E commerce enablers definition

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

Rice fields in Cao Lanh district of the Mekong Delta province of Dong Thap province. (Photo: VNA) HCM City (VNS/VNA) - The Mekong Delta is expected to have less flooding than normal this year, according to the Directorate of Water Resources. The delta, the country largest producer of rice, fruits and seafood, is normally flooded in the Mekong’s upstream areas, and this fertilises the soil as sediments are deposited and brings river creatures into farms. The floods are expected to peak at 3.5-3.7m at the Tan Chau Station in An Giang province in October, the directorate said. They are estimated to reach 3 metres by the end of this month, but will not affect the cultivation the autumn-winter crop. However, the high tides are expected to be high this year and flood low-lying areas in the delta’s central and coastal areas, especially when the tides occur at the same time as heavy rains. The flooding is now low and does not affect agriculture production or daily life. … [Read more...] about Mekong Delta floods to be below normal this year: authorities

Ninh Thuan medical vocational school and Japan's Genki Group sign an agreement to enhance cooperation in training Vietnamese workforce in health care, social welfare and education (Photo: VNA) Ninh Thuan (VNA) – A medical vocational school in the south-central province of Ninh Thuan on August 15 signed an agreement with Japan’s Genki Group to enhance cooperation in training Vietnamese workforce in health care , social welfare and education. Under the deal, the Ninh Thuan medical vocational school and Genki Group are committed to coordinating in events, programmes and projects on training, scientific research and technology transfer for the development of higher education. Together the two sides will explore and carry out programmes and research projects on health care and social welfare; and provide training and apprenticeship opportunities for Vietnamese students. Genki Group will offer free training courses in Japan for students from the Ninh Thuan medical … [Read more...] about Japanese group helps Ninh Thuan train medical students

Editor’s note: Jordy Comes Alive, from the U.S., has lived in Ho Chi Minh City for three years and become a big fan of local food after spending time wandering around local alleys and markets to discover the culinary scene. His piece has been titled, subtitled, and edited by Tuoi Tre News . I’ve noticed people can get a little jumpy when you talk about eating frogs. Not me though, I always leap at the opportunity. When it comes to eating frog, I’m mainly familiar with it being batter-fried like chicken. Truth be told and I know this sounds strange to some but I honestly prefer fried frog over fried chicken on any given day. Enjoying fried frog is the same kind of eating sensation as with fried chicken, only the meat has a cleaner taste (sans the flavor of fowl), and the white frog flesh is juicy with a buttery finish. 'Water chicken,' as funny as the term is, croaks partially true. I started thinking maybe it’s time I paddle my way to other ponds to broaden my … [Read more...] about ‘Ech’ an unFROGgettable experience in Ho Chi Minh City

Techcombank managers share information about Techcombank Aspire, a financial brand targeting the Why Not? Generation at a ceremony in HCM City on August 15. — VNS Photo Vietnam Technological and Commercial Joint Stock Bank (Techcombank) has launched Techcombank Aspire, the first financial brand dedicated to the ‘Why Not?’ Generation of customers. According to Techcombank, the Why Not? Generation is a young population that believes in the future, is ambitious and often asks the question now appended to its name to overcome self-limitations and the pressure of family expectations to assert itself in the way it wants. Darren Buckley, head of retail banking at Techcombank, said: “We always strive to pioneer a simple, intuitive banking experience with features that help customers actively manage and grow their assets easily and seamlessly. Techcombank Aspire is tailored to meet the needs of users at all stages. We do not advise young people 'doing this way you will save more money'; … [Read more...] about Techcombank Aspire targeting Why Not? Generation launched

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