Update

Tinh Hoa Farm cooperative in Dak Lak province grows melon and vegetables (Photo: VNA) Hanoi (VNS/VNA) - The key role of collectives in Vietnam's socialist-orientated market economy has been reinforced through the success of cooperatives up and down the country, though their further potential remains untapped. The development of cooperatives was a key target of localities. In order to promote the local economy and overcome the ineffective operations of the current cooperatives, provinces focused on training workforce, mobilising financial sources and fostering administrative qualifications and management methods. According to a report by the Vietnam Cooperative Alliance , by June 2021 there were over 26,000 cooperatives nationwide, of which more than 17,000 were agricultural cooperatives, over 7,000 were non-agricultural cooperatives and 1,100 were people's credit fund cooperatives with over 6.8 million members, creating jobs for over 2.4 million employees. It is clear … [Read more...] about Seeking solutions to improve cooperative economic efficiency

Viet Nam’s total export-import value rise from $84.7 billion in 2006 to $545.3 billion in 2020. Workers make shoes for export. — VNA/VNS Photo Tran Viet Since joining the World Trade Organisation 15 years ago, Viet Nam has become a part of 17 FTAs, which are either under negotiation or underway. This has helped create a momentum for the country's exports. Now, the Ministry of Industry and Trade (MoIT) is enhancing the formation of a portal that will make accessing information on the current and upcoming FTAs easier for Vietnamese businesses. Ngo Chung Khanh, Deputy Director of the MoIT’s Multilateral Trade Policy Department, said that 2021 has been a difficult year for businesses and the wider economy, but there is still hope for the future. He mentioned export turnover as an example, in which traditional markets like China and other ASEAN countries were supplemented by the US and other countries that Viet Nam has signed Free Trade Agreements with. Thanks to two newly-signed … [Read more...] about FTAs momentum for Viet Nam’s exports

This year, VHT, an affiliate of the Military Industry-Telecoms Group (Viettel), has strictly embraced and implemented higher levels’ directives and resolutions. It has effectively carried out business and production tasks, oriented its personnel’s thought and actions, successfully built a typically strong and healthy Party committee, and a comprehensively-strong unit. Attentively, the company has owned a contingent of competent personnel reasonably arranged, and its public organizations have operated in an effective and practical manner. The company has also conducted training and promoted high sense of combat readiness posture. In addition, VHT has focused on digitization and innovated its training methods to improve training quality. In the year, it has opened 24 training courses to improve expertise on programming languages/software development, information processing, virtual reality, cloud computing, and digital electronic circuits. It has also organized nine international … [Read more...] about Viettel’s affiliate commended for effective building of comprehensively-strong unit

The training conference took place at La Thanh Hotel, Hanoi in a bid to provide fresh updates on Circular No.80/2021/TT-BTC for businesses and relevant agencies on November 26. Nguyen Thi Thuy Nga, chairwoman of the Members' Council of FAC Financial & Accounting Consultant Co., Ltd., stated at the conference that Circular 80 shall take effect from January 1, 2022, with the tax declaration form prescribed in it applicable to tax periods starting from the same date. Taxpayers, tax authorities, governmental agencies, other organisations, and other individuals all fall within the scope of Circular 80. The notable points of Circular 80 include new guidance on the allocation of tax payable for taxpayers who have dependent units and business locations at different provinces; tax refund; tax exemption and reduction under the Double Tax Agreement and other international treaties; tax administration for e-commerce, digital-based business activities, and other services where overseas … [Read more...] about HPA holds tax training conference on Circular No.80/2021/TT-BTC

Nguyen Thi Tam (R) exchanges punches with Stoyka Zhelyazkova of Bulgaria during the Women's Fly (48-51kg) at the Tokyo 2020 Olympic Games (Photo: AFP/VNA) Hanoi (VNS/VNA) - Nguyen Thi Tam and Vuong Thi Vy will represent Vietnam at the World Women's Boxing Championship in Turkey next month. Vietnam's first World Boxing Organisation champion Nguyen Thu Nhi was expected to take part in the tournament but has recently withdrawn. According to Vietnam's Sport Administration's head of Boxing Department Vu Duc Thinh, it was her club, Cocky Buffalo Boxing, that asked for her to be withdrawn. "After her victory at the WBO event last month, Nhi suffered some injuries. It will not be good for her to compete at the world championship as she will not be fully recovered," said Thinh, adding that boxer Vy will take the place. "The International Boxing Association or AIBA has recently announced their new weight categories. Following the update, there is no more U51kg category that Tam … [Read more...] about Vietnamese female boxers to compete in world championship in Turkey

Vietnam is advised to maintain epidemiological surveillance and boost genome sequencing to detect the variant. Vietnam’s Ministry of Health today [Nov 30] worked with representatives of the World Health Organization (WHO) and the US Centers for Disease Control and Prevention (CDC) on the risk of Omicron variant transmission. Dr. Kidong Park, WHO Representative in Vietnam, at the meeting with Health Minister Nguyen Thanh Long on Nov 30. Screenshots: Minh Vu Working with Health Minister Nguyen Thanh Long on Tuesday morning were Dr. Kidong Park, WHO Representative in Vietnam, John MacArthur, MD, Director of CDC Southeast Asia Regional Office, and Dr. Matthew Moore, Director of CDC Vietnam’s Global Health Security Program, the Vietnam Television (VTV) reported. At the meeting, Dr. Kidong Park made four recommendations for Vietnam namely epidemiological surveillance, the 5K (masking – disinfection – distance – no gathering – medical declaration) with vaccination, … [Read more...] about Vietnam works with WHO, CDC on Omicron variant