Phu Nhuan Jewelry Joint Stock Company maintained its growth momentum last year amid a strong decline of the domestic jewelry market in general, with its revenue reaching VND17.511 trillion (US$759.4 million), a year-on-year increase of 3 per cent, and surpassing 21 per cent of the target set for last year. … [Read more...] about PNJ profit surpasses 21 per cent target
Receiver under companies act 2013
VIETNAM NEWS JANUARY 26
As a student who followed the graphic career of late painter Le Mai Khanh, painter Pham Khac Quang (born in 1975) focused on highly expressive graphic works with new ideas both in structure, shades of light and shapes. He has always searched for new directions and used new materials to express familiar content, bringing a multidimensional perspective and feelings. He shared: “Art has no limits and no destination. Art is a journey for us to take. Creativity is always changing, as are artists who always desire that the new will come to them”. … [Read more...] about VIETNAM NEWS JANUARY 26
Vietnam’s e-commerce market generates $11.8 billion in 2020
Recently, the draft decree amending Decree No.52/2013/ND-CP on e-commerce, which is being consulted by the Ministry of Industry and Trade, is believed to have a number of amendments to suit the new market trends. However, the draft decree still receives mixed responses. … [Read more...] about Vietnam’s e-commerce market generates $11.8 billion in 2020
Shipping industry needs State support to develop: ministry
To encourage the development of specialised ships, he said the ministry had requested enterprises to build or buy ships to replace foreign-nationality vessels, because Viet Nam would only license foreign-nationality ships until the end of 2023 to operate on domestic routes. … [Read more...] about Shipping industry needs State support to develop: ministry
Shipping industry needs State support to develop: ministry
Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry