The directive highlighted that Vietnam's digital economy has witnessed a strong development with the important contribution of e-commerce in recent years. The Government has issued many policies, regulations and drastic measures to improve the efficiency of state management over e-commerce activities, business on digital platforms and tax management. However, the rapid development of the e-commerce market has posed big challenges to the management of e-commerce activities and tax administration, it said. To adapt to the change in the business environment on the digital platform, there must be close coordination between specialized management agencies to control payment transactions and authenticate information of business organizations, individuals and taxpayers. In order to increase the effectiveness and promote digital transformation in the state management of e-commerce activities, trading on digital platforms and cross-border business as well as the sharing of data among … [Read more...] about Prime Minister issues directive to enhances data sharing for e-commerce development
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Prime Minister issues directive to enhance data sharing for e-commerce development
Illustrative image. (Photo: congthuong.vn) Hanoi (VNA) – Prime Minister Pham Minh Chinh on May 31 signed Directive No. 18/CT-TTg on promoting data connection and sharing for e-commerce development, preventing tax loss, and ensuring monetary security. e-commerce activities and supply of cross-border digital products and services. The plan should be finished in the third quarter of this year. The development of electronic payments will facilitate e-commerce (Photo: tapchinganhang.vn) The SBV is to collaborate with the MoF and other agencies in establishing a mechanism for the supervision of payment transactions to support tax administration of cross-border service provision in line with the Law on Tax Administration and related laws. The MoPS is asked to accelerate the integration of the national database on the population with databases and information systems of ministries, agencies and localities for the application of e-identification and … [Read more...] about Prime Minister issues directive to enhance data sharing for e-commerce development
Two draft laws, N.A.’s draft supervisory plan for 2024 put on table
In the morning, on behalf of the Prime Minister, Minister of Public Security To Lam submitted a draft law on amendments and supplements to some articles of the Law on the People’s Public Security Force. The draft law aims to institutionalize the Party’s guidelines and policies, remove bottlenecks, and guarantee the legal system’s consistency to meet the requirements for safeguarding national security and social order and safety. Minister To Lam also proposed a draft law amending and supplementing some articles of the Law on Exit and Entry of Vietnamese Citizens and the Law on Foreigners’ Entry into, Exit from, Transit through and Residence in Vietnam. This bill is intended to institutionalize the Party’s guidelines and policies and meet the N.A.’s requirements for and the Government’s process on administrative reform and digital transformation. Verification reports on the two drafts were delivered by Chairman of the N.A. Committee for National Defense and Security Le Tan Toi. … [Read more...] about Two draft laws, N.A.’s draft supervisory plan for 2024 put on table
Vietnam’s participation in 42nd ASEAN Summit to contribute to association’s success
The summit is one of the large-scale official multilateral foreign affairs activities that Prime Minister Pham Minh Chinh attends in 2023. The participation of Prime Minister Pham Minh Chinh and the Vietnamese delegation in the 42nd ASEAN Summit not only demonstrates the country's support for Indonesia in its role as ASEAN Chair 2023, but also actively actualizes foreign policies and guidelines on "continuing to promote and enhance the effectiveness of foreign affairs and international integration" set by the 13th National Party Congress. The 42nd ASEAN Summit is the first official meeting since Indonesia undertook the role as ASEAN Chair 2023. It takes place in the context that the regional and international situations are developing complicatedly with many potential risks. Strategic competition among major countries tends to increase. Although the world economy has shown signs of recovery after the COVID-19 pandemic, the overall growth rate is still low and precarious. Over the … [Read more...] about Vietnam’s participation in 42nd ASEAN Summit to contribute to association’s success
Parliaments should play stronger role in protecting environment for sustainable development: National Assembly Vice Chairman
Dinh made the statement at the 10th Nevsky International Ecological Congress held in St. Petersburg in Russia, with the theme "Ecology: A Right, Not a Privilege," which drew nearly 1,500 delegates from 52 countries and territories. Lauding the theme of the congress, the Vietnamese representative said that Vietnam always puts the people at the center and considers the people as the most important motivation and highest target of sustainable development. Vietnam's commitment to net-zero emission by 2050 given at the 26th U.N. Climate Change Conference (COP26) showed the country’s determination and responsibility in joining hands with the international community in addressing global challenges in climate, environment and biodiversity downgrading, heading to a healthy planet, Dinh said. He underlined that it is necessary to build a suitable legal corridor, encouraging and supporting organizations, individuals and businesses to operate in a green and sustainable manner. Parliaments … [Read more...] about Parliaments should play stronger role in protecting environment for sustainable development: National Assembly Vice Chairman
Steering committee seeks solutions to realize green growth targets
The Deputy PM required the committee to update green growth-related statistics and targets since the COP26, and study experiences of countries in implementing green growth strategies with a view to draw out lessons for Vietnam. He underlined the need to identify a number of pilot projects in priority fields such as legal framework, science-technology, education-training and digital transformation, which will serve as the foundation for green growth in sectors with large emissions like agriculture or transport. He also instructed that ministries and sectors urgently build sets of tools and binding standards to classify and assess green growth, while additional investment should be ensured for the transition from the traditional growth model to green growth. Besides green growth, Deputy PM Tran Hong Ha noted the important role of the digital economy in leading green and sustainable growth. According to a report of the Ministry of Planning and Investment, the International … [Read more...] about Steering committee seeks solutions to realize green growth targets
Ha Nam province – a new manufacturing hub for SME expansion
Ha Nam’s distinctive advantage, according to many investors, lies in its proximity to Hanoi. Strategically located at the centre of the North Central region, Ha Nam is an intersection of key transportation routes. The province provides convenient access to neighbouring areas such as Hanoi, Haiphong, Bac Ninh, Bac Giang, Thai Nguyen, and others. Additionally, it is home to some northern arterial routes, namely the Cau Gie-Ninh Binh motorway, national road 1A, and the North-South motorway. Due to its ideal location near the major economic centre of Hanoi and its developed infrastructure, Ha Nam greatly facilitates the activities of transporting and trading goods. Meanwhile, its industrial parks (IPs) feature a comprehensive infrastructure base, including transport, power, water supply system, and waste-water treatment stations that perfectly match businesses’ long-term development goals. Located in the Dong Van 3 IP, the GNP Dong Van 3 project has all the geographical … [Read more...] about Ha Nam province – a new manufacturing hub for SME expansion
VNG embraces technology to lead the gaming industry
Now that technology is booming, what are the challenges and growth opportunities facing the gaming industry in general and VNG in particular? VNG has been in the gaming industry for 19 years, and has witnessed many changes over that time. Giap Le Trong, head of the Game Publishing Platform at VNG Corporation In my opinion, the greatest challenge for the industry is how to understand the gaming culture of Vietnamese people as it has changed many times. Previously, it focused on products like PC games, but now it's all about mobile devices. The current development of mobile games makes user behaviour much more different compared to before. In the wake of this, VNG has been active in terms of technology transformation to meet our changing goals. In our vision, we aim to focus on bringing tech products to the world's playground, in which games form the spearhead. How will VNG overcome the obstacles and maintain its position as the leader in the local game … [Read more...] about VNG embraces technology to lead the gaming industry
Vietnam News Highlights for June 1, 2023
Keep up to date with the latest developments in Vietnam. Hanoi has a new chip development centre Delegates attend the opening ceremony of new chip development center. Photo: Infineon Technologies German semiconductor solutions provider Infineon Technologies announced on May 31 the establishment of a new chip development center in Vietnam's capital city of Hanoi. The center will focus on testing and customizing digital and analog signal circuits to support applications such as autonomous driving, battery monitoring, and balancing. The new office is expected to employ around 25 technical experts by the end of this year and will report to Infineon Technologies Vietnam, a subsidiary of Infineon Technologies Asia-Pacific. The center is expected to play a key role in Infineon's growth plans for its design and support services business. First ICHAM CUP Golf Tournament runs until August 7 The first ICHAM CUP golf tournament, organized by the … [Read more...] about Vietnam News Highlights for June 1, 2023
Coteccons signs MoU with Microsoft Vietnam
Vo Hoang Lam, CEO of Coteccons said, "We would like to be one of the first examples of how to digitalise the construction industry in Vietnam. We recognise that there is an urgent need to apply established technologies and techniques in new ways to improve not only management efficiency and productivity but also environmental, social, and governance performance." Leaders of Coteccons and Microsoft Vietnam at the MoU signing on May 30 “Coteccons has decided to take the journey to the cloud. We are looking for a trusted technology partner who can help accelerate our growth strategy and do more with fewer resources, enabling us to focus on innovation. We are confident in this collaboration with Microsoft as the backbone of our digital journey,” he added. Coteccons plans to use Microsoft’s technology and solutions in four areas, namely optimising the customer experience, building a modern workplace, streamlining operations, and transforming products and services. Nguyen … [Read more...] about Coteccons signs MoU with Microsoft Vietnam