Lee Jong Hyuck, deputy CEO of Shinhan Bank Vietnam, receives the ‘Best Company to Work for in Asia’ award at a ceremony in HCM City on August 11. — Photo courtesy of the company Shinhan Bank has won the ‘Best Companies to Work for in Asia’ award in Vietnam from HR Asia Magazine for a fourth straight year. The awards were based on an employee satisfaction survey, an in-depth assessments with executives of companies to better understand HR policies, recruitment, employment information and strategic points to build a good workplace, and independent information acquired in the media and interviews with industry experts. The judges praised the bank for its efforts to create an ideal working environment and its capacity to adapt to the problems brought by the COVID-19 outbreak, particularly during the peak period in 2021. The bank rapidly developed a business continuity plan led by senior personnel, utilising digital transformation technology to ensure business and operational … [Read more...] about Shinhan Bank wins ‘Best companies to Work for in Asia’ award for 4th time
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Hanoi has new transportation and logistics center
The center will provide logistics and e-commerce services in the capital city and the northern region of Vietnam. A transportation and logistics center and a cross belt automatic sorting system were launched by Vietnam Post on August 15 in Me Linh District, on the outskirts of Hanoi. Vietnam Post's cross belt automatic sorting system. Photo: Vietnam Post The 28,000 m2 center is expected to facilitate goods circulation as well as international mail and postal shipment exchange for 21 northern provinces and cities. This is an important infrastructure in providing logistics and e-commerce services in the Northern region and Hanoi, meeting the needs of Vietnam Post, the Vietnamese postal service provider, and the diverse requirements of customers in the context of the growing e-commerce scene. The cross belt automatic sorting system at the center ha s a capacity of more than 24,000 packages per hour. With the application of artificial intelligence, the … [Read more...] about Hanoi has new transportation and logistics center
Vietnam to tighten management, increase supervision to prevent tax loss
Nowadays online shopping becomes more popular than in-store shopping The new Law on Tax Administration which took effect in mid-2020 has added regulations on the responsibilities of relevant ministries including the Ministry of Industry and Trade, the Ministry of Information and Communications, the Ministry of Finance, and the State Bank of Vietnam in tax administration for e-commerce business activities. Plus, the Decree No. 126/2020 also details e-commerce business for individuals. Accordingly, if an organization does business with an individual, the individual does not directly declare tax, but the organization is responsible for declaring VAT on the entire revenue of business cooperation activities, regardless of the form of business cooperation results. At the same time, the organization declares and pays personal income tax on behalf of the individual. Accordingly, with this provision, local businesses which cooperate with a foreign party shall pay tax on behalf of the … [Read more...] about Vietnam to tighten management, increase supervision to prevent tax loss
Hanoians happy to spend big bucks on pet day care
When Vu Ngoc Minh Ha and her husband leave home in Tay Ho District at 7 a.m. for work, they take their samoyed dog named Xe Dap (Bicycle) with them and drop him off at a doggy day care on nearby Dang Thai Mai Street. They pick him up on their way home in the evening. For the past three years Ha, 27, has been entrusting Xe Dap to the center from Monday to Friday every week. "We don't want to leave our dog at home alone because we are afraid he will be lonely without anyone to play with or destroy furniture," she says. While the monthly fee is high enough at VND4 million, the couple pay extra for him to be fed extra meals and given spa treatments and other services. They typically spend VND10-12 million (US$427-512.89) on the animal each month. Bicycle (white with a red scarf) plays with other dogs at a dog day care on Dang Thai Mai Street in Hanoi's Tay Ho district in early 2022. Photo courtesy of Ha Day care services for pets work similarly to children’s … [Read more...] about Hanoians happy to spend big bucks on pet day care
Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Strategically located on a 4.17ha land plot in Minh Quang Industrial Park, My Hao commune, Hung Yen province , the project is easily accessible to the National Highway No.5A, Haiphong Port, and Noi Bai International Airport, facilitating the import and export of goods. This location is also close to successful industrial parks in Pho Noi and Yen My districts, Hung Yen. Upon completion by the first quarter of 2023, VLI Hung Yen will feature 29,000 square metres of Grade A warehouses with modern standards. At the groundbreaking ceremony, Alex Lin, co-founder of Skymont Capital said, “VLI Hung Yen marks a new milestone for us in the Vietnamese industrial warehouse market, representing our commitment to our investors, partners, customers, and local authorities in developing world-class industrial warehouses in Vietnam.” The future VLI Hung Yen This company has also officially appointed CBRE Vietnam to become the exclusive marketing and leasing consultant … [Read more...] about Vietlog Industrial breaks ground on flagship warehouse in Hung Yen
Emirates recruits cabin crew in HCM City
Emirates' cabin crew. The airline is looking for candidates to join its multinational cabin crew team with assessment days in HCM City on August 20. — Photo courtesy of the airline Emirates, the world’s largest international airline, is looking for candidates to join its multinational cabin crew team with assessment days planned in HCM City on August 20. The Dubai-based airline is looking for individuals who are passionate about delivering simple yet personalised and impeccable hospitality while creating memorable moments for customers. Safety being one of Emirates’ highest priorities, the ideal candidate will lead confidently and take control when it comes to managing aircraft services, security, and safety procedures. All Emirates crew will receive a world-class learning experience at the airline’s state-of-the-art facility in Dubai. Applicants hoping to give their careers an epic take-off are required to submit an on-line application with up-to-date resume in English, … [Read more...] about Emirates recruits cabin crew in HCM City