South china sea cruises

Not merely a gathering of artworks by three painters who present three generations, the exhibition is like a sketch of the development of the sector that helps viewers know more about the contributions made by Vietnamese graphic artists in the past and present time. Over 50 exhibits, mainly visual graphics, have highlighted their uniqueness and creative ideas both in content and form. They expressed their views, distinctive expressions and characteristic styles. … [Read more...] about VIETNAM NEWS JANUARY 26

At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners have registered ships with foreign nationality to reduce taxes and fees. … [Read more...] about Shipping industry needs State support to develop: ministry

Therefore, the ministry has proposed the Prime Minister consider and adjust financial mechanisms to support the development of the fleet, including loans with preferential interest rates. Investment in a fleet of ships requires huge and long-term capital, while local enterprises are unlikely to be able to invest in high-quality fleets, according to Deputy Minister of Transport Nguyễn Nhật. The shipping companies have received very little financial support from the Government in the past few years to carry out fleet development. Interest rates on bank loans in Việt Nam are from 8-10 per cent per year, higher than interest rates in other countries such as Japan (1-2 per cent), Singapore (3 per cent) and China (4.5 per cent). At the same time, when registering a ship to fly the Vietnamese flag, the enterprise must carry out procedures on importing ships and have to pay taxes and fees such as registration fee, value-added tax and import tax on ships. Some ship owners … [Read more...] about Shipping industry needs State support to develop: ministry

The Regional Comprehensive Economic Partnership could provide opportunities for local small and medium enterprises to move up the value chain with the simplification of procedures. Manufacturers in advanced countries such as Japan, China and South Korea may consider minimizing costs by outsourcing the final processing steps to less expensive ASEAN countries such as Vietnam to achieve cost benefits. … [Read more...] about Standard Chartered forecasts Vietnam’s 2021 GDP growth at 7.8%

The draft political report submitted to the 13th National Party Congress has shown the importance and the pioneering role of foreign affairs in the cause of building and safeguarding the country. An important foundation to implement the task is to continue "building a comprehensive and modern diplomacy" with focus on three pillars of Party diplomacy, State diplomacy and people-to-people diplomacy. … [Read more...] about Looking back at Vietnam’s external affairs over the past 35 years