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The high petrol prices have hindered economic recovery. (Photo: SGGP) Thus, along with the solution to cut the environmental protection tax rate for gasoline, oil, and grease products to the floor level in the tax bracket until December 31, 2022, and the solution to reduce the MFN tax rate, the MoF has continued to put forward more tax cuts to help lower gasoline and oil prices. Up to now, the MoF has proposed to reduce four types of taxes on this essential product. According to the MoF, it is crucial to slash the MFN tax rate to 12 percent for gasoline to diversify petroleum supply to avoid being passive by depending on import sources from South Korea and the ASEAN only. Besides, people and businesses will directly benefit from tax reductions on gasoline and oil products, thereby contributing to directly reducing consumers’ expenses as well as indirect costs from other consumer products. Previously, because petrol and oil prices have continuously climbed and are currently … [Read more...] about MoF proposes reductions for four types of taxes on petroleum products

Illustrative image (Source: VNA) Khanh Hoa (VNA) – The Forest Protection Department under the Ministry of Agriculture and Rural Development , in collaboration with the United States Forest Service (USFS), held a workshop on building a law enforcement curriculum for forest rangers in Vietnam on June 30 in the central province of Khanh Hoa. Speaking at the workshop, Nguyen Quoc Hieu, Deputy Director of the Forest Protection Department , said that the event is an important demonstration of progress in cooperation between the department and the USFS to jointly develop a standardised training programme in law enforcement for Vietnam ese rangers. Cooperation focuses on the building of professional training plans, programmes and documents, capacity training, and training courses to guide the implementation of legislation in the forestry sector. According to the department, in April 2019 in Washington D.C, the US Department of Agriculture and the Vietnam Administration of … [Read more...] about US supports law enforcement training for Vietnamese forest rangers

Green agriculture is a closed production process through applying scientific and technical advances, biotechnology and physicochemical technology. Green agriculture is a sustainable direction that Hanoi has been making effort to develop, according to Deputy Director of the municipal Department of Agriculture and Rural Development Nguyen Manh Phuong. Green agriculture is an inevitable orientation of modern agriculture, Phuong said, adding that Hanoi has recently switched more than 40,227 hectares of rice land to new agricultural production models. Besides, developing green agriculture also helps to raise people's awareness on environment protection, reduce greenhouse gas emissions and pollution, the deputy director stressed. Rice cultivation by modern method brings high efficiency in Hanoi outskirt district of Ung Hoa. Photo: Ngoc Anh Head of the Ung Hoa District Economic Division Pham Van Hoach said that in nearly 20 years of implementing green … [Read more...] about Hanoi develops green agriculture

In her remarks, Ambassador Nguyen Phuong Tra, Charge d'affaires a.i. of Vietnam to the U.N., pointed out that while the COVID-19 pandemic continues to threaten peace and development efforts, conflicts in many regions have led to heavy casualties and growing humanitarian challenges. She held that the international community should give high priority to ensuring compliance with international laws and the U.N. Charter. She also underlined the role of multilateralism and multilateral mechanisms with the U.N. at their center. To promote a ceasefire, it is necessary to boost compliance with Resolutions 2532 and 2565, and relevant resolutions of the U.N. Security Council, Tra said, suggesting a framework be set up to effectively monitor ceasefire agreements in conflict-hit regions. Highlighting Vietnam’s efforts to promote the U.N. Security Council’s adoption of Resolution 2573 on the protection of critical civilian infrastructure in armed conflicts, the ambassador said this issue as … [Read more...] about Vietnam reaffirms support for U.N. Secretary-General’s appeal for global ceasefire

The investor Madison Land shared that the project topped out on schedule and delivered the committed construction quality by the contractors: Dong Duong Construction Investment JSC, Viteccons Construction Investment JSC, and a private unit project management Synergy Consultancy Corporation. The project is sponsored by leading state lender Vietinbank. Representatives at Dhawa Ho Tram Hotel’s topping out ceremony It took precisely one year from the construction started during the pandemic until the Dhawa Ho Tram Hotel has been completed. Phuong Dang, CEO of Madison Land Co., Ltd. asserted, “These efforts showcase our commitment to bring the best quality products to customers in the shortest time.” Phuong added that the Dhawa Hotel's construction started right at the peak of the pandemic and has put Madison Land and its partners in front of various challenges in terms of human resources, raw materials, and supply chain disruption. "Nevertheless, thanks to the … [Read more...] about Dhawa Ho Tram Hotel topped out on schedule

The Renewable Energy in Sustainable Industrial Parks conference was organised by the Haiphong Economic Zone Management Board in collaboration with the Embassy of the UK, the nation's Chamber of Commerce and Industry, and Star Do Group. Head of the Haiphong Economic Zone Management Board Le Trung Kien asserted the green development demand of Haiphong city and its industrial parks and economic zones. Photo: Thanh Son Attendees at the conference were Harry Rawicz-Szczerbo, head of the Trade and Investment Department at the UK Embassy; Le Trung Kien, member of the city Party Committee's Standing Board and head of the Haiphong Economic Zone Authority; Mark Shorrock, chairman of Shire Oak International; Nguyen Thanh Phuong, CEO of Sao Do Group; and representatives of Haiphong's departments and agencies, investors, and businesses. Mark Shorrock, chairman of Shire Oak International, talked about the renewable energy demand of businesses in the RE100 group. Photo: Thu … [Read more...] about Haiphong promotes renewable energy investment in industrial parks