The Taiwanese electronics contract manufacturer has so far invested $1.5 billion in Vietnam and created jobs for more than 35,000 workers and the company, formally known as the Hon Hai Precision Industry Co., plans to raise its investment by $700 million and recruit 10,000 more local workers this year, the government said. … [Read more...] about Foxconn unit receives business license for $270 mln Vietnam plant
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General Department of Taxation accelerates collection from cross-border platforms
While previously, individuals were responsible for registering and declaring tax on their own. However, with the system's spectacular failure, the latest Decree No.126/2020/ND-CP guiding the Law on Tax Administration, the authorised partners of Google and Facebook have to register and declare tax on their behalf. … [Read more...] about General Department of Taxation accelerates collection from cross-border platforms
Long-term development commitments realised through strategic M&A moves
“Generally, all foreign investors regardless of corporate or financial investors look for the same thing: supporting their investee to grow, adding value and synergies to their portfolio of investments, and strengthening and generating financial returns,” he said. “For most Thai buyers, our general observation is that they do understand the general business practices in an emerging country like Vietnam, as most of their countries underwent the same business trajectory before.” … [Read more...] about Long-term development commitments realised through strategic M&A moves
Da Nang students create robot that collects trash, answers tourist queries
When they took Biya to the final round of a competition for creative ideas for oceans without plastic, organized by UNESCO (the United Nations Educational, Scientific and Cultural Organization) last December, Storm only had a low-cost Biya version with the cover made of carton paper. … [Read more...] about Da Nang students create robot that collects trash, answers tourist queries
Vietnam’s internet environment ranked 32nd in the world
Google reveals what Vietnamese searched for in 2016 Vietnam among 10 countries most exposed to hacking risk, report warns A new index that measures a country's internet for its availability, affordability, relevance of content and public access has found that Vietnam is doing better than more than half of the world. … [Read more...] about Vietnam’s internet environment ranked 32nd in the world
