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He expressed his wish that the children continue to follow the five teachings by President Ho Chi Minh, respect grandparents and parents and teachers, help those in disadvantaged circumstances, and study well in order to contribute to building the country when they grow up. … [Read more...] about Top leader shares children’s Mid-Autumn Festival joy

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

Hanoi (VNA) – Vietnam’s garment-textile sector sets a target of 39 billion USD in export revenue this year, equal to that of 2019, according to the Vietnam National Textile and Garment Group (Vinatex). Last year, due to impacts of the COVID-19 pandemic, the US-China trade tensions, the trade protectionism and the Brexit, Vietnam’s garment-textile exports reached only 35 billion USD. However, the result is still remarkable given the global demand dropping over 22 percent. In 2020, Vietnam was the only among the world’s top five garment-textile exporters not to have to cease production. Vinatex recorded total revenue of 15.5 trillion VND (670.7 million USD) and combined profits of 628.9 billion VND, equal to 106 percent and 164.8 percent of the set targets, respectively. Vinatex Chairman Le Tien Truong suggested the Government cut long-term interest rates, elaborating that garment-textile firms would find it hard to access loans after a year of low business … [Read more...] about Garment-textile sector eyes 39 billion USD in export turnover

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

State-owned banks recorded mixed results. Of Vietnam’s three biggest lenders by assets, CTG of VietinBank added 0.9 percent, BID of BIDV kept its opening price and VCB of Vietcombank shed 0.7 percent. MBB of mid-sized Military Bank climbed 1.3 percent. … [Read more...] about VN-Index sees biggest foreign net sell in eight months