Are lawsuit settlements taxable income

A group from the HUST spent a month during Hanoi’s social distancing period to research and design BK-Vent, a ventilator which has breathing support functions for Covid-19 patients that meet standards set by the Health Ministry and the Association for Advancing Safety in Health Technology. The most basic principle of this ventilator is that the machine supplies air containing oxygen to patients’ lungs, because Covid-19 patients have trouble breathing. … [Read more...] about VIETNAM NEWS JANUARY 12

Nguyen Thi Le, Deputy Secretary of the Ho Chi Minh City Party Committee, takes part in the walk Nguyen Thi Le, Deputy Secretary of the Ho Chi Minh City Party Committee; Le Hoa Binh, Deputy Chairman of the city People’s Committee; To Thi Bich Chau, Chairwoman of the Vietnam Fatherland Front Committee in the city and more than 1,500 employees of state organizations, students and people from all walks of life took part in the charity walk. … [Read more...] about VIETNAM NEWS JANUARY 13

This platform has subsidized Vietnam since 2017, so the game price could be at least half cheaper. Previously, games sold on Steam were calculated at USD rates, with US tax (up to 30%). After the price is converted to the VND, games on Steam are sold at least half the price when paying by international credit card by users with a location in Vietnam. As a result, Vietnamese traffic currently accounts for 0.3% of Steam's total bandwidth, only 0.1% to 0.2% lower than regional countries such as Malaysia, the Philippines or Indonesia. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes

A citizen has been fined VNĐ90 million (US$4,000) for trading a $100 banknote at a jewellery shop. -- Photo laodong.vnViet Nam News CẦN THƠ – Police in the southern city of Cần Thơ plan to propose less harsh punishments on foreign currency exchanges at unlicensed organisations after a citizen was fined VNĐ90 million (US$4,000) for trading a $100 banknote at a local jewellery shop. … [Read more...] about Man fined $4,000 for exchange of $100

Total revenue of 19 Stated-owned enterprises reached over 767 trillion VND (33.26 billion USD), equivalent to 87.36 percent of the yearly target and 85.72 percent of the result in 2019. Their pre-tax profit was estimated at over 21 trillion VND, while the State budget payment of 17 out of the 19 enterprises hit over 56 trillion VND, equivalent to 112 percent of the goal for 2020 and 79.3 percent compared to that in 2019. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 13