Hanoi (VNS/VNA) - A crowded moon cake market has caused a drop in sales for many stalls ahead of Mid-Autumn Festival. The big day is on October 1 – the 15th day of the 8th month on the lunar calendar, but the moon cake market is still quiet. Popular moon cake brands like Kinh Do, Nhu Lan, Dong Khanh, Hanoi Confectionery and Thu Huong Bakery are traded on stalls in the most crowded areas in Hanoi and HCM City. Despite an increase in discounts and promotions, fewer people are shopping at moon cake stalls than last year. Nguyen Thi Huong, the owner of a moon cake stall on Pham Van Dong Street in HCM City’s Thu Duc District has struggled this year. “I have to use a 'buy 1 get 1' board to attract customers but some just stop to see the price list. Some still buy the products but they are much fewer than ever before," she said. Le Minh Tam, who runs a moon cake stall on An Duong Vuong Street, District 5, told Tin Tuc newspaper: … [Read more...] about Moon cake market competition heats up
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Steam, Netflix do business in Vietnam without paying taxes
However, even when Steam fully fulfills its tax obligations in Vietnam, it is important to distinguish games as a conditional business line in Vietnam. Therefore, Steam still needs to comply with the provisions of Decree No. 72/2013/ND-CP (in effect) in the spirit of the draft Decree amending and supplementing a number of issues of Decree No. 72/2013/ND-CP. … [Read more...] about Steam, Netflix do business in Vietnam without paying taxes
Top leader congratulates newly-elected Secretary of General of the Lao People’s Revolutionary Party Central Committee
HÀ NỘI — General Secretary of the Communist Party of Việt Nam Central Committee and State President Nguyễn Phú Trọng has sent a message of congratulations to newly-elected Secretary of General of the Lao People’s Revolutionary Party Central Committee Thongloun Sisoulith. … [Read more...] about Top leader congratulates newly-elected Secretary of General of the Lao People’s Revolutionary Party Central Committee
PM orders democratic, fair, safe organisation of general elections
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has requested ensuring democracy, fairness, safety and thrift in the elections of deputies to the 15th National Assembly and the People’s Councils at all levels in the 2021-2026 tenure. In a directive dated January 14, PM Phuc asked the Ministry of Information and Communications (MIC) to coordinate with relevant agencies to direct news agencies to disseminate the significance and importance of the elections, the right to vote and to stand as a candidate of citizens to officials, public servants, armed forces and people from all walks of life. The Ministry of Planning and Investment should instruct the General Statistics Office to guide its provincial and municipal chapters to provide population data until December 31, 2020 to serve as a foundation to count the number of NA and People’s Council deputies at each administrative unit. The Government leader directed the Ministry of Transport and the MIC to work on specific … [Read more...] about PM orders democratic, fair, safe organisation of general elections
Increased liquidity helps VN-Index approach 1,200 points
On the Hanoi Stock Exchange, the HNX-Index added 1.44%, or 3.2 points, to end at 225.47 points, with 138 stocks winning and 65 others losing. There were more than 174.5 million shares worth nearly VND2.78 trillion changing hands, up 40% in volume and 48.28% in value compared with the previous session. … [Read more...] about Increased liquidity helps VN-Index approach 1,200 points