Rise of kingdoms vietnam facebook

The Vietnamese Ministry of Information and Communications, at a working session on Wednesday with the U.S.-ASEAN Business Council (USABC) and representatives from many U.S. enterprises, called on U.S enterprises to support Vietnamese enterprises, especially SMEs, in digital transformation. Following a working session with Vietnamese Prime Minister Pham Minh Chinh, the USABC and U.S. enterprises, who are in Vietnam to seek cooperation, investment, and business opportunities, held a meeting with the Vietnamese Ministry of Information and Communications. A view of the working session between Vietnamese Prime Minister Pham Minh Chinh and the U.S.-ASEAN Business Council. Photo: Duong Giang / Tuoi Tre USABC President and CEO Ted Osius took time from the meeting to share his appreciation for the potential of Vietnam’s digital economy. According to Osius, U.S. enterprises are paying attention to the Southeast Asian country’s policies aimed at boosting the digital economy, … [Read more...] about Vietnam calls for U.S. support in digital transformation

The number of Cambodian travelers entering Vietnam is on the high rise, with the primary purpose of these visits quickly shifting from medical tourism to vacation tourism. Vietnam currently welcomes over one million Cambodian tourists each year – a figure which has surged since the end of the COVID-19 pandemic. Still, many local travel firms claim the number of Vietnamese companies offering tourism geared toward Cambodian tourists remains limited. Extended stays According to Pham Ngoc Ha, deputy general director of Saco Travel Company, her firm has been facilitating travel for scores of weekend travelers from the Cambodian provinces which border Tay Ninh Province in southern Vietnam. Popular tourism attractions for these visitors were local pagodas and Ba Den Mountain in Tay Ninh. Prior to the COVID-19 pandemic, many of these tours lasted just one day. Now more and more Cambodian tourists are opting for four-day, three-night tours to Ho Chi Minh City and other major … [Read more...] about Vietnam a major destination for Cambodian tourists

The 15% tax on profits, which was approved by 136 countries in 2021, is considered the deepest overhaul of cross-border tax rules in decades. The purpose of the overhaul is to ensure that tech giants such as Apple and Google will not have an unfair advantage by booking their profits in low-tax countries such as Ireland. The tax applies to multinationals with total revenues of at least EUR750 million ($819 million) in two of the preceding four years. This means that a company that invests in a foreign country will have be taxed by that country by at least 15%. Vietnam, along with the United Kingdom, Japan, South Korea, and the E.U. plan to start collecting the tax next year. It is estimated that 100 multinationals will be affected by the tax, which is expected to yield an extra $220 billions in tax income globally. Nguyen Thi Thu Huyen, deputy director of publicity at Canon Vietnam, said that tax incentive is one of the key factors for the company to maintain its large-scale … [Read more...] about New global tax to diminish Vietnam’s FDI attractiveness

Over the past 35 years of development, the Vietnam Bank for Agriculture and Rural Development, better known as Agribank, always proves its position and role as a leading commercial bank in Vietnam. It has pioneered monetary policies, contributing to stabilizing the macro-economy, curbing inflation and supporting the country’s economic growth. The bank has cemented its key role in developing the agriculture sector and rural areas and offering credit and services to serve the country’s socio-economic development. Agribank was proud to receive the Vietnam National Brand award for the third consecutive year in 2022 and was among the top 10 Vietnamese strong banking and financial brands the same year. The lender has obtained impressive achievements in digital and green transformation and made substantial contributions to community development. Despite the negative impact of the COVID-19 pandemic, Agribank, with its initiative and flexibility, has employed multiple … [Read more...] about Vietnam’s Agribank wins many local prestigious prizes

The U.S. Department of State’s annual human rights report contains inaccurate information about Vietnam, Vietnam’s Ministry of Foreign Affairs has said, adding the Southeast Asian nation is ready to discuss the discrepancies with the U.S. Deputy spokeswoman of the foreign ministry Pham Thu Hang spoke at a press conference in Hanoi on Thursday in response to the U.S. State Department’s March 20 announcement of the 2022 Country Reports on Human Rights Practices – the Human Rights Report – which stated that some Asian countries, including Vietnam, had “seriously and systematically violated human rights.” “Vietnam regrets that the Human Rights Report has released biased statements based on inaccurate information about Vietnam,” Hang said. It is Vietnam’s consistent policy to protect and promote human rights, the deputy spokeswoman emphasized. Considering its citizens as the central and driving force of the country’s renovation and development process, Vietnam strives to improve … [Read more...] about US human rights report incorrect: Vietnam foreign ministry

The 63 staff members of Vietnam’s Level-2 Field Hospital Rotation 4 operating at the United Nations Mission in South Sudan (UNMISS) have been honored with the UN Peacekeeping Medals for their dedication and outstanding contributions to UN missions. The award ceremony was held in Bentiu, South Sudan, on Wednesday, marking an important milestone for the field hospital after nearly a year of duty in South Sudan. Attending in the event were Lieutenant General Mohan Subramanian, Force Commander of the UNMISS; Jane Lanyero Kony, acting head of the UN Peacekeeping mission’s Field Office in Bentiu; Iqbal Mohd, UNMISS Chief Medical Officer; Lieutenant Colonel Nguyen Kim Tinh, Commander of the UN peacekeeping forces of Vietnam in South Sudan; and Lieutenant Colonel Vu Minh Duong, director of the hospital, among other participants. With the duty of providing medical care for UN staff working at the mission, the hospital has always strived to successfully complete its duties, contributing … [Read more...] about Vietnam’s field hospital in South Sudan awarded with UN peacekeeping medals

The maximum airfare on four out of five flight distances will rise in the second or third quarter, according to a recent price report of the Ministry of Finance. The biggest increase will be 6.67% (to VND4 million or $170) for one-way tickets on flights of 1,280 kilometers (Hanoi to Phu Quoc Island) and longer. Flights between 1,000 and 1,280 kilometers will see their ticket cap price rise 6.25% to VND3.4 million. Flights of smaller distances will see their maximum price rise by between 2.27% and 3.58%. Flights under 500 kilometers will see no ceiling change. Their prices will remain at a maximum of VND1.7 million per one-way ticket. The cap price increase will likely bring Vietnam’s 2023 Consumer Price Index up by 0.07% points. Earlier this year, Vietnam Airlines and Bamboo Airways proposed increasing the cap ticket price to take into account rising in costs. The airfare price cap was last increased in 2015. By November last year, fuel costs had surged more than 80% … [Read more...] about Vietnam to raise air ticket price cap

Four flight attendants of national flag carrier Vietnam Airlines who were taken into custody last week for transporting 11.4 kilograms of ecstasy and meth from France to Vietnam were released on Wednesday afternoon. According to Ho Chi Minh City investigators, there is no ground to file criminal charges against them. However, the case is still under investigation. Police said the flight attendants -- Vo Tu Quynh, Tran Thi Thu Ngan, Nguyen Thanh Thuy, and Dang Phuong Van -- did not know that they were carrying drugs. Last Thursday, customs officials at Tan Son Nhat International Airport in Ho Chi Minh City detected 8.4 kilograms of grey tablets and 3.080 kilograms of white powder, which are ecstasy and methamphetamine, in the four flight attendants’ carry-on luggage. The drugs were found in toothpaste tubes. Lieutenant General To An Xo, spokesperson of the Ministry of Public Security, told Tuoi Tre (Youth) newspaper that based on investigation results, relevant agencies … [Read more...] about 4 Vietnam Airlines flight attendants released after being caught transporting drugs

Nations along the Mekong River, including Vietnam, have agreed to join hands for the fair and sustainable use of water resources in the waterway. Vietnamese Prime Minister Nguyen Xuan Phuc participated in the Mekong River Commission (MRC) Summit in Siem Reap on Thursday. The summit also saw the attendance of the premiers of the four members of the MRC, namely Cambodia, Laos, Thailand and Vietnam, along with high-ranking officials from China and Myanmar, the two dialogue countries of the MRC. Speaking at the event, PM Phuc stressed the challenges along the Mekong River, which can eventually result in the depletion of water resources, sediment and nutrients, and the degradation of the environment and ecosystem. The problem is even more serious in regions located along the downstream, namely Vietnam’s Mekong Delta, where prolonged droughts, saltwater intrusion, and subsidence are threatening the lives of over 20 million people. The premier asked the MRC to take measures … [Read more...] about ​Vietnam to strive for sustainable use of water resources in Mekong River

The Vietnam Golf Association has issued an announcement on the suspension of a golf tournament, which was set to take place at Heron Lake Golf Course in Vinh Phuc Province, northern Vietnam, from March 23 to 25, following a sting which caught 22 participating golfers gambling. The announcement was sent to teams taking part in the VGA Union Cup 2023 golf tournament by the deputy secretary general of the association on Thursday. The golf tournament will be rescheduled for a future date, said the association. Sixteen golfers from two teams were originally scheduled to play eight matches in the tournament. Most of these golfers are entrepreneurs from Hanoi, Ho Chi Minh City, and other localities. The Criminal Police Department on Monday teamed up with the Vinh Phuc Province police department to carry out a sting on a five-star hotel in Vinh Yen City where 22 of the tournament’s participating golfers were caught gambling and playing poker. Police involved in the investigation … [Read more...] about Golf tournament in Vietnam’s Vinh Phuc suspended over illegal gambling