Vietnam next general secretary

After Vietnam's tax authorities enhanced the collection of taxes from traders on digital platforms, including social networks and e-commerce sites, many traders are seeking ways to avoid paying them or pass the buck to buyers. Shopping on websites, e-commerce platforms, and social networks is a national trend. E-commerce has boomed in Vietnam with revenue of some US$13.7 billion in 2021. The figure is forecast to reach $39 billion by 2025. However, the tax revenue from this sector has not risen commensurately its growth. Multiple tricks to avoid taxes Minh Thu, living in Thu Duc City, a district-level city in Ho Chi Minh City, said after ordering a pair of shoes from an online trader on Facebook, she was surprised as the trader announced that from August 1, customers must make payments in advance and the trader will not offer the cash-on-delivery (COD) service as earlier. Money transfer descriptions must not include the words 'buy' or 'sell,' but Facebook or Zalo … [Read more...] about In Vietnam, online vendors seek ways to avoid taxes

Representative from PetroVietnam Camau Fertilizer JSC receives insignia as one of top 50 listed firms in Vietnam in 2022. Hanoi (VNA) – Four member companies of the Vietnam Oil and Gas Group (PetroVietnam) have been named in the list of the top 50 listed firms in Vietnam in 2022 compiled by Forbes Vietnam . They are Petrovietnam Gas Corporation (PV Gas), PetroVietnam General Service Joint Stock Corporation (Petrosetco), PetroVietnam Fertilizer and Chemicals Joint Stock Corporation (PVFCCo), and PetroVietnam  Camau Fertilizer JSC. PV Gas is at the ninth place in the list this year. This is the 10th consecutive year that the company has been honoured in the list. The company posted record revenue and profit in the first six months this year, with net turnover at 54.342 trillion VND (2.32 billion USD at current exchange rate), up 35% year on year and after-tax profit at 8.637 trillion VND, up 98% year on year. In the period, PV Gas produced and supplied more than 1 billion … [Read more...] about Four subsidiaries of PetroVietnam named in Forbes Vietnam’s list of top 50 listed firms

An overview of the programme (Photo: VNA) HCM City (VNA) – A programme linking the strength of Vietnam’s tourism opened in Ho Chi Minh City on August 8, seeking ways to gain international tourism growth and comprehensive recovery of Vietnam’s tourism. The two-day event is jointly held by the Vietnam Tourism Association, the Tourism Association of Ho Chi Minh City, and the Vietnam National Administration of Tourism. Nguyen Thi Khanh, President of Ho Chi Minh City ’s Tourism Association, said that at present, domestic tourism is gradually recovering with positive results, but international tourism, both inbound and outbound, has not recovered as expected. Therefore, in addition to trading activities between units in the tourism industry, the programme also has activities to introduce new products and services of localities and businesses around the country. Organisers said that they will organise tours to destinations in Ho Chi Minh City and other southern localities … [Read more...] about Programme links strength of Vietnam’s tourism

Vietnamese, who wish to apply for visas, need to bring their new passports and identity cards to verify their place of birth. Spain has recognized that Vietnam's newly issued blue-violet passport includes necessary information required by international regulations, the Spanish Embassy in Hanoi announced on August 8. The notice said the latest move was taken after technical consultation by the Spanish authorities. “However, people who wish to apply for a visa need to bring their new passports and valid identity cards to verify their place of birth,” the Spanish Embassy noted. Spain was the second country to grant visas to holders of the new Vietnamese passport, after Germany. Photo: VGP It also warned that visa granted by Spain to bearers of Vietnam's new passport would not allow their entry into countries that have not accepted the redesigned passport, even if those countries are  Schengen members. Therefore, the embassy recommended that visa … [Read more...] about Spain recognizes Vietnam’s new passport

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 8. - Prime Minister Pham Minh Chinh on August 8 described digital transformation as an important tool for the building of an independent and self-reliant economy and the extensive and effective integration into the world. He made the remark while chairing the third meeting of the National Committee on Digital Transformation in Hanoi. Read full story - Issues in the areas of public security and culture, sports and tourism will be the focus of the upcoming question-and-answer session of the 15th National Assembly (NA)’s 14th session on August 10, according to a freshly-released plan of the NA Standing Committee. Read full story - A delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army, is making an official visit to Vietnam. Following an official welcome … [Read more...] about ☕ Afternoon briefing on August 8

Emart Go Vap in HCM City. THACO wants to turn Emart into a leading supermarket chain in Viet Nam. — Photo courtesy of THACO Emart Vietnam plans to open two hypermarkets in HCM City this year, one in Thu Duc City’s Thu Thiem area in October and the other in Go Vap District in December. Chun Byung Ki, general director of THISO Retail, revealed this information at the 2022 Emart Partners Day in HCM City on August 5, which was attended by more than 500 suppliers, saying the chain aims to have 20 stores across the country and revenues of US$1 billion by 2026 to become the hypermarket chain with a largest market share. Emart Sala Thu Thiem will spread over an area of ​​more than 6,000sq.m inside THISO Mall in Thu Duc City. With its outstanding facilities, Emart Sala Thu Thiem will seek to provide modern and differentiated shopping experiences to customers living in high-end residential areas and their neighbourhoods. Emart Phan Huy Ich in Go Vap District will be located at the … [Read more...] about THACO determined to turn Emart into leading supermarket chain in Viet Nam

Viettel Telecom launches tracking device vTag to help customers locate and monitor children, valuable objects and personal items. (Photo courtesy of Viettel) HCM City (VNS/VNA) - Viettel Telecom has officially launched a tracking device called vTag, which Viettel hopes can compete with Apple's AirTag. The device has features such as real-time positioning , travel history, SOS alert, a warning when leaving preset zones (Geo-fencing), and is water/dust resistance as per IP67 standard. vTag is a tracking device that uses the technologies of NB-IoT and GSM to locate and monitor children, valuable objects and personal items. Nguyen Trong Tinh, Deputy General Director of Viettel Telecom , said that vTag uses GPS satellite technology and mobile signals to help track objects. The device is compact and designed in a hook-and-loop case which can be worn around the neck, attached to objects or combined with a case or a silicone strap to wear on the wrist. Designed to … [Read more...] about Viettel Telecom introduces tracking device vTag

Illustrative image (Photo: VNA) Hanoi (VNA) - The index of industrial production (IIP) in July was estimated to increase by 1.6%  over the previous month and by 11.2% over the same period last year, according to the General Statistics Office. The rise was thanks to a further reopening of the economy in the wake of COVID-19 disruptions . Output growth accelerated for most components, including manufacturing (12.8% against 9.9% in June); electricity and gas supply (8.7% against 5.5% in June); and waste treatment (9.2% against 6.3% in June). In contrast, mining output fell 1.5%, reversing from a 5.1% growth in June./. VNA … [Read more...] about Seven-month index of industrial production up 11.2%

Hanoi is committed to working closely and effectively with Ho Chi Minh City and the Central Key Economic Zone in tourism. The link between Hanoi, Ho Chi Minh City, and the Central Key Economic Zone [comprising five localities of Thua Thien - Hue, Danang, Quang Nam, Quang Ngai, and Binh Dinh] is very important in the tourism development of those localities and the whole country. Nguyen Hong Minh, Deputy Director of the Hanoi Department of Tourism, emphasized the need for closer connection at the preliminary conference on tourism development linkage between Hanoi, Ho Chi Minh City, and the five localities for 2021-2025 on August 8 in Quang Ngai Province. tourism in Hanoi and six cities and provinces have had positive results in the past time. Photo: Sun Group After two years of implementation, despite difficulties due to the Covid-19 pandemic, the city along with other provinces and cities has actively exchanged information, built new orientations in local … [Read more...] about Hanoi strengthens tourism cooperation with Central Key Economic Zone

“Thanks to the effective pandemic response and guided by the ASEAN Comprehensive Recovery Framework (ACRF) and its Implementation Plan, we have emerged safer, stronger, and more resilient as a community,” he said at the event, held by the ASEAN Secretariat at its headquarters in Jakarta to mark ASEAN’s 55th founding anniversary. ASEAN trade volumes have returned to pre-pandemic levels and the association’s economy is forecast to grow by 4.9% this year and 5.2% next year. “The entry into force of the Regional Comprehensive Economic Partnership (RCEP) earlier this year demonstrates ASEAN’s pivotal role in contributing to regional peace and growth, bettering the life of our people, and providing opportunities for all.” According to the Secretary General, in spite of these achievements, ASEAN must remain vigilant against the ever present risks to its recovery, including disruptions to the supply of key commodities, rising costs in food and logistics, and the economic slowdown in … [Read more...] about 55th ASEAN Day Celebration solemnly held