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In Vietnam, online vendors seek ways to avoid taxes

August 8, 2022 by tuoitrenews.vn

After Vietnam's tax authorities enhanced the collection of taxes from traders on digital platforms, including social networks and e-commerce sites, many traders are seeking ways to avoid paying them or pass the buck to buyers. Shopping on websites, e-commerce platforms, and social networks is a national trend. E-commerce has boomed in Vietnam with revenue of some US$13.7 billion in 2021. The figure is forecast to reach $39 billion by 2025. However, the tax revenue from this sector has not risen commensurately its growth. Multiple tricks to avoid taxes Minh Thu, living in Thu Duc City, a district-level city in Ho Chi Minh City, said after ordering a pair of shoes from an online trader on Facebook, she was surprised as the trader announced that from August 1, customers must make payments in advance and the trader will not offer the cash-on-delivery (COD) service as earlier. Money transfer descriptions must not include the words 'buy' or 'sell,' but Facebook or Zalo … [Read more...] about In Vietnam, online vendors seek ways to avoid taxes

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UKVFTA to accelerate Viet Nam’s institutional reform

August 9, 2022 by bizhub.vn

Inside a clean clam processing line of Lenger Seafoods Vietnam. The company exports products to markets in the EU, the UK, Japan, the US, and South Korea. — Photo courtesy of Lenger Seafoods Vietnam To provide a more favourable playground for enterprises to strengthen and access international markets, Viet Nam is on a path to boost institutional improvement. And it is believed that the United Kingdom-Vietnam Free Trade Agreement (UKVFTA) is accelerating the process, said experts. As Viet Nam has signed many new free trade agreements (FTAs) with countries or regions that require more stringent standards not only on quality but also on production processes, it is crucial for local enterprises to quickly adapt to new rules. Therefore, the Government has to make changes to relevant policies to support them. The reform is building a favourable business environment, reducing transaction expenses for enterprises, especially small and medium enterprises, and attracting quality … [Read more...] about UKVFTA to accelerate Viet Nam’s institutional reform

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RoK’s well-known rock band to perform in HCMC

August 8, 2022 by en.qdnd.vn

Biuret, a famous rock band from the Republic of Korea (RoK) will give a solo performance at Rock It and Hifi Saigon restaurant in pricinct 1, Ho Chi Minh City on March 19 th , on its tour of Vietnam . The band was established in 2002 by Hye Won Moon, the lead singer and composer. He is joined by other two members, Jai Hyun Ahn and Gyo Won Lee. Biuret’s first album, released in 2005, won warm response from music lovers in the RoK. The band has so far performed over 600 live shows both at home and abroad. In 2009, Biuret received the Sutasi Award, which was created to seek new music talents in Asia . Source: TPO Translated by Vu Hung … [Read more...] about RoK’s well-known rock band to perform in HCMC

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Vietnam’s conical hat is among top 15 traditional costumes

August 8, 2022 by en.qdnd.vn

PANO - The Rough Guides magazine has ranked the conical hat of Vietnam one of the Top 15 most impressive traditional costumes in the world. Vietnam's conical hats According to this UK magazine, Vietnam has many typical traditional costumes which need to be preserved. Some costumes able to be found in the North include the H’Mong ethnic minority group’s brocade one or the Red Dao ethnic minority group’s costume with the domination of the red color. However, the most impressive thing that any tourists can see anywhere throughout Vietnam is conical hat, especially Hue city’s conical hat with poems written inside which shimmeringly shine in the sunlight . Translated by Chung Anh … [Read more...] about Vietnam’s conical hat is among top 15 traditional costumes

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Spain accepts new Vietnamese passports

August 8, 2022 by dtinews.vn

Spain has finally accepted Vietnam’s new-style passports after rejection due to their missing place-of-birth information. A new Vietnamese passport The Spanish Embassy in Vietnam on August 8 issued a notice saying that they would officially recognise Vietnam’s new-style passports after finalising mandatory technical consultations with competent central agencies in Spain. "From August 8, the embassy will accept applications for visas from holders of Vietnamese new passports," the embassy said in the notice. "However, since stating the information about the place of birth is a mandatory requirement to obtain a Schengen visa, applicants holding the new passports must submit a valid National Identity Card/ID to prove their place of birth." The embassy also noted that older passports would continue to be processed normally without being impacted by similar territorial restrictions. Earlier, Spain, Germany, and the Czech Republic announced that they wouldn't … [Read more...] about Spain accepts new Vietnamese passports

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☕ Afternoon briefing on August 8

August 8, 2022 by en.vietnamplus.vn

Hanoi (VNA) - The following is a brief review of the day’s events as reported by the Vietnam News Agency on August 8. - Prime Minister Pham Minh Chinh on August 8 described digital transformation as an important tool for the building of an independent and self-reliant economy and the extensive and effective integration into the world. He made the remark while chairing the third meeting of the National Committee on Digital Transformation in Hanoi. Read full story - Issues in the areas of public security and culture, sports and tourism will be the focus of the upcoming question-and-answer session of the 15th National Assembly (NA)’s 14th session on August 10, according to a freshly-released plan of the NA Standing Committee. Read full story - A delegation of the Royal Cambodian Armed Forces (RCAF) led by Lt. Gen. Hun Manet, Deputy Commander-in-Chief of the RCAF and Commander of the Royal Cambodian Army, is making an official visit to Vietnam. Following an official welcome … [Read more...] about ☕ Afternoon briefing on August 8

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