Customs officers in HCM City have seized 250 iPhone XS and XS Max illegally brought to Vietnam. Customs officers in HCM City have seized 250 iPhones The iPhones were brought in by four US nationals on US-Vietnam flights. They were unable to provide the required papers when asked. The 250 iPhones worth nearly VND7bn (USD300,000). Tran Ngoc Anh, vice head of the Customs Branch of Tan Son Nhat Airport, said that imported mobile phones needed to be declared at customs. "If passengers bring more than two mobile phones that worth more than VND20m (USD857) then they must pay tax and register customs declaration of quality. Or else they will be fined and the goods will be re-exported out of Vietnam," he said. After Apple released their new iPhones, the risk of smuggling to Vietnam is high. In order to prevent new iPhone smuggling, the customs at Tan Son Nhat Airport said they had applied several measures to detect smuggled goods. The authorities are investigating the sources of the … [Read more...] about Customs intercept smuggled new iPhones
ADB cites international trade friction concerns over Vietnam growth
Vietnam’s economy continued to perform strongly in the first half of 2018, although external and domestic challenges could affect the country’s growth outlook for this year and next, says a new Asian Development Bank (ADB) report. Eric Sidgwick, ADB Country Director for Vietnam announces the Asian Development Outlook 2018 update on September 26 In an update of its annual economic publication, the Asian Development Outlook (ADO) 2018, the ADB forecasted Vietnam’s economic growth at 6.9% for 2018, slightly lower than 7.1% projected in April as exports, agriculture, construction, and mining are expected to moderate in the second half of the year. ADB retained its 2019 growth forecast for Vietnam at 6.8%. “The economic performance was broad-based, driven by vigorous manufacturing expansion, bumper agriculture production, robust performance of services sector, resilient domestic consumption, and strong investment fuelled by FDI and domestic … [Read more...] about ADB cites international trade friction concerns over Vietnam growth
It’s All Greek to Me at Equatorial Hotel
Traditional Greek didhes are on offer at the Greek food feast.—VNS Photo Get ready for Hotel Equatorial’s Greek dining feast with celebrity chef George Diakomichalis of the television show “It’s All Greek to Me”. The Greek food feast, held at the hotel’s Chit Chat at the Café, offers guests the opportunity to experience some of the finest Greek dishes with wine. Enjoy traditional Greek dishes including khoriatiki country salads, souvlaki grilled meat skewers, spanakopita baked feta pastries, stifado beef stew, prawn saganaki, kokkinista meatballs and mousakka, before tucking into some of the country’s famous desserts. The sumptuous buffet dinner is priced at VNĐ878,000++ per adult, including free flowing house wine, beer and soft drinks, and is complimentary for children below six years old. The special food event runs between September 28 and October 7. Hotel Equatorial is located at 242 Trần Bình Trọng Street in … [Read more...] about It’s All Greek to Me at Equatorial Hotel
Top 50 IT firms of Vietnam earn about US$16.69 billion in revenue
VINASA publicises the list of Vietnam’s 50 Leading IT Companies in 2018 - Photo: VGP VINASA has recently announced the list of Vietnam’s 50 Leading IT Companies in 2018. The list is the result of a voting program that aims to honor and connect Vietnamese IT firms with potential domestic and foreign partners. A number of these firms are taking the lead in the IT sector, such as Viettel, FPT Software, CMC, MISA, and VNG, among others. According to the organizers, amid new global technology trends and the fourth Industrial Revolution, this year’s voting program prioritises businesses operating the fields of AI, Internet of Things, Big Data, and Blockchain, etc... Aside from the list announcement, VINASA also published a book on Vietnam’s 50 Leading IT Companies 2018, which will be used to introduce the country’s IT sector at many major IT exhibitions and events both at home and abroad. The voting on the top 50 IT companies in Vietnam was first organized in … [Read more...] about Top 50 IT firms of Vietnam earn about US$16.69 billion in revenue
Indian naval ship to visit Vietnam
The Hanoitimes - This ship visit forms part of the Indian Navy’s ongoing operational deployment of its ships to Southeast Asia and North West Pacific region. Indian Naval Ship Ins Rana is scheduled to make a port call at Nha Rong Port, Ho Chi Minh City from September 27 to 30, 2018. Besides professional interaction between personnel of both the navies, the program will include official calls and interaction with dignitaries of the Vietnamese government. Indian naval ship to visit Vietnam. Guided tours for Indian Naval personnel and sports events between both navies are also planned. The local populace will get opportunity to visit the Indian ship. On its way out, Indian Navy and Vietnam Peoples’ Navy will undertake passage exercise (PASSEX). Bilateral relations between India and Vietnam have been traditionally strong with cultural, religious and economic ties dating back to 2nd Century AD. India - Vietnam relations have been strengthened in recent years due to … [Read more...] about Indian naval ship to visit Vietnam