Retail sales

Illustrative image. (Photo: SGGP) In mid-August, preparation activities for the new school year contributed to an increase in the consumer price index (CPI) in the third quarter, helping to keep a strong and stable growth in the service and retail sales sectors of Ho Chi Minh City. The policy of not increasing hospital fees and tuitions until the end of 2022, even becoming a pioneer in supporting and implementing the proposal of the Ministry of Education and Training in exempting and reducing tuitions, is an important orientation. On the one hand, the city strives to achieve the key goal of stabilizing the CPI. On the other hand, it strengthens the price stabilization of goods for the new school year and essential items of the food and foodstuff group as a practical move to share the burden with people and parents. The total retail sales of consumer goods and services in the city in July increased by 1.4 percent compared to the previous month and 139.8 percent compared to the … [Read more...] about HCMC with upward, downward trends

The Ho Chi Minh Museum is home to 170,000 documents, objects, and films about President Ho Chi Minh’s life and his revolutionary cause. Several exclusive and special gifts are on sale for the first time on the occasion of the launching of a souvenir shop in the Ho Chi Minh Museum ealier this week, Van Hoa (Culture) newspaper reported. Real experience in making rubber sandals. As of January 9, souvenirs telling remarkable stories on the life of the late President Ho Chi Minh were on sale including the replicas of pure gold coins worth VND20 (1948) presented by the President to Governmental ministers, the miniatures of Uncle Ho’s rubber sandals, the 3D model of late President Ho Chi Minh at the Ceremonial Chamber, the museum's brand identity painted on fresh lotus leaf, among others. Rubber sandals with the design of those worn by Uncle Ho are for sale. Visitors buy souvenirs at the shop. … [Read more...] about Exclusive souvenirs on sale at Ho Chi Minh Museum in Hanoi

Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss

Techcombank managers share information about Techcombank Aspire, a financial brand targeting the Why Not? Generation at a ceremony in HCM City on August 15. — VNS Photo Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has launched Techcombank Aspire, the first financial brand dedicated to the ‘Why Not?’ Generation of customers. According to Techcombank, the Why Not? Generation is a young population that believes in the future, is ambitious and often asks the question now appended to its name to overcome self-limitations and the pressure of family expectations to assert itself in the way it wants. Darren Buckley, head of retail banking at Techcombank, said: “We always strive to pioneer a simple, intuitive banking experience with features that help customers actively manage and grow their assets easily and seamlessly. Techcombank Aspire is tailored to meet the needs of users at all stages. We do not advise young people 'doing this way you will save more money'; … [Read more...] about Techcombank Aspire targeting Why Not? Generation launched

An overview of the conference. — VNA/VNS Photo More than 100 businesses and 43 investors of industrial clusters and nearly 20 commercial banks participated in a conference to connect local firms in Ha Noi with commercial banks and the Ha Noi Development Investment Fund (HANIF). The event, launched on August 15, was jointly held by the city's Department of Industry and Trade, the Ha Noi Branch of the State Bank of Vietnam, and the Ha Noi Association of Main Industrial Products (HAMI). Addressing the event, Tran Thi Lan Phuong, Acting Director of the Ha Noi Department of Industry and Trade, said that the conference aimed to provide a chance for banks and investment funds to introduce soft loans and support programmes to businesses, helping them overcome difficulties and develop. In order to launch infrastructure projects in industrial parks and clusters in the city, the Ha Noi Department of Industry and Trade suggested that businesses should coordinate closely with credit … [Read more...] about Ha Noi connects commercial banks with local businesses

Illustrative image (Photo: Airbus) Kuala Lumpur (VNA) - Malaysia Aviation Group , parent company of Malaysia Airlines , has signed a provisional agreement to acquire 20 Airbus A330neos to replace its ageing fleet of A330 widebody jets, in a deal that also involves aircraft leasing company Avolon . The airline will buy 10 of the planes from Airbus and then execute a sale-and-leaseback deal with Avolon, with the other 10 leased directly from Avolon, the carrier announced on August 15. The planes, which will have Rolls-Royce engines, are scheduled to be delivered from the third quarter of 2024 through 2028, the airline said. The A330neo is the new generation version of the popular A330 widebody. Incorporating the latest generation engines, a new wing and a range of aerodynamic innovations, the aircraft offers 25% reduction in fuel consumption and CO2 emissions./. VNA … [Read more...] about Malaysia Airlines to buy 20 A330neos

The fair drew the attendance of 120 enterprises in different sectors of banking, finance, retail, securities, education, and more. Participants can directly register with recruiters to attend interviews at the fair or create online profiles. Through the fair, the organizing panel hoped that participants would acquire practical knowledge and skills, and receive valuable experiences to quickly adapt to the recruitment trends of the current labor market. Along with the Job Fair, the Ho Chi Minh City Open University also organized a ceremony to sign cooperation agreements with over 190 enterprises, opening more job opportunities for its students after graduation. Translated by Quynh Oanh … [Read more...] about HCM City Open University holds Job Fair