed the commitment of the U.S. government and the private sector to support a strong and prosperous Vietnam via cooperation. At the meeting, the delegation proposed new ideas and opportunities for business … [Read more...] about Major US companies laud Vietnam as strategic market

The two countries officially established diplomatic ties on March 22, 1973, just two months after the Paris Agreement on ending the war and restoring peace in Vietnam was signed. Vietnam will long remember the wholehearted assistance from the Belgian government and people for its post-war reconstruction and recovery efforts. Over the past five decades, bilateral partnerships have flourished in various spheres, particularly politics - diplomacy, trade, agriculture, education - training, science and technology, and development cooperation at the federal, regional, and community levels. Belgium always attaches importance to relations with Vietnam and has established itself as an international partner substantially contributing to the Southeast Asian country’s successes via development cooperation programs. The two sides have also actively coordinated with each other at multilateral forums, especially the United Nations, the Asia - Europe Meeting (ASEM) and ASEAN - E.U. frameworks. … [Read more...] about Vietnam – Belgium traditional friendship receives renewed support