And with the international and regional situation remaining complicated and unpredictable in 2021, businesses and investors are changing their way of thinking and taking more drastic action to overcome the difficulties. As a result, more efforts have been made to improve mobilisation and efficient use of resources. As such, according to industry insiders, a reasonable M&A strategy could be a key tool for businesses to conquer the hardship and thrive in a new normal. … [Read more...] about Long-term development commitments realised through strategic M&A moves
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Routes leading to Long Thanh airport to be built
Hanoi (VNA) – The southern province of Dong Nai will build four routes linking localities with the area of Long Thanh International Airport whose construction began earlier this month. According to Nguyen Bon, Deputy Director of the provincial Department of Transport, the construction of the roads, each stretching 45-60m, is expected to cost thousands of trillions of Vietnam dong. The routes include three directly leading to the airport, notably one running from the intersection with road DT 763 in Dinh Quan district, Dong Nai province, to National Highway 51 in Long Thanh district. The route, with investment of 2.3 trillion VND (99.2 million USD), has been regarded as a strategic road connecting Long Khanh city and such districts as Dinh Quan, Thong Nhat and Cam My with the airport. The other aims to connect localities in the eastern part of Dong Nai, and ease overloads for National Highways 1A and 20, and the Dau Giay intersection. Dong Nai also plans to expand and … [Read more...] about Routes leading to Long Thanh airport to be built
Exhibition on historic Truong Son-Ho Chi Minh Trail opens in Hanoi
Truong Son veteran soldiers at the exhibition A photo at the event The exhibition aims to introduce lives in battles of former Truong Son female soldiers, honor their contributions and sacrifices to the building and maintenance of the Truong Son-Ho Chi Minh Trial, and express the beautiful tradition of the Vietnamese people “When drinking water, remember its source” of the younger for the older generation. … [Read more...] about Exhibition on historic Truong Son-Ho Chi Minh Trail opens in Hanoi
Agricultural sector aims to increase domestic beef production
By November last year, the total output and value of live market cows and bulls imported to Vietnam were more than 500,000 heads (of which, 91 percent were cows), with a turnover of US$556 million; cool cattle meat reached 1.5 million kilograms; frozen meat reached 80 million kilograms. Amid the current situation, the State, as well as localities, has issued many policies to encourage and boost the development of livestock farming to increase domestic beef production. Especially, the livestock development strategy for the period from 2021 to 2030, with a vision for 2045 to develop livestock production, in general, and beef cattle, in particular, has been approved. Accordingly, the agricultural sector will maintain an average growth rate of 1 percent per year for the period from 2021 to 2030 and an average increase of 6 percent per year of beef production, and raise the proportion of large muscular breeds to above 70 percent of the total herd. Along with that, the strategy will … [Read more...] about Agricultural sector aims to increase domestic beef production
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