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HCM City (VNS/VNA) - Officers tasked with preventing fake goods, trade fraud and smuggling in Ho Chi Minh City and southern border provinces have been forced to work hard ahead of Tet (Lunar New Year), which falls on February 12 this year. Last week, the HCM City customs department discovered 14 steel containers that consignee V.V Steel Company described wrongly to evade tax. The company, in Long An province’s Duc Hoa district, made a declaration that would have allowed it to enjoy 0 percent tax instead of the 10-15 percent it had to pay, equivalent to 1 billion VND (43,000 USD). Now, besides the tax it will also have to pay a penalty of 20 percent of the amount. Smuggling and trade fraud are becoming increasingly sophisticated. Truong Van Ba, Director of the HCM City Market Surveillance Department, said last year 25,538 violations had been discovered involving loss of tax revenues of 5.8 trillion VND. Competent agencies filed charges in 113  cases. … [Read more...] about HCM City, southern provinces step up efforts against fake goods

C. Matthew, Attorney at Dentons International Law Firm, told the seminar: “The US is a large consumer market and a trading partner that many countries want to penetrate. However, this is also a market with lots of potential legal risks, especially the increase of trade remedies in recent times. The US will adjust different trade policies to protect the interests of the nation in different phases with different partners.” … [Read more...] about Exporters to identify risks of trade defence measures in the US

In a soft but clear voice, the country’s leader said, “It is widely known that the People’s Army Newspaper plays an important role in the Vietnamese revolutionary press. The country’s press and media are developing vigorously with various forms of print newspaper, e-newspaper, radio, TV and so on. But the role and mission of the PAN have not changed. The newspaper even becomes more important now in this context. The PAN is the newspaper of the heroic army and heroic nation so it should cover activities of the army as well as all aspects of life. It can be said that the newspaper has taken the lead in reflecting the national achievements in implementing the two strategic missions: country construction and national defense. Regarding orientations for the development of the newspaper in the coming time, the PAN should strictly follow its principle, functions and missions while drawing an increasing number of readers.” … [Read more...] about PAN is an exemplar in Vietnamese revolutionary press: country’s top leader

Hanoi (VNA) - Collecting public feedback on the draft documents to be submitted to the upcoming 13th National Party Congress is a vivid illustration for the Communist Party of Vietnam (CPV)’s efforts to ensure democracy in the Party, said Vice Chairman of the Party Central Committee’s Commission for Mass Mobilisation Nguyen Phuoc Loc. In a recent interview with the Vietnam News Agency’s reporter on the threshold of the 13th National Party Congress, Loc said that the Party Central Committee's Commission for Mass Mobilisation had joined hands with the Vietnam Fatherland Front and socio-political organisations at the central level to hold 24 meetings to collect public feedback on the draft documents, with a view to engaging the whole people in the outlining of policies to develop and protect the nation in the new situation. This showed the close relationship between the Party with the people as well as the nation’s solidarity, he stressed. The draft documents to … [Read more...] about CPV ensures democracy through public feedback on draft documents

11,693 cars are both locally assembled and completely built units imported including Camry, Corolla, Innova, Alphard, Fortuner, Land Cruiser 200, Land Cruiser Prado, Hilux and Hiace that were built from 2017 to 2019. Lexus Vietnam also recalled 1,334 cars that were built from 2017 to 2019. Those cars have shown error warnings, vibrating engines, failure to start or sudden stop while running. Those errors are caused by a fuel pump inside the fuel tank. The pumps may have low quality and lost their shapes and become broken when the cars are fuelled. Both Toyota and Lexus Vietnam said they would replace the fuel pump for free for all of their customers who are affected. The repair will take up to four and a half hours to complete. Customers can directly contact Toyota or Lexus agents in Vietnam for the repair. People who bought those cars via unofficial channels will also get support. Toyota and Lexus Vietnam will work with the mother company Toyota Motor Corporation for … [Read more...] about Toyota recalls 13,000 cars over fuel pump error