HCM City (VNS/VNA) - Officers tasked with preventing fake goods, trade fraud and smuggling in Ho Chi Minh City and southern border provinces have been forced to work hard ahead of Tet (Lunar New Year), which falls on February 12 this year. Last week, the HCM City customs department discovered 14 steel containers that consignee V.V Steel Company described wrongly to evade tax. The company, in Long An province’s Duc Hoa district, made a declaration that would have allowed it to enjoy 0 percent tax instead of the 10-15 percent it had to pay, equivalent to 1 billion VND (43,000 USD). Now, besides the tax it will also have to pay a penalty of 20 percent of the amount. Smuggling and trade fraud are becoming increasingly sophisticated. Truong Van Ba, Director of the HCM City Market Surveillance Department, said last year 25,538 violations had been discovered involving loss of tax revenues of 5.8 trillion VND. Competent agencies filed charges in 113 cases. … [Read more...] about HCM City, southern provinces step up efforts against fake goods
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The main products it planned to focus on would be edible oil, ice cream and snacks in the mid- and high-priced categories, which offer high margins. … [Read more...] about KIDO Group has reported growth of nearly 48 per cent in net profit to VNĐ418 billion (US$18.2 million) for 2020.
The cooperation will offer welfare services for 1,600 enterprises with nearly 400,000 workers. Under the MoU, the Era Group on January 22 opened the first EraMart Welfare Supermarket at Linh Trung 1 Export Processing Zone in the city’s Thu Duc city. All goods at the supermarket are sold at affordable prices, and with many promotions for workers. It expects to open 18 similar supermarkets at 18 export processing zones and industrial parks in the city. SmartPay provides preferential offers and promotions to members of HBA, the first of which will be in the Linh Trung 1 Export Processing Zone. It will promote a digital experience when buying goods at the ERA Mart welfare supermarket. “We will provide a better money value through our incentives and promotions, which will make SmartPay the most convenient, safe and affordable way to pay,” Marek E. Forysiak, chairman of SmartPay, said. This … [Read more...] about HBA, E-wallet SmartPay, Era Group offer new ‘welfare supermarkets’ for workers
Speaking on condition of anonymity, the source said the agreement between the city Management Authority for Urban Railways (MAUR) and the contractors, Civil Engineering Construction Corporation No. 6 (Cienco 6) and Japan's Sumitomo Corporation, requires them to use a certain quality of elastomeric laminated bearings pads, which are reinforced steel plates sandwiched between layers of rubber. … [Read more...] about Steel used in HCMC metro beam support falls short of contracted quality: source
Vietnam had the highest number of adult gamers in the world in 2020. Ninety-four percent of participants said they gamed at least occasionally while nearly 20 percent said they were frequent gamers, according to a survey released by German data portal Statista late last year. … [Read more...] about Vietnamese audiences dominate global esports viewership