Being more active to cope Chan from BW asserted that the support programme for foreign investors, who account for 23 per cent of the total investment in the country (according to figures from the General Statistics Office in 2019), should be implemented soon, providing them with exemption from corporate income tax, reduction or exemption from corporate social insurance payments, and deferment on bank loan payments. … [Read more...] about Maintaining business stability a top task for foreign investors
Trading on the foreign exchange market
Last weekend, the stock market was covered by negative information, especially the situation of mortgage lien release, including real estate stocks. Firstly, on March 23, HDB Securities Company announced it would lift the mortgage of 3 million ROS shares of Mr. Trinh Van Quyet from March 24. Right after the announcement, FLC Group said that money had been added to the brokerage account of Mr. Trinh Van Quyet. Therefore, HDB Securities Company terminated the mortgage lien release on ROS shares. However, information about mortgage lien release still massively appeared at the end of March when the market plummeted continuously. On March 30, Hoa Phat Joint Stock Company denied the information that the Bank for Foreign Trade of Vietnam (Vietcombank) sold 100 million shares of HPG mortgaged by Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group. Accordingly, the medium and long term contract between Hoa Phat Group and Vietcombank already had collateral. The mortgage of … [Read more...] about Stock market receives positive breeze
“We strongly believe Novaland is well-prepared not only to overcome this difficult situation with our tested experiences and advanced planning, but also to thoroughly take advantage of the opportunities presented to us during this challenging period. We will work more diligently and harder to retain the invaluable trust of our customers, partners and investors in Novaland, and successfully achieve our mission and vision,” Huy said. … [Read more...] about Novaland attractive to foreign investors, why?
Overall, 72 percent of respondents in all five markets claim never to have consumed wildlife products. 84 percent said they would be very unlikely or unlikely to buy wildlife products in open wildlife markets in future, with Hong Kong expressing the highest aversion at over 90 percent. … [Read more...] about Majority Vietnamese averse to wildlife markets as source of Covid-19: survey
However, if the company submits a complaint to Shopee, requesting the e-commerce website to remove goods with unidentified origin, it is critical to prove that seller’s act of offering for sale of such model toys, violating Vietnamese laws. To this end, a petition for handling trader’s infringing acts should be submitted to a competent authority in Vietnam who will, besides seizing the infringing goods for destruction, issue a sanction decision against the violator. Based on such a sanction decision, the manufacturer will have “reasonable grounds” or basis to send a request to Shopee. … [Read more...] about Tighter rules sought on e-commerce trade piracy