Ways to stop muscle spasms

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

The pandemic has accelerated an already strong shift towards digital across the world, redrawing how we live, work, and pay. Visa’s Consumer Payment Attitudes 2021 study shows that over half of Vietnamese consumers now regularly shop online and expect to be able to pay by card or mobile even in small physical stores. “As the architect of many of the solutions enabling this change, Visa is leveraging its world-leading digital expertise to make sure this transformation is inclusive and equitable,” said Dung Dang, Visa country manager of Vietnam. “We believe the digital economy will create global prosperity because economies that include everyone everywhere.” Innovation Workable strategies to go digital and embrace innovation are becoming essential. Around 90 per cent of small businesses with a digital presence attributed their pandemic survival to e-commerce, according to the 2022 Visa Global Back to Business Study. Visa is heavily invested in creating an ecosystem of … [Read more...] about Visa paving the way to an inclusive digital economy

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

According to the city Center for Disease Control and Prevention (CDC), they were reported in 26 out of the city’s 29 districts. So far this year Hanoi has reported 608 cases, or double the number in the same period last year. There have been no deaths. Thanh Nhan General Hospital in Hai Ba Trung District has been admitting around 10 patients a day and Dong Da General Hospital in Dong Da District, five to seven. The CDC said the number of cases would continue to rise in the coming weeks since it is the rainy season in the north. Since dengue is mosquito-borne, stagnant water during the rainy season in which mosquito larvae breed means the disease normally peaks then. Experts from the CDC have warned people to closely monitor their health since influenza A and Covid-19 also currently pose threats in Hanoi. The three diseases have several similar symptoms, and people should get themselves checked if they have fever of 39-40 degrees Celsius, severe headache, muscle pain, and … [Read more...] about Dengue fever incidence rises sharply in Hanoi

Truong Hai Auto Corporation (THACO), a typical successful firm in Vietnam's automobile sector, has been investing heavily in mechanics and the manufacturing of accessories. THACO leaders shared the firm’s journey to resolve the issue: increasing the localization rate or surrendering to auto imports flooding the local market. They also shared the one-stop model to help other Vietnamese enterprises cooperate to develop, thereby improving the internal power of Vietnam’s industry. THACO chairman Tran Ba Duong said at a meeting with mechanical enterprises that “you have technology and machinery. We will build factories and lease them at low prices.” “If we fail to demonstrate our commitment, you can take your machinery away. “We will not go back on our words. Only actual acts and thoughts will create values." Refreshing itself by enhancing investment Returning to Chu Lai Industrial Park in central Quang Nam Province nearly three years after Tuoi Tre (Youth) newspaper held … [Read more...] about Vietnam’s THACO and philosophy of no surrender

Lam Son, a Hanoian, first learned about the nomadic lifestyle after watching American movies depicting mobile homes parked in the middle of vast valleys. This was the source of inspiration for the Vietnamese YouTuber to set out on his first road trip in a mobile home with his family a couple of years ago. Son converted his old Mercedes Sprinter into a mobile home fully equipped with essential items for long-haul road trips. “This was originally a van. When traveling, my family members sit in the driver’s cabin full of safety equipment. We only use the renovated part on the back of the vehicle at rest stops or campgrounds,” the 35-year-old said. Since he renovated his first mobile home, the Son family has traveled to many parts of Vietnam on the vehicle, bringing exhilarating experiences to their two children. He expects the road trips will make their childhood more colorful and help them unplug from screens to fully experience van life. Lam Son's children view … [Read more...] about American movies inspire Vietnamese family to take memorable van life road trips

Illustrative photo. In these documents HoREA has asked for consideration in removing some bottlenecks and   obstacles facing 116 real estate and commercial housing projects. The obstacles are related to many legal regulations, such as the Law on Housing 2014, Law on Real Estate Business 2014, Law on Land 2013, and Law on Construction 2014. Although the People's Committee of Ho Chi Minh City has directed relevant departments, branches, districts, as well as Thu Duc City authorities to coordinate and consider proposals to resolve many pending issues, it seems that it is still very difficult to follow up on projects without amending the Laws. Shortcomings in Land Law After ten years of taking effect, the 2013 Land Law still shows many shortcomings, especially in the auction of land use rights. Regulations on the auction of land use rights are stipulated in many documents of various Laws, Government decrees, decisions of the Prime Minister, joint circulars between ministries and … [Read more...] about Laws need amending for real estate projects

Children are exposed to increased risks of online harms, especially during the outbreaks of the COVID-19 with increased screen time. (Photo: VNA) Hanoi (VNS/VNA) - The National Children's Hospital has recently received more child patients with mental illnesses attributed to the increased screen time they spent during the COVID-19 pandemic when outdoor physical social activities were limited. Doctor Ngo Anh Vinh, deputy head of the hospital's Department of Adolescent Health, said that after the COVID-19 pandemic, the number of children coming to check for mental illnesses related to social networks increased. "Many of them need treatment for social media addiction. Some children are admitted to the hospital after they have attempted suicide," Vinh said. "Currently, the World Health Organisation (WHO) considers social network addiction and game addiction as a mental illness with consequences that severely affect the child's mental and physical health and quality of … [Read more...] about Rise of screen time puts children at high risk of social media addiction

Mr. Jerome Powell, Chairman of FED Many readers are now wondering how and why the US Federal Reserve Bank (FED) miscalculated on forecasting the current global inflation. In a talk with Saigon Investment, Prof. Dr. Tran Ngoc Tho discussed this issue further. JOURNALIST: - Sir, you are one person who has studied very carefully the inflation in many countries in general and the United States in particular. Please can you give Saigon Investment readers a basic sketch as to how this situation is prevailing and to its effect on other economies. Dr. Tran Ngoc Tho: - There are many factors explaining the current rising global inflation such as broken global supply chains, warming of the jobs market, loose monetary and fiscal stimulus packages, and the recent Russia-Ukraine conflict. It is not just the FED but almost all investors and financial institutions, not only in the US but also in most economies are wrong in believing that high inflation is a thing of the past. However, if … [Read more...] about US Federal Bank caught off guard by global inflation

A plan to develop a self-reliant industry put forward by Truong Hai Auto Corporation (THACO) is winning the approval of many other Vietnamese enterprises and received positive feedback for further improvement. Doan Vo Khang Duy, deputy chairman of the Ho Chi Minh City Association of Mechanical and Electrical Enterprises (HAMEE) and director of Ameco Industrial JSC, highly appreciated THACO’s initiative, which is called the ‘one-stop’ model. Substantial synergies The model, which encourages cooperation among Vietnamese enterprises to increase Vietnamese industry’s self-reliance, has proved a success in other countries, according to Duy. It brings important synergies to businesses in terms of capital, equipment, technology, and many more by using resources and joining the ecosystem that THACO has built. It helps increase the size of the business, thereby boosting revenue. Enterprises will also be able to improve the quality and stability of their products, and overcome the … [Read more...] about Vietnamese enterprises exhilarated by synergy from cooperation plan