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This year, the Tax Department will continue to review, analyze inspection data and examine a number of organizations and individuals that run ecommerce businesses in the capital city. The department, in coordination with commercial banks and trading platforms will collect data and instruct ecommerce operators to fulfil their tax obligations. … [Read more...] about Hanoian girl pays over VND23 billion in income taxes on app development

Hanoi (VNA) - The Viettel Posts Joint Stock Corporation (Viettel Post) has opened an automatic logistics centre at District No.12, Ho Chi Minh City. The event marked a new development of Viettel Post in shifting from a post and delivery corporation to a logistics one, in an effort to become a leading technology-based logistics enterprise in Vietnam by 2025, the Quan doi Nhan dan (People’s Army) newspaper reported. Addressing the event, Director of Viettel Post Tran Trung Hung informed that in Vietnam, foreign logistics enterprises are currently controlling 80 percent of the market share. He suggested that domestic logistics companies should invest more in modern technology so as to enhance its competitiveness at home and in the international arena. He stressed, the establishment of the most modern logistics centre of Viettel Post in the South of the country aims not only to expand Viettel Post’s business in the South but also to contribute to building national logistics … [Read more...] about Viettel Post opens automatic logistics centre in HCM City

Hanoi (VNA) – The US’s experience in environmental management and air quality control in Vietnam were touched upon at a seminar in Hanoi on January 25. The event, themed “Solving the air quality crisis: from the US to Vietnam,” was jointly held by the US Agency for International Development (USAID), the environmental protection agency under the Hanoi Department of Natural Resources and Environment, and Live & Learn Centre. Dr. Le Bich Thuy from the Hanoi University of Science and Technology pointed out the harmful impact of air pollution on human health and life, and called for joint efforts to find suitable measures to tackle the problem. Le Thanh Thuy, from the environmental protection agency, said given environmental challenges, Hanoi has increased investments in waste control and treatment. Eric Wolvovsky, an expert from the US Bureau of Ocean Energy Management, introduced the US’s adequate and strict policies and laws on environmental … [Read more...] about US shares experience in environmental management

Hanoi (VNA) - The Hoa Lac Hi-Tech Park in Hanoi has attracted 93 investment projects with registered capital of more than 90.25 trillion VND (3.9 billion USD) so far, including more than 7.95 trillion VND in investment approved last year, the Ministry of Science and Technology has said. Of particular note, several outstanding hi-tech products have been developed and manufactured at the park, including 5G smartphones and 5G network equipment made by Vinsmart in cooperation with Qualcomm, marine radars using 4G and 5G technology made by Viettel, and aircraft engine components and hi-tech cutting tools for the aerospace industry made by Hanwha. At a recent conference of the park’s management board, Minister of Science and Technology Huynh Thanh Dat highlighted the Party and Government’s policy of building it into a science and technology city and a smart ecosystem for science-technology development, to contribute to national development. To promote its development, he asked … [Read more...] about 3.9 bln USD channelled into Hoa Lac Hi-Tech Park

According to a report released on December 27 by the General Statistics Office, Vietnam’s GDP grew 2.91% in 2020 compared to 2019, which puts it in the group of countries with the highest growth worldwide. The result was attributed to the Party and Government’s determination and consistency in realising the twin targets of both containing the pandemic and developing the economy. … [Read more...] about Vietnam – Land of bliss