• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

VietNam Breaking News

News from Vietnam

  • Home
  • Politics
  • Business
  • Society
  • Entertainment
  • Sports
  • Travel
  • Tech

Financing renewable energy in developing countries

Mixed views on global minimum corporate tax rate

July 5, 2022 by bizhub.vn

A Samsung manufacturing plant in Bac Ninh Province. — Photo baophapluat.vn The Organisation for Economic Cooperation and Development (OECD) two-pillar solution has introduced a global minimum corporate tax rate (GMCT) of 15 per cent applicable from 2023, but experts have mixed positions on the tax. Nguyen Mai, chairman of the Association of Foreign Investment Enterprises, said that the GMCT would boost Viet Nam’s tax revenues and contain tax avoidance, tax evasion and price transferring in the country. This is because tax rates lower than GMCT have incentivised illegal tax practices without significantly affecting investment attractiveness. In fact, 56 per cent of foreign-invested firms in Viet Nam declared unprofitability in 2020, with a total loss of VND151 trillion (US$6.5 billion), substantially reducing the country’s tax collection. Accordingly, he urged the Government to modify tax regulations in line with the GMCT and re-negotiate with FDI investors on investment terms … [Read more...] about Mixed views on global minimum corporate tax rate

Filed Under: News global minimum corporate tax rate, Organisation for Economic Cooperation and Development, News, Organisation for..., corporate tax rates by state, corporate tax rate, uk corporation tax rate, corporate tax rates, corporation tax rate, Effective Corporate Tax Rates, national corporate tax rates, s corporate tax rate, c corporation tax rates, s corporation tax rate, u.s. corporate tax rate, corporate tax rates 2015

WHA Industrial Zone 1 in Nghe An ready to welcome tech giant Compal

July 5, 2022 by vir.com.vn

Compal’s executives paid a visit to Nghe An to explore the feasibility of investment in the locality. WHA Industrial Zone 1 - Nghe An, owned by Thailand’s WHA Group, has the potential for developing tech manufacturing activities thanks to its advantages of modern infrastructure, transport connectivity, and environmental care. WHA Industrial Zone 1 is developed with high-quality standard infrastructure and world-class facilities. The 143.5-hectare Phase 1 of WHA Industrial Zone 1 has been completed with a high occupancy rate. Meanwhile, it is on track to complete the second phase with 354.5-hectare in October. Given that Compal is looking for a 50ha manufacturing site, the second phase of WHA Industrial Zone 1 could be ideal for Compal to kickstart its new manufacturing facility in Vietnam. WHA Industrial Zone 1 in Nghe An Ever since its initiation as a PC peripheral supplier in 1984, Compal has grown to its present scale with outstanding management and solid research … [Read more...] about WHA Industrial Zone 1 in Nghe An ready to welcome tech giant Compal

Filed Under: Uncategorized WHA Industrial Zone 1 – Nghe An, compal, Nghe An, Investing, industrial zone, Khalifa Industrial Zone, industrial zones in myanmar, tech giant, industrial zoned land, industrial zones, qualified industrial zones, Free Industrial Zone, industry zone, industrial zone in maharashtra, light industrial zone, Khalifa Industrial Zone Abu Dhabi

Vietnam minister proposes making middle school free next year

July 4, 2022 by tuoitrenews.vn

Vietnamese Minister of Education and Training Nguyen Kim Son has proposed that education fees be waived for all public middle schools across the country. The education minister put forward the proposal during an online conference with central- and local-level leaders on Monday morning. Son expects that his proposal will benefit students from grade sixth to ninth starting the 2022-23 school year, which is set to begin in less than two months. He requested the education ministry’s sub-units to work with the Ministry of Finance on evaluating the impacts of the proposed tuition exemption and calculating the state budget needed for this plan. Such tuition exemption is not a new proposition of the Ministry of Education and Training. In 2016, the government assigned the ministry to coordinate with the finance ministry in drawing up a similar scheme with a specific timeline while prioritizing investments for kindergarten and elementary education. Vietnam has made elementary … [Read more...] about Vietnam minister proposes making middle school free next year

Filed Under: Uncategorized Vietnam Life - Vietnam minister proposes making middle school free next year, TTNTAG middle school, TTNTAG tuition free, second year middle school japan, second year of middle school, meerab has been teaching middle school for 22 years, middle school year, middle school year books, middle school year book, middle school worst years of my life, how to make a girl like you in middle school, how to make friends in middle school, how much do middle school teachers make, making inferences middle school, middle school the worst years of my life pdf free

Indonesia cancels giant coal-fired power project

July 4, 2022 by en.vietnamplus.vn

Jakarta (VNA) – Indonesia's state-owned electricity company PLN has axed a project to develop a coal-fired power plant as the country chases its long-delayed commitments to cut carbon dioxide emissions . PLN vice president of corporate communications Gregorius Adi Trianto confirmed that the company had canceled its plan to build the 1-gigawatt (GW) plant in Indramayu, West Java. It proactively stopped borrowing funds for the project as part of PLN's efforts to reach the country’s carbon neutral goal by 2060, Gregorius was quoted by local media as saying. The project’s termination came after Japan announced that it had canceled a plan to provide a loan worth 1.7 billion (12.55 million USD) for developing the Indramayu plant amid growing international criticism of coal power plants, a major source of greenhouse gas emissions. According to Indonesia ’s Ministry of Energy and Mineral Resources, total investment in the power sector reached 700 million USD in the first … [Read more...] about Indonesia cancels giant coal-fired power project

Filed Under: Uncategorized Indonesia, PLN, carbon dioxide emissions, coal fired power plant, Vietnam, Vietnam news, Vietnam News Agency, World, carbon dioxide..., coal fired power plant process flow diagram, coal fired power plant advantages and disadvantages, coal fired power plant process, coal fired power plants in canada, china coal fired power plants, florida coal fired power plants, coal fired power plant in the philippines, coal fired power plants in china, how coal fired power plants work, coal fired power plants under construction, how do coal fired power plants work

European businesses positive about Vietnam’s prospects for green growth

July 4, 2022 by hanoitimes.vn

The Business Climate Index is the leading indicator of the European business and investment community in Vietnam. European businesses in Vietnam expressed their positiveness about Vietnam’s prospects for green growth, according to the latest Business Climate Index (BCI) released by the European Chamber of Commerce in Vietnam (EuroCham) and YouGov Vietnam. CEOs of European businesses gather an event in Ho Chi Minh City last April. Photo: EuroCham According to the BCI, nearly 80% of participants said their assessment of Vietnam’s green development potential improved from the first quarter of this year. About 44% of the respondents have good and excellent outlook regarding the potential for Vietnam’s green and sustainable development. Regarding the link between green growth and foreign-direct investment (FDI), nearly 90% of the respondents believed Vietnam should accelerate green sector development to attract more foreign investment. EuroCham Chairman Alain … [Read more...] about European businesses positive about Vietnam’s prospects for green growth

Filed Under: Uncategorized BCI, european businesses, FDI, Vietnam's economy, European Global Positioning System, Green growth and sustainable development, Green Growth, green growth on siding, green growth investments, green growth landscape, green growth on roof shingles, european business awards, european business, Green Growth Strategy, business position

Vietnam to solidify macro-economic stability: PM

July 4, 2022 by hanoitimes.vn

Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. The Vietnamese Government would stay focused on stabilizing macro-economic conditions, containing inflation, and keeping all major balances intact. Overview of the meeting. Source: VGP Prime Minister Pham Minh Chinh gave his conclusion at the monthly Government meeting held today [July 4]. According to Chinh, Vietnam’s economy has performed well amid a difficult global environment in the first six months of the year. Chinh highlighted the GDP growth of 7.72% in the second quarter, the highest second-quarter growth since 2011, and the six-month GDP growth of 6.42%. Such  half-year growth rate is even higher than the pre-pandemic one. (6.38% in the 2016-2019 period). In this context, 44 out of 63 provinces/cities posted economic growth of over 6%, which showed a consistent recovery level among localities, he said. Other positive factors include … [Read more...] about Vietnam to solidify macro-economic stability: PM

Filed Under: Uncategorized vietnam pham minh chinh, vietnam prime minister gdp, vietnam economic growth, economics today the macro view, economics today the macro view 17th edition pdf, economics today the macro view pdf, stability economics, stability in economics, economics today macro view, stabilization economics, distinguish between micro and macro economics, macro and micro economic, explain micro and macro economics

Primary Sidebar

RSS Recent Stories

  • Bamboo handicraft of Tay ethnic minority people in Quang Trong
  • Signal Station A69’s fallen troops commemorated
  • Vietnam wins high prizes at the international photo contest
  • Pacific Rim trade deal boosts Vietnam’s economy
  • Tien Giang’s export turnover up 18.5% in H1
  • Cabinet meeting looks into socio-economic situation

Sponsored Links

  • Major crash led to suspension of its Tesla Model 3 by taxi company
  • After Tesla, SpaceX workers come forward to speak on sexual harassment
  • Wi-Fi range extender to strengthen network coverage and internet speeds
  • apple: How to capture screenshot on Apple iPhone just by tapping back panel
  • EU Parliament backs tough new rules to rein in US tech giants
  • Carville: ‘Strap in People’ — January 6 Probe Will Expose Trump Was Behind a ‘Massive Criminal Act’
  • Warren: SCOTUS ‘Has Lost the Respect of the American People’ — We Need More Justices
  • Summers: Combatting Inflation Will ‘Require Substantially More’ Than What Fed Is Doing
  • Bratton: Lax District Attorneys, ‘Most of Them Funded by George Soros’ ‘Are Destroying the Criminal Justice System’
  • WATCH: Sheriff’s Deputies in Maryland Rescue Woman from Frigid Waters
Copyright © 2022 VietNam Breaking News. Power by Wordpress.
Home - About Us - Contact Us - Disclaimers - DMCA - Privacy Policy - Submit your story